loading...
Overview

Fund Profile

Key Facts

Fund Ticker ZPW
Net Assets (Mn)
(Feb 14, 2020)
$ 114.69
Base Currency CAD
Closing Market Price $ 16.36
12-Month Low/High (Market Price) $ 15.92 / $ 17.60
Closing NAV Price
(Feb 14, 2020)
$ 16.3465
12-Month Low/High (Price (NAV)) $ 15.9294 / $ 17.5718
Annualized Distribution Yield
(Feb 07, 2020)

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

6.98%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.65%
Management Expense Ratio 0.73%
Market Volume 18,733
Distribution Frequency Monthly
Options Available No
Inception Date Sep 02, 2015
Fiscal Year-End December 31
Units Outstanding (000's) 7,016
Index -
Market Cap ($Bn)
(Jan 31, 2020)
-
Exchange TSX
CUSIP 05581B101
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO US Put Write ETF has been designed to deliver an alternative income exposure by writing put options on an underlying portfolio of U.S. large cap equities. The ETF writes short-dated out-of-the-money put options by analyzing the available option premiums, while investing the portfolio in cash equivalents. The ETF may be subject to a loss if the stock prices decline significantly over the option period.

Fund Benefits

  • Designed for investors looking for consistent income
  • Alternative strategy invested in short term bonds and exposed to U.S. equity market downside volatility
  • Put option writing generates income
  • Professionally managed by BMO Global Asset Management

Risk Rating

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

Download

Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Fund Total Assets ($Mn)
(Feb 14, 2020)
$ 114.69
Market Price $ 16.36
12-Month Low/High (Market Price) $ 15.92 / $ 17.60
Price (NAV) $ 16.3465
12-Month Low/High (Price (NAV)) $ 15.9294 / $ 17.5718
Distribution Frequency Monthly

Daily Prices

Unit Price as of
(Feb 14, 2020)
1 Day Change 1 Day % Change
Market Price $ 16.36 $ 0.01 0.06%
Price (NAV) $ 16.3465 $ -0.0076 -0.05%

Performance

Annualized Performance

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

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 1.44% 2.31% 1.32% - - 1.74%
Index - - - - - -
Calendar Performance

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

YTD 2019 2018 2017 2016 2015
NAV 0.91% -1.11% 2.84% -1.40% 0.63% 5.98%
Index - - - - - -
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 0.91% 0.91% 1.59% 0.37% 1.44% 4.67% 4.00% - - 7.91%
Index - - - - - - - - - -

Download

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
Jan, 2020 Jan 29, 2020 Jan 30, 2020 Feb 04, 2020 0.095000 - 0.095000
Feb, 2020 Feb 26, 2020 Feb 27, 2020 Mar 03, 2020 - - -
Mar, 2020 Mar 27, 2020 Mar 30, 2020 Apr 02, 2020 - - -
Apr, 2020 Apr 28, 2020 Apr 29, 2020 May 04, 2020 - - -
May, 2020 May 27, 2020 May 28, 2020 Jun 02, 2020 - - -
Jun, 2020 Jun 26, 2020 Jun 29, 2020 Jul 06, 2020 - - -
Jul, 2020 Jul 29, 2020 Jul 30, 2020 Aug 05, 2020 - - -
Aug, 2020 Aug 27, 2020 Aug 28, 2020 Sep 02, 2020 - - -
Sep, 2020 Sep 28, 2020 Sep 29, 2020 Oct 02, 2020 - - -
Oct, 2020 Oct 28, 2020 Oct 29, 2020 Nov 03, 2020 - - -
Nov, 2020 Nov 26, 2020 Nov 30, 2020 Dec 02, 2020 - - -
Dec, 2020 Dec 29, 2020 Dec 30, 2020 Jan 05, 2021 - - -
Download Distribution Tax (Excel)
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.

- - - - - - - - -

Download

Holdings & Allocations

Daily Holdings

As of Feb 13, 2020

Stock

15.59%

Cash and Cash Equivalents

84.41%

Number of Holdings

40

Total Net Assets

$ 114,686,693.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
84.88% UNITED STATES TREASURY BILL 21May2020 US912796SR11 - 82,180,000 USD 108,542,999 - Cash and Cash Equivalents
2.42% MOSAIC CO/THE US61945C1036 MOS 120,000 USD 3,100,242 Materials Stock
2.39% XILINX INC US9839191015 XLNX 25,500 USD 3,057,610 Information Technology Stock
2.11% BAUSCH HEALTH COS INC CA0717341071 BHC 74,000 USD 2,692,049 Health Care Stock
2.01% PUBLIC STORAGE US74460D1090 PSA 8,500 USD 2,576,585 Real Estate Stock
1.99% BOEING CO/THE US0970231058 BA 5,600 USD 2,546,124 Industrials Stock
1.99% CELANESE CORP US1508701034 CE 17,400 USD 2,549,981 Materials Stock
1.83% TWITTER INC US90184L1026 TWTR 47,500 USD 2,340,964 Communication Services Stock
0.84% TRACTOR SUPPLY CO US8923561067 TSCO 8,200 USD 1,068,602 Consumer Discretionary Stock
0.00% CT195006360 BMOOTC - - -15,800 USD -1,762 - Cash and Cash Equivalents
0.00% CT195006373 BMOOTC - - -7,200 USD -3,468 - Cash and Cash Equivalents
0.00% CT195006381 BMOOTC - - -9,800 USD -592 - Cash and Cash Equivalents
0.00% CT195006408 BMOOTC - - -14,500 USD -4,163 - Cash and Cash Equivalents
0.00% CT195111400 BMOOTC - - -7,500 USD -2,641 - Cash and Cash Equivalents
0.00% CT195111402 BMOOTC - - -29,900 USD -5,829 - Cash and Cash Equivalents
0.00% CT195111405 BMOOTC - - -11,200 USD -2,265 - Cash and Cash Equivalents
0.00% CT195111406 BMOOTC - - -17,000 USD -5,441 - Cash and Cash Equivalents
0.00% CT195153870 BMOOTC - - -12,500 USD -2,070 - Cash and Cash Equivalents
0.00% CT195153886 BMOOTC - - -8,500 USD -363 - Cash and Cash Equivalents
0.00% CT195346272 BMOOTC - - -7,500 USD -3,764 - Cash and Cash Equivalents
0.00% CT195346329 BMOOTC - - -12,000 USD -165 - Cash and Cash Equivalents
0.00% CT195702142 BMOOTC - - -26,200 USD -3,295 - Cash and Cash Equivalents
-0.01% CT195006414 BMOOTC - - -16,000 USD -9,677 - Cash and Cash Equivalents
-0.01% CT195006469 BMOOTC - - -19,200 USD -9,107 - Cash and Cash Equivalents
-0.01% CT195111403 BMOOTC - - -24,500 USD -13,185 - Cash and Cash Equivalents
-0.01% CT195153850 BMOOTC - - -19,800 USD -14,862 - Cash and Cash Equivalents
-0.01% CT195153902 BMOOTC - - -40,000 USD -8,442 - Cash and Cash Equivalents
-0.01% CT195153947 BMOOTC - - -12,500 USD -16,641 - Cash and Cash Equivalents
-0.01% CT195253810 BMOOTC - - -3,000 USD -11,418 - Cash and Cash Equivalents
-0.01% CT195346391 BMOOTC - - -22,000 USD -6,534 - Cash and Cash Equivalents
-0.01% CT195826985 BMOOTC - - -18,600 USD -11,401 - Cash and Cash Equivalents
-0.02% CT194574139 BMOOTC - - -18,500 USD -20,677 - Cash and Cash Equivalents
-0.02% CT194760149 BMOOTC - - -48,500 USD -21,958 - Cash and Cash Equivalents
-0.04% CT195006446 BMOOTC - - -26,000 USD -53,019 - Cash and Cash Equivalents
-0.04% CT195253821 BMOOTC - - -28,000 USD -55,017 - Cash and Cash Equivalents
-0.05% CT195153908 BMOOTC - - -25,500 USD -70,157 - Cash and Cash Equivalents
-0.08% CT195006452 BMOOTC - - -13,000 USD -105,145 - Cash and Cash Equivalents
-0.11% CT195111401 BMOOTC - - -13,500 USD -141,944 - Cash and Cash Equivalents
-0.14% CT195006460 BMOOTC - - -13,000 USD -178,552 - Cash and Cash Equivalents
0.14% CASH - - 1 CAD 183,929 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Download