loading...
Overview

Fund Profile

Key Facts

Fund Ticker ZPW
Net Assets (Mn)
(Mar 27, 2020)
$ 59.07
Base Currency CAD
Closing Market Price $ 14.05
12-Month Low/High (Market Price) $ 12.80 / $ 17.60
Closing NAV Price
(Mar 27, 2020)
$ 14.0118
12-Month Low/High (Price (NAV)) $ 12.6630 / $ 17.5718
Annualized Distribution Yield
(Mar 20, 2020)

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

8.79%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.65%
Management Expense Ratio 0.73%
Market Volume 30,023
Distribution Frequency Monthly
Options Available No
Inception Date Sep 02, 2015
Fiscal Year-End December 31
Units Outstanding (000's) 4,216
Index -
Market Cap ($Bn)
(Feb 28, 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)
(Mar 27, 2020)
$ 59.07
Market Price $ 14.05
12-Month Low/High (Market Price) $ 12.80 / $ 17.60
Price (NAV) $ 14.0118
12-Month Low/High (Price (NAV)) $ 12.6630 / $ 17.5718
Distribution Frequency Monthly

Daily Prices

Unit Price as of
(Mar 27, 2020)
1 Day Change 1 Day % Change
Market Price $ 14.05 $ -0.50 -3.44%
Price (NAV) $ 14.0118 $ -0.5198 -3.58%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Feb 28, 2020

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -4.71% -2.36% -1.38% - - 0.46%
Index - - - - - -
Calendar Performance

Calendar Year Performance (%) for period ending: Feb 28, 2020

YTD 2019 2018 2017 2016 2015
NAV -4.55% -1.11% 2.84% -1.40% 0.63% 5.98%
Index - - - - - -
Cumulative Performance

Cumulative Performance (%) for period ending: Feb 28, 2020

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -4.55% -5.41% -5.55% -3.78% -4.71% -4.66% -4.10% - - 2.08%
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 0.000000 0.095000
Feb, 2020 Feb 26, 2020 Feb 27, 2020 Mar 03, 2020 0.095000 0.000000 0.095000
Mar, 2020 Mar 27, 2020 Mar 30, 2020 Apr 02, 2020 0.095000 0.000000 0.095000
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 Mar 27, 2020

Stock

36.46%

Cash and Cash Equivalents

63.54%

Number of Holdings

29

Total Net Assets

$ 100,500,684.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
75.48% UNITED STATES TREASURY BILL 21May2020 US912796SR11 - 37,011,000 USD 51,663,846 - Cash and Cash Equivalents
20.95% SPDR S&P 500 ETF TRUST US78462F1030 SPY 40,450 USD 14,341,949 - Stock
2.86% 3M CO US88579Y1010 MMM 10,490 USD 1,955,505 Industrials Stock
1.06% VEEVA SYSTEMS INC US9224751084 VEEV 3,550 USD 722,918 Health Care Stock
0.97% ORACLE CORP US68389X1054 ORCL 9,520 USD 663,707 Information Technology Stock
0.97% EDWARDS LIFESCIENCES CORP US28176E1082 EW 2,400 USD 665,356 Health Care Stock
0.93% XILINX INC US9839191015 XLNX 6,075 USD 639,335 Information Technology Stock
0.91% CISCO SYSTEMS INC US17275R1023 CSCO 11,525 USD 625,958 Information Technology Stock
0.89% NIKE INC US6541061031 NKE 5,240 USD 610,183 Consumer Discretionary Stock
0.88% ESTEE LAUDER COS INC/THE US5184391044 EL 2,670 USD 600,236 Consumer Staples Stock
0.87% MASTERCARD INC US57636Q1040 MA 1,715 USD 594,225 Information Technology Stock
0.83% UNION PACIFIC CORP US9078181081 UNP 2,925 USD 569,044 Industrials Stock
0.83% TJX COS INC/THE US8725401090 TJX 8,725 USD 571,295 Consumer Discretionary Stock
0.69% SYSCO CORP US8718291078 SYY 6,650 USD 469,388 - Stock
0.62% LYONDELLBASELL INDUSTRIES NV NL0009434992 LYB 6,100 USD 421,605 Materials Stock
0.56% TWITTER INC US90184L1026 TWTR 10,875 USD 384,793 Communication Services Stock
0.55% CELANESE CORP US1508701034 CE 3,790 USD 377,916 Materials Stock
0.43% BOEING CO/THE US0970231058 BA 1,310 USD 296,917 Industrials Stock
0.38% MOSAIC CO/THE US61945C1036 MOS 19,000 USD 263,171 Materials Stock
0.26% BAUSCH HEALTH COS INC CA0717341071 BHC 8,900 USD 180,678 Health Care Stock
-0.35% CT196373198 BMOOTC - - -7,100 USD -238,705 - Cash and Cash Equivalents
-0.42% CT196373200 BMOOTC - - -17,800 USD -287,392 - Cash and Cash Equivalents
-0.60% CT196248264 BMOOTC - - -11,200 USD -407,888 - Cash and Cash Equivalents
-0.61% CT196373199 BMOOTC - - -15,700 USD -417,571 - Cash and Cash Equivalents
-0.97% CT196373206 BMOOTC - - -17,200 USD -663,699 - Cash and Cash Equivalents
-1.07% CT196488517 BMOOTC - - -16,000 USD -729,474 - Cash and Cash Equivalents
-2.99% CT196447787 BMOOTC - - -29,500 USD -2,046,338 - Cash and Cash Equivalents
-3.07% CT196447770 BMOOTC - - -30,000 USD -2,103,244 - Cash and Cash Equivalents
-1.86% CASH - - 1 CAD -1,274,550 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Download