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Overview

Fund Profile

Key Facts

Fund Ticker ZMT
Net Assets (Mn)
(Feb 25, 2020)
$ 26.96
Base Currency CAD
Closing Market Price $ 36.95
12-Month Low/High (Market Price) $ 36.60 / $ 48.68
Closing NAV Price
(Feb 25, 2020)
$ 36.6300
12-Month Low/High (Price (NAV)) $ 36.5724 / $ 48.6760
Annualized Distribution Yield
(Feb 21, 2020)

Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV.

2.63%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.55%
Management Expense Ratio 0.62%
Market Volume 979
Distribution Frequency Annually
Options Available No
Inception Date Oct 20, 2009
Fiscal Year-End December 31
Units Outstanding (000's) 736
Index Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged
Market Cap ($Bn)
(Jan 31, 2020)
596.84
Exchange TSX
CUSIP 05584E201
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO Equal Weight Global Base Metals Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged, net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index. The Fund invests in and holds Canadian and US securities and ADRs. U.S. dollar currency exposure is hedged back to Canadian dollars.

Benchmark Info

The Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged includes global securities in the base metals industry. Constituents are subject to minimum market capitalization and liquidity screens. In addition, each security in this Index is allocated an equal weight rather than a market capitalization weight. In addition, the United States dollar exposure in the Index is hedged to the Canadian dollar.

Fund Benefits

  • Provides convenient and efficient equal weight exposure to global base metals equities
  • Benefits from increasing demand for base metals such as Copper, Lead, Nickel, and Zinc, used in various industrial and construction industries
  • Currency hedged to eliminate U.S.currency exposure
  • Equal weighting avoids security concentration
  • The underlying securities of ZMT have large daily trade volumes which represents the ETFs true liquidity

Risk Rating

  • Low
  • Low to Medium
  • Medium
  • Medium to High
  • High

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Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Fund Total Assets ($Mn)
(Feb 25, 2020)
$ 26.96
Market Price $ 36.95
12-Month Low/High (Market Price) $ 36.60 / $ 48.68
Price (NAV) $ 36.6300
12-Month Low/High (Price (NAV)) $ 36.5724 / $ 48.6760
Distribution Frequency Annually

Daily Prices

Unit Price as of
(Feb 25, 2020)
1 Day Change 1 Day % Change
Market Price $ 36.95 $ -1.13 -2.97%
Price (NAV) $ 36.6300 $ -1.4828 -3.89%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Jan 31, 2020

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -12.77% -21.44% -10.14% -5.03% -5.80% -6.12%
Index -12.21% -20.02% -8.84% -3.78% -4.59% -4.93%
Calendar Performance

Calendar Year Performance (%) for period ending: Jan 31, 2020

YTD 2019 2018 2017 2016 2015 2014 2013 2012 2011
NAV -15.59% 14.61% -35.67% 35.88% 55.09% -46.31% -10.45% -7.80% -10.56% -33.32%
Index -15.38% 15.22% -33.87% 37.00% 57.16% -45.82% -9.14% -6.40% -9.28% -32.69%
Cumulative Performance

Cumulative Performance (%) for period ending: Jan 31, 2020

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -15.59% -15.59% -6.75% -11.04% -12.77% -38.29% -27.43% -22.75% -44.99% -47.78%
Index -15.38% -15.38% -6.28% -10.44% -12.21% -36.03% -24.25% -17.51% -37.48% -40.53%

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Tax & Distributions

Distribution History

Each BMO ETF will distribute net taxable income to investors at least once a year. A BMO ETF will have taxable income if the income generated (for example interest, dividend, capital gains, etc.) by the securities within the BMO ETF is greater than the expenses of the BMO ETF. The distributions will either be paid in cash or reinvested in the BMO ETF at the discretion of the manager. The future distribution dates for BMO ETFs may change at any time and whether or not a distribution occurs will depend on the tax characteristics of the underlying investments.

The following table lists historical distributions and includes information about the frequency dollar value and tax composition of the distribution. The tax composition of the BMO ETF distribution will be determined on a yearly basis and will only be available after the BMO ETFs tax year. This information will be reported in an official tax receipt provided to investors by their broker.

Download Distribution History (Excel)
Distribution Period

Future distribution dates may change without any prior notice.

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.

Total Distribution Per Unit
Dec, 2020 Dec 29, 2020 Dec 30, 2020 Jan 05, 2021 - - -
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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.

- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Feb 25, 2020

Stock

100.46%

Cash and Cash Equivalents

-0.46%

Number of Holdings

25

Total Net Assets

$ 26,957,460.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
5.06% COMPASS MINERALS INTERNATIONAL INC US20451N1019 CMP 17,159 USD 1,363,373 - Stock
5.01% KAISER ALUMINUM CORP US4830077040 KALU 9,823 USD 1,351,002 - Stock
5.01% MUELLER INDUSTRIES INC US6247561029 MLI 33,274 USD 1,350,869 - Stock
4.95% LUNDIN MINING CORP CA5503721063 LUN 188,296 CAD 1,335,019 - Stock
4.80% FREEPORT-MCMORAN INC US35671D8570 FCX 90,770 USD 1,294,737 - Stock
4.73% SOUTHERN COPPER CORP US84265V1052 SCCO 27,380 USD 1,275,736 - Stock
4.60% LUXFER HOLDINGS PLC GB00BNK03D49 LXFR 58,238 USD 1,241,022 - Stock
4.51% FIRST QUANTUM MINERALS LTD CA3359341052 FM 117,614 CAD 1,216,129 - Stock
4.46% TREDEGAR CORP US8946501009 TG 49,499 USD 1,201,535 - Stock
4.45% CONSTELLIUM SE FR0013467479 CSTM 70,250 USD 1,200,021 - Stock
4.42% RIO TINTO PLC US7672041008 RIO 17,779 USD 1,191,889 - Stock
4.34% BHP GROUP LTD US0886061086 BHP 18,800 USD 1,169,115 - Stock
4.22% NEXA RESOURCES SA LU1701428291 NEXA 101,729 USD 1,137,313 - Stock
4.19% BHP GROUP PLC US05545E2090 BBL 21,466 USD 1,129,448 - Stock
4.19% CENTURY ALUMINUM CO US1564311082 CENX 138,576 USD 1,129,244 - Stock
4.13% VEDANTA LTD US92242Y1001 VEDL 115,781 USD 1,114,334 - Stock
4.09% ALLEGHENY TECHNOLOGIES INC US01741R1023 ATI 44,611 USD 1,102,455 - Stock
4.03% IVANHOE MINES LTD CA46579R1047 IVN 333,466 CAD 1,087,099 - Stock
3.54% HAYNES INTERNATIONAL INC US4208772016 HAYN 27,067 USD 953,510 - Stock
3.53% CARPENTER TECHNOLOGY CORP US1442851036 CRS 17,742 USD 951,196 - Stock
3.37% ERO COPPER CORP CA2960061091 ERO 59,077 CAD 908,013 - Stock
3.17% HUDBAY MINERALS INC CA4436281022 HBM 245,527 CAD 854,434 - Stock
3.05% ALCOA CORP US0138721065 AA 42,704 USD 823,144 - Stock
2.60% TECK RESOURCES LTD CA8787422044 TECK/B 51,006 CAD 700,822 - Stock
-0.46% CASH - - 1 CAD -124,000 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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