Overview

Fund Profile

Key Facts

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

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Price & Performance

Performance Chart

Growth of 10,000

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

Daily Prices

Daily prices table has 3 columns. Table columns are Unit Price as of Sep 29, 2023, 1 Day Change, 1 Day % Change
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

Annualized Performance (%) for period ending: Aug 31, 2023

Table for annualized performance. For period ending
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%
Calendar Performance

Calendar Year Performance (%) for period ending: Aug 31, 2023

Table for calendar performance. For period ending
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%
Cumulative Performance

Cumulative Performance (%) for period ending: Aug 31, 2023

Table for cumulative performance. For period ending
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%

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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.

Download Distribution History (Excel)
Table for distribution history. For period ending
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 - - -
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ETF distribution tax table. Showing for year
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
- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Sep 29, 2023

Stock

100.19%

Cash and Cash Equivalents

-0.19%

Number of Holdings

127

Total Net Assets

$ 496,122,586.00


Download Holdings (Excel)
No column selected.
Daily holdings table has 5 columns. Table columns are Weight (%), Name, ISIN, Bloomberg Ticker, Base Market Value
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.

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