Fund Profile
Key Facts
| Fund Ticker | ZUT |
|---|---|
|
Net Assets (Mn) (Aug 15, 2022) |
$ 566.10 |
| Base Currency | CAD |
| Closing Market Price | $ 27.43 |
| 12-Month Low/High (Market Price) | $ 23.95 / $ 27.43 |
|
Closing NAV Price (Aug 15, 2022) |
$ 27.4285 |
| 12-Month Low/High (Price (NAV)) | $ 23.9595 / $ 27.4285 |
|
Annualized Distribution Yield (Aug 05, 2022) Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV. Footnote |
3.32% |
| Swap Fee | - |
| Counterparty Exposure | - |
| Maximum Annual Management Fee | 0.55% |
| Management Expense Ratio | 0.61% |
| Market Volume | 86,273 |
| Distribution Frequency | Monthly |
| Options Available | Yes |
| Inception Date | Jan 19, 2010 |
| Fiscal Year-End | December 31 |
| Units Outstanding (000's) | 20,639 |
| Index | Solactive Equal Weight Canada Utilities Index |
|
Market Cap ($Bn) (Jul 29, 2022) |
188.24 |
| 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
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) (Aug 15, 2022) |
$ 566.10 |
|---|---|
| Market Price | $ 27.43 |
| 12-Month Low/High (Market Price) | $ 23.95 / $ 27.43 |
| Price (NAV) | $ 27.4285 |
| 12-Month Low/High (Price (NAV)) | $ 23.9595 / $ 27.4285 |
| Distribution Frequency | Monthly |
Daily Prices
| Unit Price as of (Aug 15, 2022) |
1 Day Change | 1 Day % Change | |
|---|---|---|---|
| Market Price | $ 27.43 | $ 0.16 | 0.59% |
| Price (NAV) | $ 27.4285 | $ 0.1386 | 0.51% |
Performance
Annualized Performance (%) for period ending: Jul 29, 2022
| 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|
| NAV | 7.77% | 15.23% | 17.73% | 13.13% | 9.88% | 9.54% |
| Index | 8.43% | 15.93% | 17.98% | 13.57% | 10.45% | 10.13% |
| Jul 29, 2022 |
Calendar Year Performance (%) for period ending: Jul 29, 2022
| YTD | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| NAV | 8.75% | 5.54% | 28.32% | 35.80% | -7.97% | 8.47% | 20.53% | -1.36% | 12.42% | -4.41% |
| Index | 9.14% | 6.18% | 27.54% | 36.83% | -7.44% | 9.12% | 21.39% | -0.76% | 13.10% | -3.71% |
| Jul 29, 2022 |
Cumulative Performance (%) for period ending: Jul 29, 2022
| YTD | 1 mo | 3 Mo | 6 Mo | 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|---|---|---|---|
| NAV | 8.75% | 5.71% | 5.26% | 11.24% | 7.77% | 32.78% | 63.17% | 85.30% | 156.66% | 213.13% |
| Index | 9.14% | 5.76% | 5.42% | 11.59% | 8.43% | 34.40% | 64.20% | 88.89% | 170.27% | 235.12% |
| Jul 29, 2022 |
The ETF started tracking the Solactive Equal Weight Canada Utilities Index on May 27, 2016. Previously it was tracking the Dow Jones Canada Select Equal Weight Utilities Index.
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 |
|---|---|---|---|---|---|---|
| Jan, 2022 | Jan 27, 2022 | Jan 28, 2022 | Feb 02, 2022 | 0.075000 | 0.000000 | 0.075000 |
| Feb, 2022 | Feb 24, 2022 | Feb 25, 2022 | Mar 02, 2022 | 0.075000 | 0.000000 | 0.075000 |
| Mar, 2022 | Mar 29, 2022 | Mar 30, 2022 | Apr 04, 2022 | 0.075000 | 0.000000 | 0.075000 |
| Apr, 2022 | Apr 27, 2022 | Apr 28, 2022 | May 03, 2022 | 0.075000 | 0.000000 | 0.075000 |
| May, 2022 | May 27, 2022 | May 30, 2022 | Jun 03, 2022 | 0.075000 | 0.000000 | 0.075000 |
| Jun, 2022 | Jun 28, 2022 | Jun 29, 2022 | Jul 05, 2022 | 0.075000 | 0.000000 | 0.075000 |
| Jul, 2022 | Jul 27, 2022 | Jul 28, 2022 | Aug 03, 2022 | 0.075000 | 0.000000 | 0.075000 |
| Aug, 2022 | Aug 29, 2022 | Aug 30, 2022 | Sep 02, 2022 | - | - | - |
| Sep, 2022 | Sep 28, 2022 | Sep 29, 2022 | Oct 05, 2022 | - | - | - |
| Oct, 2022 | Oct 27, 2022 | Oct 28, 2022 | Nov 02, 2022 | - | - | - |
| Nov, 2022 | Nov 28, 2022 | Nov 29, 2022 | Dec 02, 2022 | - | - | - |
| Dec, 2022 | Dec 28, 2022 | Dec 29, 2022 | Jan 03, 2023 | - | - | - |
| Year to Date | 0.525000 | 0.000000 | 0.525000 |
| 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 Aug 15, 2022
100.10%
-0.10%
16
$ 566,104,834.00
Download Holdings (Excel)
| Weight (%) | Name | ISIN | Bloomberg Ticker | Number of Shares | Currency | Base Market Value | Sector | Asset Class |
|---|---|---|---|---|---|---|---|---|
| 7.87% | CAPITAL POWER CORP | CA14042M1023 | CPX | 883,870 | CAD | 44,547,048 | - | Stock |
| 7.76% | BORALEX INC | CA09950M3003 | BLX | 896,993 | CAD | 43,943,687 | - | Stock |
| 7.07% | ATCO LTD/CANADA | CA0467894006 | ACO/X | 840,748 | CAD | 40,044,827 | - | Stock |
| 7.00% | NORTHLAND POWER INC | CA6665111002 | NPI | 865,639 | CAD | 39,602,984 | - | Stock |
| 6.98% | CANADIAN UTILITIES LTD | CA1367178326 | CU | 971,779 | CAD | 39,522,252 | - | Stock |
| 6.86% | HYDRO ONE LTD | CA4488112083 | H | 1,087,650 | CAD | 38,829,105 | - | Stock |
| 6.49% | BROOKFIELD INFRASTRUCTURE PARTNERS LP | BMG162521014 | BIP-U | 691,243 | CAD | 36,760,303 | - | Stock |
| 6.49% | TRANSALTA CORP | CA89346D1078 | TA | 2,848,603 | CAD | 36,718,493 | - | Stock |
| 6.36% | EMERA INC | CA2908761018 | EMA | 583,992 | CAD | 35,991,427 | - | Stock |
| 6.34% | FORTIS INC/CANADA | CA3495531079 | FTS | 591,454 | CAD | 35,907,172 | - | Stock |
| 6.30% | ALTAGAS LTD | CA0213611001 | ALA | 1,236,210 | CAD | 35,652,296 | - | Stock |
| 6.19% | INNERGEX RENEWABLE ENERGY INC | CA45790B1040 | INE | 1,803,046 | CAD | 35,051,214 | - | Stock |
| 6.15% | ALGONQUIN POWER & UTILITIES CORP | CA0158571053 | AQN | 1,854,614 | CAD | 34,811,105 | - | Stock |
| 6.14% | TRANSALTA RENEWABLES INC | CA8934631091 | RNW | 1,928,456 | CAD | 34,750,777 | - | Stock |
| 6.10% | BROOKFIELD RENEWABLE PARTNERS LP | BMG162581083 | BEP-U | 682,952 | CAD | 34,516,394 | - | Stock |
| -0.10% | CASH | - | - | 1 | CAD | -544,232 | - | Cash and Cash Equivalents |
Holdings Breakdown
Sector Allocation
has a donut chart divided into 5 ranges. Ranges are: 29.56%, Renewable Electricity.28.06%, Multi-Utilities.21.63%, Electric Utilities.13.71%, Independent Power Producers & Energy Traders.7.04%, Gas Utilities.
Geographic Allocation
has a donut chart divided into 1 range. The range is: 100%, Canada.
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.