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Overview

Fund Profile

Key Facts

Fund Ticker ZUT
Net Assets (Mn)
(Sep 18, 2019)
$ 272.49
Base Currency CAD
Closing Market Price $ 19.01
12-Month Low/High (Market Price) $ 15.00 / $ 19.01
Closing NAV Price
(Sep 18, 2019)
$ 19.0046
12-Month Low/High (Price (NAV)) $ 14.9615 / $ 19.0046
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.

4.45%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.55%
Management Expense Ratio 0.61%
Market Volume 52,841
Distribution Frequency Monthly
Options Available Yes
Inception Date Jan 19, 2010
Fiscal Year-End December 31
Units Outstanding (000's) 14,338
Index Solactive Equal Weight Canada Utilities Index
Market Cap ($Bn)
(Aug 30, 2019)
139.81
Exchange TSX
CUSIP 05590D106
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO Equal Weight Utilities Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Utilities Index net of expenses. 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 Utilities Index consists of the securities that are classified as utilities. In addition, each security in this Index is allocated a fixed weight rather than a market capitalization weight. Solactive Equal Weight Canada Utilities Index is rebalanced semi-annually in March and September. 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 utility stocks
  • 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

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Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Fund Total Assets ($Mn)
(Sep 18, 2019)
$ 272.49
Market Price $ 19.01
12-Month Low/High (Market Price) $ 15.00 / $ 19.01
Price (NAV) $ 19.0046
12-Month Low/High (Price (NAV)) $ 14.9615 / $ 19.0046
Distribution Frequency Monthly

Daily Prices

Unit Price as of
(Sep 18, 2019)
1 Day Change 1 Day % Change
Market Price $ 19.01 $ 0.09 0.48%
Price (NAV) $ 19.0046 $ 0.0806 0.43%

Performance

Annualized Performance

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

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 22.39% 6.28% 8.55% 7.82% - 7.17%
Index 23.28% 6.97% 9.26% 8.52% - 7.87%
Calendar Performance

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

YTD 2018 2017 2016 2015 2014 2013 2012 2011 2010
NAV 24.32% -7.97% 8.47% 20.53% -1.36% 12.42% -4.41% 4.43% 2.36% 14.84%
Index 24.98% -7.44% 9.12% 21.39% -0.76% 13.10% -3.71% 5.04% 2.87% 15.73%
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 24.32% 1.42% 3.99% 10.32% 22.39% 12.96% 27.91% 45.73% - 94.63%
Index 24.98% 1.48% 4.19% 10.74% 23.28% 14.43% 30.42% 50.49% - 107.11%

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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)
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 0.067000 0.000000 0.067000
Feb, 2019 Feb 26, 2019 Feb 27, 2019 Mar 04, 2019 0.067000 0.000000 0.067000
Mar, 2019 Mar 27, 2019 Mar 28, 2019 Apr 02, 2019 0.067000 0.000000 0.067000
Apr, 2019 Apr 26, 2019 Apr 29, 2019 May 02, 2019 0.067000 0.000000 0.067000
May, 2019 May 29, 2019 May 30, 2019 Jun 04, 2019 0.067000 0.000000 0.067000
Jun, 2019 Jun 26, 2019 Jun 27, 2019 Jul 03, 2019 0.067000 0.000000 0.067000
Jul, 2019 Jul 29, 2019 Jul 30, 2019 Aug 02, 2019 0.070000 0.000000 0.070000
Aug, 2019 Aug 28, 2019 Aug 29, 2019 Sep 04, 2019 0.070000 0.000000 0.070000
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.

- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Sep 18, 2019

Stock

99.62%

Cash and Cash Equivalents

0.38%

Number of Holdings

17

Total Net Assets

$ 272,493,800.00


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Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
7.54% PATTERN ENERGY GROUP INC US70338P1003 PEGI 566,422 CAD 20,532,798 - Stock
6.97% BORALEX INC CA09950M3003 BLX 854,053 CAD 18,994,139 - Stock
6.94% BROOKFIELD RENEWABLE PARTNERS LP BMG162581083 BEP-U 381,377 CAD 18,912,485 - Stock
6.92% ALGONQUIN POWER & UTILITIES CORP CA0158571053 AQN 1,054,124 CAD 18,847,737 - Stock
6.87% EMERA INC CA2908761018 EMA 328,803 CAD 18,725,331 - Stock
6.85% HYDRO ONE LTD CA4488112083 H 770,677 CAD 18,658,090 - Stock
6.70% BROOKFIELD INFRASTRUCTURE PARTNERS LP BMG162521014 BIP-U 290,495 CAD 18,263,421 - Stock
6.64% FORTIS INC/CANADA CA3495531079 FTS 326,205 CAD 18,088,067 - Stock
6.22% CANADIAN UTILITIES LTD CA1367178326 CU 436,293 CAD 16,941,257 - Stock
6.14% INNERGEX RENEWABLE ENERGY INC CA45790B1040 INE 1,100,724 CAD 16,719,998 - Stock
6.08% ATCO LTD/CANADA CA0467894006 ACO/X 346,158 CAD 16,560,199 - Stock
6.07% TRANSALTA CORP CA89346D1078 TA 1,934,380 CAD 16,538,949 - Stock
5.99% TRANSALTA RENEWABLES INC CA8934631091 RNW 1,228,049 CAD 16,320,771 - Stock
5.72% CAPITAL POWER CORP CA14042M1023 CPX 511,983 CAD 15,600,122 - Stock
5.53% NORTHLAND POWER INC CA6665111002 NPI 618,898 CAD 15,070,166 - Stock
2.45% JUST ENERGY GROUP INC CA48213W1014 JE 3,258,707 CAD 6,680,349 - Stock
0.38% CASH - - 1 CAD 1,039,978 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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