Fund Profile
Key Facts
Fund Ticker | ZUQ |
---|---|
Net Assets (Mn) (Sep 29, 2023) |
$ 496.12 |
Base Currency | CAD |
Closing Market Price | $ 61.16 |
12-Month Low/High (Market Price) | $ 47.30 / $ 64.55 |
Closing NAV Price (Sep 29, 2023) |
$ 61.1780 |
12-Month Low/High (Price (NAV)) | $ 47.1816 / $ 64.5925 |
Annualized Distribution Yield (Sep 15, 2023) Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV. Footnote |
0.98% |
Swap Fee | - |
Counterparty Exposure | - |
Maximum Annual Management Fee | 0.30% |
Management Expense Ratio | 0.34% |
Market Volume | 11,807 |
Distribution Frequency | Quarterly |
Options Available | No |
Inception Date | Nov 05, 2014 |
Fiscal Year-End | December 31 |
Units Outstanding (000's) | 8,110 |
Index | MSCI USA Quality Index |
Market Cap ($Bn) (Aug 31, 2023) |
27,215.98 |
Exchange | TSX |
CUSIP | 05580L100 |
Eligibility | RRSP/RRIF/RESP/DPSP/TFSA |
Portfolio Strategy
BMO MSCI USA High Quality Index ETF has been designed to replicate, to the extent possible, the performance of the MSCI USA Quality Index, net of expenses. The Fund invests in U.S. equity markets, while screening for high return on equity (ROE), stable year-over-year earnings growth and low financial leverage. The Fund may also invest in or hold securities intended to replicate the performance of the Index.
Benchmark Info
MSCI USA Quality Index (“Index”) is based on the MSCI USA Index, its parent index, which includes large and mid cap stocks in U.S. The Index aims to capture the performance of quality growth stocks by identifying stocks with high quality scores based on three main fundamental variables: high return on equity (ROE), stable year-over-year earnings growth and low financial leverage. All securities eligible for inclusion in the Index are weighted by the product of their market cap weight in the parent index and their quality score. Issuer weights are capped at 5%. The Index is rebalanced semi-annually, as of the close of the last business day of November and May.
Fund Benefits
- Designed for investors looking for growth solutions
- Exposure to high quality U.S. equities
- Benefits from local currency appreciation
- Professionally managed by BMO Global Asset Management
Risk Rating
Download
Performance Chart
Chart comparing growth of $10,000. From START_DATE to END_DATE. Comparing FUND_1 and FUND_2. For more details, email [email protected] or call 1-800-361-1392.
Performance Details
Fund Total Assets ($Mn) (Sep 29, 2023) |
$ 496.12 |
---|---|
Market Price | $ 61.16 |
12-Month Low/High (Market Price) | $ 47.30 / $ 64.55 |
Price (NAV) | $ 61.1780 |
12-Month Low/High (Price (NAV)) | $ 47.1816 / $ 64.5925 |
Distribution Frequency | Quarterly |
Daily Prices
Unit Price as of (Sep 29, 2023) |
1 Day Change | 1 Day % Change | |
---|---|---|---|
Market Price | $ 61.16 | $ 0.22 | 0.36% |
Price (NAV) | $ 61.1780 | $ 0.2431 | 0.40% |
Performance
Annualized Performance (%) for period ending: Aug 31, 2023
1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
---|---|---|---|---|---|---|
NAV | 29.28% | 4.35% | 11.15% | 13.55% | - | 15.33% |
Index | 29.97% | 4.48% | 11.40% | 13.72% | - | 15.47% |
Aug 31, 2023 |
Calendar Year Performance (%) for period ending: Aug 31, 2023
YTD | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
NAV | 27.10% | -17.68% | 26.12% | 19.90% | 31.53% | 5.13% | 17.15% | 4.06% | 26.70% | 4.15% |
Index | 27.26% | -17.38% | 26.06% | 20.18% | 31.44% | 5.60% | 17.08% | 3.63% | 27.69% | 3.88% |
Aug 31, 2023 |
Cumulative Performance (%) for period ending: Aug 31, 2023
YTD | 1 mo | 3 Mo | 6 Mo | 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
---|---|---|---|---|---|---|---|---|---|---|
NAV | 27.10% | 2.38% | 9.25% | 21.88% | 29.28% | 8.89% | 37.33% | 88.79% | - | 251.92% |
Index | 27.26% | 2.71% | 9.28% | 22.36% | 29.97% | 9.16% | 38.26% | 90.21% | - | 255.86% |
Aug 31, 2023 |
Download
Distribution History
Distribution Period Future distribution dates may change without any prior notice. Footnote | 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. Footnote | Total Distribution Per Unit |
---|---|---|---|---|---|---|
Mar, 2023 | Mar 29, 2023 | Mar 30, 2023 | Apr 04, 2023 | 0.150000 | - | 0.150000 |
Jun, 2023 | Jun 28, 2023 | Jun 29, 2023 | Jul 05, 2023 | 0.150000 | - | 0.150000 |
Sep, 2023 | Sep 27, 2023 | Sep 28, 2023 | Oct 04, 2023 | 0.150000 | - | 0.150000 |
Dec, 2023 | Dec 27, 2023 | Dec 28, 2023 | Jan 03, 2024 | - | - | - |
Year to Date | 0.450000 | 0.000000 | 0.450000 |
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. Footnote |
---|---|---|---|---|---|---|---|---|
- | - | - | - | - | - | - | - | - |
Download
Daily Holdings
As of Sep 29, 2023
100.19%
-0.19%
127
$ 496,122,586.00
Download Holdings (Excel)
Weight (%) | Name | ISIN | Bloomberg Ticker | Number of Shares | Currency | Base Market Value | Sector | Asset Class |
---|---|---|---|---|---|---|---|---|
6.66% | NVIDIA CORP | US67066G1040 | NVDA | 60,397 | USD | 35,684,068 | Information Technology | Stock |
5.21% | META PLATFORMS INC | US30303M1027 | META | 68,543 | USD | 27,949,110 | Communication Services | Stock |
4.75% | ELI LILLY & CO | US5324571083 | LLY | 34,932 | USD | 25,484,879 | Health Care | Stock |
4.75% | MICROSOFT CORP | US5949181045 | MSFT | 59,320 | USD | 25,440,416 | Information Technology | Stock |
4.67% | APPLE INC | US0378331005 | AAPL | 107,698 | USD | 25,044,737 | Information Technology | Stock |
3.76% | VISA INC | US92826C8394 | V | 64,576 | USD | 20,174,258 | Financials | Stock |
3.71% | UNITEDHEALTH GROUP INC | US91324P1021 | UNH | 29,042 | USD | 19,888,428 | Health Care | Stock |
3.37% | MASTERCARD INC | US57636Q1040 | MA | 33,592 | USD | 18,063,922 | Financials | Stock |
3.14% | JOHNSON & JOHNSON | US4781601046 | JNJ | 79,680 | USD | 16,856,100 | Health Care | Stock |
3.05% | BROADCOM INC | US11135F1012 | AVGO | 14,500 | USD | 16,357,962 | Information Technology | Stock |
2.67% | ALPHABET INC | US02079K3059 | GOOGL | 80,661 | USD | 14,336,734 | Communication Services | Stock |
2.43% | ALPHABET INC | US02079K1079 | GOOG | 72,760 | USD | 13,030,244 | Communication Services | Stock |
2.34% | MERCK & CO INC | US58933Y1055 | MRK | 89,683 | USD | 12,540,539 | Health Care | Stock |
2.07% | ADOBE INC | US00724F1012 | ADBE | 16,046 | USD | 11,113,005 | Information Technology | Stock |
2.07% | COSTCO WHOLESALE CORP | US22160K1051 | COST | 14,471 | USD | 11,104,422 | Consumer Staples | Stock |
2.06% | ABBVIE INC | US00287Y1091 | ABBV | 54,447 | USD | 11,023,380 | Health Care | Stock |
1.99% | PEPSICO INC | US7134481081 | PEP | 46,269 | USD | 10,648,435 | Consumer Staples | Stock |
1.90% | CISCO SYSTEMS INC | US17275R1023 | CSCO | 139,650 | USD | 10,197,176 | Information Technology | Stock |
1.84% | COCA-COLA CO/THE | US1912161007 | KO | 129,968 | USD | 9,882,095 | Consumer Staples | Stock |
1.77% | ACCENTURE PLC | IE00B4BNMY34 | ACN | 22,741 | USD | 9,486,002 | Information Technology | Stock |
1.60% | TEXAS INSTRUMENTS INC | US8825081040 | TXN | 39,821 | USD | 8,600,354 | Information Technology | Stock |
1.58% | PFIZER INC | US7170811035 | PFE | 188,159 | USD | 8,477,156 | Health Care | Stock |
1.31% | QUALCOMM INC | US7475251036 | QCOM | 46,604 | USD | 7,030,085 | Information Technology | Stock |
1.17% | AUTOMATIC DATA PROCESSING INC | US0530151036 | ADP | 19,210 | USD | 6,277,209 | Industrials | Stock |
1.16% | APPLIED MATERIALS INC | US0382221051 | AMAT | 32,929 | USD | 6,192,289 | Information Technology | Stock |
1.13% | CONOCOPHILLIPS | US20825C1045 | COP | 37,106 | USD | 6,037,827 | Energy | Stock |
1.05% | NIKE INC | US6541061031 | NKE | 43,410 | USD | 5,637,911 | Consumer Discretionary | Stock |
0.99% | LOCKHEED MARTIN CORP | US5398301094 | LMT | 9,506 | USD | 5,280,297 | Industrials | Stock |
0.98% | UNION PACIFIC CORP | US9078181081 | UNP | 18,922 | USD | 5,233,455 | Industrials | Stock |
0.93% | HONEYWELL INTERNATIONAL INC | US4385161066 | HON | 19,903 | USD | 4,994,123 | Industrials | Stock |
0.91% | LAM RESEARCH CORP | US5128071082 | LRCX | 5,731 | USD | 4,878,860 | Information Technology | Stock |
0.90% | UNITED PARCEL SERVICE INC | US9113121068 | UPS | 22,873 | USD | 4,842,453 | Industrials | Stock |
0.72% | VERTEX PHARMACEUTICALS INC | US92532F1003 | VRTX | 8,162 | USD | 3,855,058 | Health Care | Stock |
0.72% | BLACKROCK INC | US09247X1019 | BLK | 4,367 | USD | 3,834,641 | Financials | Stock |
0.69% | ILLINOIS TOOL WORKS INC | US4523081093 | ITW | 11,744 | USD | 3,673,741 | Industrials | Stock |
0.68% | ZOETIS INC | US98978V1035 | ZTS | 15,336 | USD | 3,624,025 | Health Care | Stock |
0.67% | REGENERON PHARMACEUTICALS INC | US75886F1075 | REGN | 3,236 | USD | 3,617,154 | Health Care | Stock |
0.57% | CADENCE DESIGN SYSTEMS INC | US1273871087 | CDNS | 9,649 | USD | 3,070,678 | Information Technology | Stock |
0.55% | SYNOPSYS INC | US8716071076 | SNPS | 4,747 | USD | 2,959,261 | Information Technology | Stock |
0.49% | NORTHROP GRUMMAN CORP | US6668071029 | NOC | 4,425 | USD | 2,645,655 | Industrials | Stock |
0.46% | 3M CO | US88579Y1010 | MMM | 19,389 | USD | 2,465,493 | Industrials | Stock |
0.43% | LULULEMON ATHLETICA INC | US5500211090 | LULU | 4,449 | USD | 2,330,185 | Consumer Discretionary | Stock |
0.42% | ARISTA NETWORKS INC | US0404131064 | ANET | 8,951 | USD | 2,236,165 | Information Technology | Stock |
0.40% | AMPHENOL CORP | US0320951017 | APH | 18,817 | USD | 2,146,632 | Information Technology | Stock |
0.40% | CHIPOTLE MEXICAN GRILL INC | US1696561059 | CMG | 852 | USD | 2,119,847 | Consumer Discretionary | Stock |
0.39% | CARRIER GLOBAL CORP | US14448C1045 | CARR | 28,095 | USD | 2,106,434 | Industrials | Stock |
0.39% | MOODY'S CORP | US6153691059 | MCO | 4,901 | USD | 2,104,675 | Financials | Stock |
0.39% | OLD DOMINION FREIGHT LINE INC | US6795801009 | ODFL | 3,731 | USD | 2,073,370 | Industrials | Stock |
0.38% | PAYCHEX INC | US7043261079 | PAYX | 13,008 | USD | 2,037,664 | Industrials | Stock |
0.38% | CINTAS CORP | US1729081059 | CTAS | 3,091 | USD | 2,019,449 | Industrials | Stock |
0.37% | EDWARDS LIFESCIENCES CORP | US28176E1082 | EW | 21,005 | USD | 1,976,561 | Health Care | Stock |
0.37% | TRANE TECHNOLOGIES PLC | IE00BK9ZQ967 | TT | 7,146 | USD | 1,969,456 | Industrials | Stock |
0.37% | AMERIPRISE FINANCIAL INC | US03076C1062 | AMP | 4,379 | USD | 1,960,863 | Financials | Stock |
0.36% | IDEXX LABORATORIES INC | US45168D1046 | IDXX | 3,276 | USD | 1,945,688 | Health Care | Stock |
0.36% | PUBLIC STORAGE | US74460D1090 | PSA | 5,351 | USD | 1,915,262 | Real Estate | Stock |
0.35% | AUTODESK INC | US0527691069 | ADSK | 6,685 | USD | 1,878,722 | Information Technology | Stock |
0.33% | AFLAC INC | US0010551028 | AFL | 17,106 | USD | 1,783,227 | Financials | Stock |
0.33% | WW GRAINGER INC | US3848021040 | GWW | 1,895 | USD | 1,780,716 | Industrials | Stock |
0.33% | MONSTER BEVERAGE CORP | US61174X1090 | MNST | 24,410 | USD | 1,755,551 | Consumer Staples | Stock |
0.31% | COPART INC | US2172041061 | CPRT | 28,132 | USD | 1,646,481 | Industrials | Stock |
0.30% | FERGUSON PLC | JE00BJVNSS43 | FERG | 7,195 | USD | 1,607,301 | Industrials | Stock |
0.30% | NUCOR CORP | US6703461052 | NUE | 7,471 | USD | 1,586,559 | Materials | Stock |
0.29% | FASTENAL CO | US3119001044 | FAST | 20,980 | USD | 1,557,026 | Industrials | Stock |
0.29% | VERISK ANALYTICS INC | US92345Y1064 | VRSK | 4,815 | USD | 1,545,003 | Industrials | Stock |
0.28% | DR HORTON INC | US23331A1097 | DHI | 10,326 | USD | 1,507,298 | Consumer Discretionary | Stock |
0.27% | COGNIZANT TECHNOLOGY SOLUTIONS CORP | US1924461023 | CTSH | 15,887 | USD | 1,461,729 | Information Technology | Stock |
0.26% | AGILENT TECHNOLOGIES INC | US00846U1016 | A | 9,200 | USD | 1,397,292 | Health Care | Stock |
0.26% | HERSHEY CO/THE | US4278661081 | HSY | 5,081 | USD | 1,380,806 | Consumer Staples | Stock |
0.25% | ESTEE LAUDER COS INC/THE | US5184391044 | EL | 6,764 | USD | 1,328,010 | Consumer Staples | Stock |
0.24% | CUMMINS INC | US2310211063 | CMI | 4,060 | USD | 1,259,842 | Industrials | Stock |
0.23% | VEEVA SYSTEMS INC | US9224751084 | VEEV | 4,482 | USD | 1,238,538 | Health Care | Stock |
0.22% | WEST PHARMACEUTICAL SERVICES INC | US9553061055 | WST | 2,365 | USD | 1,205,273 | Health Care | Stock |
0.22% | CDW CORP/DE | US12514G1085 | CDW | 4,359 | USD | 1,194,543 | Information Technology | Stock |
0.20% | NVR INC | US62944T1051 | NVR | 133 | USD | 1,077,254 | Consumer Discretionary | Stock |
0.19% | KEYSIGHT TECHNOLOGIES INC | US49338L1035 | KEYS | 5,813 | USD | 1,044,655 | Information Technology | Stock |
0.19% | ULTA BEAUTY INC | US90384S3031 | ULTA | 1,887 | USD | 1,023,797 | Consumer Discretionary | Stock |
0.19% | TRACTOR SUPPLY CO | US8923561067 | TSCO | 3,624 | USD | 999,473 | Consumer Discretionary | Stock |
0.19% | MONOLITHIC POWER SYSTEMS INC | US6098391054 | MPWR | 1,584 | USD | 993,978 | Information Technology | Stock |
0.18% | T ROWE PRICE GROUP INC | US74144T1088 | TROW | 6,905 | USD | 983,546 | Financials | Stock |
0.18% | CF INDUSTRIES HOLDINGS INC | US1252691001 | CF | 8,221 | USD | 957,388 | Materials | Stock |
0.17% | RESMED INC | US7611521078 | RMD | 4,610 | USD | 925,893 | Health Care | Stock |
0.17% | EXPEDITORS INTERNATIONAL OF WASHINGTON INC | US3021301094 | EXPD | 5,875 | USD | 914,715 | Industrials | Stock |
0.16% | MOLINA HEALTHCARE INC | US60855R1005 | MOH | 1,938 | USD | 863,101 | Health Care | Stock |
0.16% | BUILDERS FIRSTSOURCE INC | US12008R1077 | BLDR | 4,942 | USD | 835,636 | Industrials | Stock |
0.15% | LPL FINANCIAL HOLDINGS INC | US50212V1008 | LPLA | 2,521 | USD | 813,749 | Financials | Stock |
0.14% | PULTEGROUP INC | US7458671010 | PHM | 7,646 | USD | 769,023 | Consumer Discretionary | Stock |
0.14% | WATERS CORP | US9418481035 | WAT | 2,032 | USD | 756,810 | Health Care | Stock |
0.14% | POOL CORP | US73278L1052 | POOL | 1,564 | USD | 756,464 | Consumer Discretionary | Stock |
0.14% | TERADYNE INC | US8807701029 | TER | 5,529 | USD | 754,431 | Information Technology | Stock |
0.14% | PRINCIPAL FINANCIAL GROUP INC | US74251V1026 | PFG | 7,663 | USD | 750,124 | Financials | Stock |
0.14% | STEEL DYNAMICS INC | US8581191009 | STLD | 5,145 | USD | 749,274 | Materials | Stock |
0.14% | BROWN-FORMAN CORP | US1156372096 | BF/B | 9,277 | USD | 726,922 | Consumer Staples | Stock |
0.14% | NETAPP INC | US64110D1046 | NTAP | 7,052 | USD | 726,807 | Information Technology | Stock |
0.13% | BEST BUY CO INC | US0865161014 | BBY | 7,324 | USD | 691,075 | Consumer Discretionary | Stock |
0.13% | TEXAS PACIFIC LAND CORP | US88262P1021 | TPL | 277 | USD | 686,088 | Energy | Stock |
0.13% | JB HUNT TRANSPORT SERVICES INC | US4456581077 | JBHT | 2,674 | USD | 684,697 | Industrials | Stock |
0.12% | GARMIN LTD | CH0114405324 | GRMN | 4,510 | USD | 644,424 | Consumer Discretionary | Stock |
0.12% | IDEX CORP | US45167R1041 | IEX | 2,271 | USD | 641,656 | Industrials | Stock |
0.12% | PAYCOM SOFTWARE INC | US70432V1026 | PAYC | 1,807 | USD | 636,341 | Industrials | Stock |
0.12% | SKYWORKS SOLUTIONS INC | US83088M1027 | SWKS | 4,739 | USD | 634,599 | Information Technology | Stock |
0.11% | AVERY DENNISON CORP | US0536111091 | AVY | 2,465 | USD | 611,595 | Materials | Stock |
0.11% | EPAM SYSTEMS INC | US29414B1044 | EPAM | 1,759 | USD | 610,885 | Information Technology | Stock |
0.11% | DECKERS OUTDOOR CORP | US2435371073 | DECK | 872 | USD | 608,885 | Consumer Discretionary | Stock |
0.11% | OMNICOM GROUP INC | US6819191064 | OMC | 5,914 | USD | 598,275 | Communication Services | Stock |
0.11% | WATSCO INC | US9426222009 | WSO | 1,161 | USD | 595,637 | Industrials | Stock |
0.11% | PACKAGING CORP OF AMERICA | US6951561090 | PKG | 2,810 | USD | 586,052 | Materials | Stock |
0.11% | SNAP-ON INC | US8330341012 | SNA | 1,639 | USD | 567,807 | Industrials | Stock |
0.11% | GRACO INC | US3841091040 | GGG | 5,714 | USD | 565,625 | Industrials | Stock |
0.10% | CH ROBINSON WORLDWIDE INC | US12541W2098 | CHRW | 4,504 | USD | 526,905 | Industrials | Stock |
0.09% | ZEBRA TECHNOLOGIES CORP | US9892071054 | ZBRA | 1,549 | USD | 497,642 | Information Technology | Stock |
0.09% | JACK HENRY & ASSOCIATES INC | US4262811015 | JKHY | 2,341 | USD | 480,574 | Financials | Stock |
0.09% | NORDSON CORP | US6556631025 | NDSN | 1,571 | USD | 476,203 | Industrials | Stock |
0.09% | NORTONLIFELOCK INC | US6687711084 | GEN | 19,761 | USD | 474,538 | Information Technology | Stock |
0.08% | ROLLINS INC | US7757111049 | ROL | 8,496 | USD | 430,777 | Industrials | Stock |
0.08% | ROBERT HALF INC | US7703231032 | RHI | 4,113 | USD | 409,377 | Industrials | Stock |
0.08% | ALLEGION PLC | IE00BFRT3W74 | ALLE | 2,889 | USD | 408,879 | Industrials | Stock |
0.07% | TORO CO/THE | US8910921084 | TTC | 3,487 | USD | 393,580 | Industrials | Stock |
0.07% | HENRY SCHEIN INC | US8064071025 | HSIC | 3,761 | USD | 379,297 | Health Care | Stock |
0.06% | MARKETAXESS HOLDINGS INC | US57060D1081 | MKTX | 1,174 | USD | 340,667 | Financials | Stock |
0.06% | ERIE INDEMNITY CO | US29530P1021 | ERIE | 810 | USD | 323,223 | Financials | Stock |
0.06% | AMERICAN FINANCIAL GROUP INC/OH | US0259321042 | AFG | 2,046 | USD | 310,329 | Financials | Stock |
0.06% | SEI INVESTMENTS CO | US7841171033 | SEIC | 3,724 | USD | 304,651 | Financials | Stock |
0.05% | COGNEX CORP | US1924221039 | CGNX | 5,100 | USD | 293,985 | Information Technology | Stock |
0.05% | PAYLOCITY HOLDING CORP | US70438V1061 | PCTY | 1,172 | USD | 289,243 | Industrials | Stock |
0.05% | DICK'S SPORTING GOODS INC | US2533931026 | DKS | 1,938 | USD | 285,814 | Consumer Discretionary | Stock |
0.00% | CONTRA ABIOMED INC | US003CVR0169 | 2223637D | 1,377 | USD | - | - | Stock |
-0.19% | CASH | - | - | 1 | CAD | -1,030,387 | - | Cash and Cash Equivalents |
Holdings Breakdown
Sector Allocation
has a donut chart divided into 10 ranges. Ranges are: 33.75%, Information Technology.21.63%, Health Care.11.86%, Industrials.10.42%, Communication Services.9.74%, Financials.6.88%, Consumer Staples.3.43%, Consumer Discretionary.1.26%, Energy.0.84%, Materials.0.36%, Real Estate.
Geographic Allocation
has a donut chart divided into 1 range. The range is: 100%, United States.
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.