loading...
Overview

Fund Profile

Key Facts

Fund Ticker ZRE
Net Assets (Mn)
(Sep 18, 2019)
$ 646.39
Base Currency CAD
Closing Market Price $ 24.77
12-Month Low/High (Market Price) $ 20.26 / $ 24.77
Closing NAV Price
(Sep 18, 2019)
$ 24.7500
12-Month Low/High (Price (NAV)) $ 20.2336 / $ 24.7500
Annualized Distribution Yield
(Sep 13, 2019)

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

4.23%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.55%
Management Expense Ratio 0.61%
Market Volume 36,259
Distribution Frequency Monthly
Options Available Yes
Inception Date May 19, 2010
Fiscal Year-End December 31
Units Outstanding (000's) 26,117
Index Solactive Equal Weight Canada REIT Index
Market Cap ($Bn)
(Aug 30, 2019)
79.18
Exchange TSX
CUSIP 05560G105
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

The BMO Equal Weight REITs Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada REIT Index, net of expenses. The Fund invests in Canadian real estate investment trusts. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.

Benchmark Info

The Solactive Equal Weight Canada REIT Index consists of the Canadian securities that fall within the Real Estate Investment Trust sector. Each security in the Index is allocated a fixed weight rather than a market capitalization weight. To be included as a Constituent Security, an issue must meet certain minimum trading volume requirements and be incorporated in, or has its primary market listing in Canada.

Fund Benefits

  • Designed for investors looking for growth solutions
  • Exposure to Canadian Real Estate Investment Trusts (REITs)¬†
  • Equal weighted to lessen security specific risk
  • 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)
(Sep 18, 2019)
$ 646.39
Market Price $ 24.77
12-Month Low/High (Market Price) $ 20.26 / $ 24.77
Price (NAV) $ 24.7500
12-Month Low/High (Price (NAV)) $ 20.2336 / $ 24.7500
Distribution Frequency Monthly

Daily Prices

Unit Price as of
(Sep 18, 2019)
1 Day Change 1 Day % Change
Market Price $ 24.77 $ 0.04 0.16%
Price (NAV) $ 24.7500 $ 0.0258 0.10%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Aug 30, 2019

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 16.46% 16.27% 13.40% 9.47% - 11.06%
Index 17.44% 17.11% 14.18% 10.26% - 11.78%
Calendar Performance

Calendar Year Performance (%) for period ending: Aug 30, 2019

YTD 2018 2017 2016 2015 2014 2013 2012 2011 2010
NAV 22.87% 3.16% 14.23% 17.11% -5.16% 8.73% -4.60% 18.14% 13.92% 18.02%
Index 23.57% 3.84% 14.91% 18.15% -4.49% 9.37% -4.25% 18.87% 14.50% 18.60%
Cumulative Performance

Cumulative Performance (%) for period ending: Aug 30, 2019

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 22.87% 3.40% 6.27% 9.15% 16.46% 35.18% 45.84% 57.18% - 164.90%
Index 23.57% 3.45% 6.45% 9.54% 17.44% 37.16% 48.86% 62.95% - 181.30%

The ETF started tracking the Solactive Equal Weight Canada REIT Index on May 27, 2016. Previously it was tracking the Dow Jones Canada Select Equal Weight REIT 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, 2019 Jan 29, 2019 Jan 30, 2019 Feb 04, 2019 0.085000 0.000000 0.085000
Feb, 2019 Feb 26, 2019 Feb 27, 2019 Mar 04, 2019 0.085000 0.000000 0.085000
Mar, 2019 Mar 27, 2019 Mar 28, 2019 Apr 02, 2019 0.085000 0.000000 0.085000
Apr, 2019 Apr 26, 2019 Apr 29, 2019 May 02, 2019 0.085000 0.000000 0.085000
May, 2019 May 29, 2019 May 30, 2019 Jun 04, 2019 0.085000 0.000000 0.085000
Jun, 2019 Jun 26, 2019 Jun 27, 2019 Jul 03, 2019 0.085000 0.000000 0.085000
Jul, 2019 Jul 29, 2019 Jul 30, 2019 Aug 02, 2019 0.085000 0.000000 0.085000
Aug, 2019 Aug 28, 2019 Aug 29, 2019 Sep 04, 2019 0.085000 0.000000 0.085000
Sep, 2019 Sep 26, 2019 Sep 27, 2019 Oct 02, 2019 - - -
Oct, 2019 Oct 29, 2019 Oct 30, 2019 Nov 04, 2019 - - -
Nov, 2019 Nov 27, 2019 Nov 28, 2019 Dec 03, 2019 - - -
Dec, 2019 Dec 27, 2019 Dec 30, 2019 Jan 03, 2020 - - -
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 Sep 18, 2019

Stock

99.66%

Cash and Cash Equivalents

0.34%

Number of Holdings

23

Total Net Assets

$ 646,393,797.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
5.12% DREAM GLOBAL REAL ESTATE INVESTMENT TRUST CA26154A1066 DRG-U 1,995,238 CAD 33,081,046 - Stock
4.89% DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST CA26153W1095 DIR-U 2,459,911 CAD 31,609,856 - Stock
4.86% DREAM OFFICE REAL ESTATE INVESTMENT TRUST CA26153P1045 D-U 1,111,949 CAD 31,423,679 - Stock
4.77% ARTIS REAL ESTATE INVESTMENT TRUST CA04315L1058 AX-U 2,468,769 CAD 30,859,613 - Stock
4.77% SUMMIT INDUSTRIAL INCOME REIT CA8661201167 SMU-U 2,459,951 CAD 30,823,186 - Stock
4.74% CROMBIE REAL ESTATE INVESTMENT TRUST CA2271071094 CRR-U 1,923,660 CAD 30,643,904 - Stock
4.72% ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST CA0194561027 AP-U 572,823 CAD 30,520,009 - Stock
4.72% INTERRENT REAL ESTATE INVESTMENT TRUST CA46071W2058 IIP-U 1,944,166 CAD 30,503,965 - Stock
4.66% KILLAM APARTMENT REAL ESTATE INVESTMENT TRUST CA49410M1023 KMP-U 1,511,320 CAD 30,105,494 - Stock
4.56% BOARDWALK REAL ESTATE INVESTMENT TRUST CA0966311064 BEI-U 668,977 CAD 29,488,506 - Stock
4.50% CANADIAN APARTMENT PROPERTIES REIT CA1349211054 CAR-U 537,135 CAD 29,069,746 - Stock
4.50% COMINAR REAL ESTATE INVESTMENT TRUST CA1999101001 CUF-U 2,292,927 CAD 29,074,314 - Stock
4.49% NORTHWEST HEALTHCARE PROPERTIES REAL ESTATE INVESTMENT TRUST CA6674951059 NWH-U 2,479,997 CAD 29,015,965 - Stock
4.46% CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST CA17039A1066 CHP-U 2,009,855 CAD 28,801,222 - Stock
4.37% RIOCAN REAL ESTATE INVESTMENT TRUST CA7669101031 REI-U 1,081,158 CAD 28,272,282 - Stock
4.33% NORTHVIEW APARTMENT REAL ESTATE INVESTMENT TRUST CA6671851021 NVU-U 954,118 CAD 27,993,822 - Stock
4.32% CT REAL ESTATE INVESTMENT TRUST CA1264621006 CRT-U 1,965,058 CAD 27,903,824 - Stock
4.29% GRANITE REAL ESTATE INVESTMENT TRUST CA3874371147 GRT-U 434,296 CAD 27,738,486 - Stock
4.21% CHARTWELL RETIREMENT RESIDENCES CA16141A1030 CSH-U 1,838,323 CAD 27,207,180 - Stock
4.21% WPT INDUSTRIAL REAL ESTATE INVESTMENT TRUST CA92937G1090 WIR/U 1,506,651 USD 27,223,617 - Stock
4.17% H&R REAL ESTATE INVESTMENT TRUST CA4039254079 HR-U 1,188,302 CAD 26,938,806 - Stock
4.01% SMARTCENTRES REAL ESTATE INVESTMENT TRUST CA83179X1087 SRU-U 801,519 CAD 25,929,140 - Stock
0.34% CASH - - 1 CAD 2,166,073 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Download