Overview

Fund Profile

Key Facts

Portfolio Strategy

BMO Monthly Income ETF has been designed to deliver the performance of an underlying basket of higher yielding BMO ETFs. ETFs are eligible to be selected by having a higher yield than either the equity market represented by the BMO S&P/TSX Capped Composite Index ETF (ZCN) or the fixed income market represented by the BMO Aggregate Bond Index ETF (ZAG). The holdings are weighted to emphasize yield, with 50 percent investment in each of equity and fixed income and a cap of 20 percent for each security. The ETF is rebalanced and reconstituted semi-annually in July and January. In addition, as ZMI is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.

Fund Benefits

  • Designed for investors looking for higher yielding balanced ETFs
  • Invested in a diversified portfolio of fixed income and equity BMO ETFs
  • Purchased in US Dollars
  • Professionally managed by BMO Global Asset Management

Risk Rating

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Price & Performance

Performance Chart

Growth of 10,000

Chart comparing growth of $10,000. From START_DATE to END_DATE. Comparing FUND_1 and FUND_2. For more details, email [email protected] or call 1-800-361-1392.

Performance Details

Daily Prices

Daily prices table has 3 columns. Table columns are Unit Price as of Aug 15, 2022, 1 Day Change, 1 Day % Change
Unit Price as of
(Aug 15, 2022)
1 Day Change 1 Day % Change
Market Price $ 27.71 - -
Price (NAV) $ 28.0387 $ -0.1365 -0.48%

Performance

Annualized Performance

Annualized Performance (%) for period ending: -

Table for annualized performance. For period ending
1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV - - - - - -
Index - - - - - -
Calendar Performance

Calendar Year Performance (%) for period ending: -

Table for calendar performance. For period ending
YTD
NAV -
Index -
Cumulative Performance

Cumulative Performance (%) for period ending: -

Table for cumulative performance. For period ending
YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV - - - - - - - - - -
Index - - - - - - - - - -

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Tax & Distributions

Distribution History

Download Distribution History (Excel)
Table for distribution history. For period ending
Distribution Period

Future distribution dates may change without any prior notice.

Footnote
Ex-Dividend Date Record Date Pay Date Cash Distribution Per Unit Reinvested Distribution Per Unit

Distributions by the BMO ETF that are not paid in cash should be accounted for by investors for tax purposes by adding the distribution amount to the adjusted cost base of the units held.

Footnote
Total Distribution Per Unit
Feb, 2022 Feb 24, 2022 Feb 25, 2022 Mar 02, 2022 0.110000 0.000000 0.110000
Mar, 2022 Mar 29, 2022 Mar 30, 2022 Apr 04, 2022 0.110000 0.000000 0.110000
Apr, 2022 Apr 27, 2022 Apr 28, 2022 May 03, 2022 0.110000 0.000000 0.110000
May, 2022 May 27, 2022 May 30, 2022 Jun 03, 2022 0.110000 0.000000 0.110000
Jun, 2022 Jun 28, 2022 Jun 29, 2022 Jul 05, 2022 0.110000 0.000000 0.110000
Jul, 2022 Jul 27, 2022 Jul 28, 2022 Aug 03, 2022 0.110000 0.000000 0.110000
Aug, 2022 Aug 29, 2022 Aug 30, 2022 Sep 02, 2022 - - -
Sep, 2022 Sep 28, 2022 Sep 29, 2022 Oct 05, 2022 - - -
Oct, 2022 Oct 27, 2022 Oct 28, 2022 Nov 02, 2022 - - -
Nov, 2022 Nov 28, 2022 Nov 29, 2022 Dec 02, 2022 - - -
Dec, 2022 Dec 28, 2022 Dec 29, 2022 Jan 03, 2023 - - -
Download Distribution Tax (Excel)
ETF distribution tax table. Showing for year
Distribution Period Eligible Dividends Non Eligible Dividends Other Income Capital Gains Return of Capital Foreign Income Foreign Tax Paid Total Distribution per Unit for Tax Purpose

The exact tax treatment of the distributions for a calendar year is calculated after the BMO ETF's tax year-end. As a result investors will receive an official tax statement from their broker detailing the type of income they have to report for tax purposes for the entire year and not for each distribution.

Footnote
- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Aug 15, 2022

Stock

61.15%

Fixed Income

38.65%

Cash and Cash Equivalents

0.20%

Number of Holdings

9

Total Net Assets

$ 1,401,961.00


Download Holdings (Excel)
No column selected.
Daily holdings table has 5 columns. Table columns are Weight (%), Name, ISIN, Bloomberg Ticker, Base Market Value
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
23.83% BMO CORPORATE BOND INDEX ETF CA05585M1032 ZCB 586,373 CAD 26,913,594 - Fixed Income
20.16% BMO US DIVIDEND ETF CA05575X1197 ZDY 626,026 CAD 22,764,321 - Stock
14.69% BMO GLOBAL HIGH DIVIDEND COVERED CALL ETF CA05600B1085 ZWG 584,171 CAD 16,589,557 - Stock
13.24% BMO CANADIAN DIVIDEND ETF CA05590R1055 ZDV 739,958 CAD 14,950,792 - Stock
10.01% BMO MID-TERM US IG CORPORATE BOND HEDGED TO CAD INDEX ETF CA05575W1032 ZMU 849,807 CAD 11,300,589 - Fixed Income
7.98% BMO INTERNATIONAL DIVIDEND ETF CA09658Q1081 ZDI 483,898 CAD 9,005,710 - Stock
5.08% BMO PREMIUM YIELD ETF CA05600A3082 ZPAY/F 193,778 CAD 5,740,053 - Stock
4.81% BMO US PREFERRED SHARE HEDGED TO CAD INDEX ETF CA09661J1093 ZHP 241,970 CAD 5,427,752 - Fixed Income
0.20% CASH - - 1 CAD 230,311 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

has a donut chart divided into 2 ranges. Ranges are: 66.35%, Income Equity.33.65%, Corporate Bonds.

Geographic Allocation

has a donut chart divided into 3 ranges. Ranges are: 39.29%, United States.36.82%, Canada.23.89%, Other.

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