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Overview

Fund Profile

Key Facts

Fund Ticker ZUD
Net Assets (Mn)
(Feb 14, 2020)
$ 126.61
Base Currency CAD
Closing Market Price $ 25.82
12-Month Low/High (Market Price) $ 22.83 / $ 26.30
Closing NAV Price
(Feb 14, 2020)
$ 25.8280
12-Month Low/High (Price (NAV)) $ 22.8459 / $ 26.2677
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.

2.86%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.30%
Management Expense Ratio 0.34%
Market Volume 8,208
Distribution Frequency Monthly
Options Available No
Inception Date Mar 19, 2013
Fiscal Year-End December 31
Units Outstanding (000's) 4,902
Index -
Market Cap ($Bn)
(Jan 31, 2020)
8,948.49
Exchange TSX
CUSIP 05576C106
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO US Dividend Hedged to CAD ETF has been designed to provide exposure to a yield weighted portfolio of U.S. dividend paying stocks. The ETF utilizes a rules based methodology that considers the three year dividend growth rate, yield, and payout ratio to invest in U.S. equities. Securities will also be subject to a liquidity screen process. The underlying portfolio is rebalanced in June and reconstituted in December. The U.S. dollar currency exposure is hedged back to Canadian dollars. In addition, as ZUD 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 income and growth solutions
  • Exposure to high dividend paying equities
  • Sustainable income with lower volatility than the market 
  • Currency is hedged to mitigate currency impacts
  • Professionally managed by BMO Global Asset Management

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 14, 2020)
$ 126.61
Market Price $ 25.82
12-Month Low/High (Market Price) $ 22.83 / $ 26.30
Price (NAV) $ 25.8280
12-Month Low/High (Price (NAV)) $ 22.8459 / $ 26.2677
Distribution Frequency Monthly

Daily Prices

Unit Price as of
(Feb 14, 2020)
1 Day Change 1 Day % Change
Market Price $ 25.82 $ -0.08 -0.31%
Price (NAV) $ 25.8280 $ -0.0638 -0.25%

Performance

Annualized Performance

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

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 10.71% 3.72% 8.03% 9.36% - 11.02%
Index - - - - - -
Calendar Performance

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

YTD 2019 2018 2017 2016 2015 2014 2013
NAV -2.94% 21.23% -5.48% 13.32% 22.91% -1.40% 15.73% 16.02%
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 -2.94% -2.94% 2.18% 4.41% 10.71% 7.58% 26.06% 56.41% - 105.10%
Index - - - - - - - - - -

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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.

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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 0.070000 - 0.070000
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 - - -
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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 13, 2020

Stock

100.09%

Cash and Cash Equivalents

-0.09%

Number of Holdings

2

Total Net Assets

$ 126,608,954.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
100.09% BMO US DIVIDEND ETF CA05575X1197 ZDY 3,667,030 CAD 127,034,977 - Stock
-0.09% CASH - - 1 CAD -113,388 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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