loading...
Overview

Fund Profile

Key Facts

Fund Ticker ZVC
Net Assets (Mn)
(Dec 02, 2020)
$ 3.92
Base Currency CAD
Closing Market Price $ 18.88
12-Month Low/High (Market Price) $ 12.46 / $ 21.12
Closing NAV Price
(Dec 02, 2020)
$ 18.8953
12-Month Low/High (Price (NAV)) $ 12.1101 / $ 21.1159
Annualized Distribution Yield
(Nov 20, 2020)

Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV.

3.25%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.35%
Management Expense Ratio 0.40%
Market Volume 11
Distribution Frequency Quarterly
Options Available No
Inception Date Oct 04, 2017
Fiscal Year-End December 31
Units Outstanding (000's) 207
Index MSCI Canada Enhanced Value Capped Index
Market Cap ($Bn)
(Oct 30, 2020)
1,204.49
Exchange TSX
CUSIP 05584R103
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO MSCI Canada Value Index ETF has been designed to replicate to the extent possible, the performance of the MSCI Canada Enhanced Value Capped Index, net of expenses. The ETF invests in Canadian companies that have higher value characteristics based on; price-to-book value, price-to-forward earnings and enterprise value-to cash flow from operations. The Fund may also invest in or hold securities intended to replicate the performance of the Index.

Benchmark Info

MSCI Canada Enhanced Value Capped Index is based on the MSCI Canada Index, which includes large and mid-capitalization stocks across Canada. The index aims to capture the performance of securities that exhibit higher value characteristics relative to their peers within the corresponding GICS sector. The index identifies stocks with high value scores based on three fundamental variables: price-to-book value, price-to-forward earnings and enterprise value-to-cash flow from operations. Issuer weights are capped at 10%. The Index is rebalanced semi-annually.

Benefits

  • Designed for investors looking for growth solutions
  • Exposure to value factor Canadian equities
  • Professionally managed by BMO Global Asset Management

Risk Rating

  • Low
  • Low to Medium
  • Medium
  • Medium to High
  • High

Download

Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Fund Total Assets ($Mn)
(Dec 02, 2020)
$ 3.92
Market Price $ 18.88
12-Month Low/High (Market Price) $ 12.46 / $ 21.12
Price (NAV) $ 18.8953
12-Month Low/High (Price (NAV)) $ 12.1101 / $ 21.1159
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Dec 02, 2020)
1 Day Change 1 Day % Change
Market Price $ 18.88 - -
Price (NAV) $ 18.8953 $ 0.0662 0.35%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Nov 30, 2020

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -6.25% 1.55% -0.39% - - 0.63%
Index -5.92% 1.99% 0.02% - - 1.04%
Calendar Performance

Calendar Year Performance (%) for period ending: Nov 30, 2020

YTD 2019 2018 2017
NAV -7.17% 17.69% -11.16% 5.08%
Index -6.89% 18.32% -10.85% 5.20%
Cumulative Performance

Cumulative Performance (%) for period ending: Nov 30, 2020

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -7.17% 14.15% 8.07% 18.28% -6.25% 3.13% -1.17% - - 1.99%
Index -6.89% 14.26% 8.24% 18.63% -5.92% 4.01% 0.06% - - 3.33%

Download

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
Mar, 2020 Mar 27, 2020 Mar 30, 2020 Apr 02, 2020 0.170000 0.000000 0.170000
Jun, 2020 Jun 26, 2020 Jun 29, 2020 Jul 06, 2020 0.160000 0.000000 0.160000
Sep, 2020 Sep 28, 2020 Sep 29, 2020 Oct 02, 2020 0.150000 0.000000 0.150000
Dec, 2020 Dec 29, 2020 Dec 30, 2020 Jan 05, 2021 - - -
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.

- - - - - - - - -

Download

Holdings & Allocations

Daily Holdings

As of Dec 02, 2020

Stock

99.66%

Cash and Cash Equivalents

0.34%

Number of Holdings

55

Total Net Assets

$ 3,916,049.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
8.18% CANADIAN NATIONAL RAILWAY CO CA1363751027 CNR 2,329 CAD 320,377 Industrials Stock
5.99% MANULIFE FINANCIAL CORP CA56501R1064 MFC 10,453 CAD 234,461 Financials Stock
5.56% TORONTO-DOMINION BANK/THE CA8911605092 TD 3,078 CAD 217,861 Financials Stock
5.17% BANK OF NOVA SCOTIA/THE CA0641491075 BNS 3,061 CAD 202,485 Financials Stock
4.99% ROYAL BANK OF CANADA CA7800871021 RY 1,838 CAD 195,545 Financials Stock
4.81% CGI INC CA12532H1047 GIB/A 1,964 CAD 188,446 Information Technology Stock
4.64% OPEN TEXT CORP CA6837151068 OTEX 3,144 CAD 181,880 Information Technology Stock
4.56% CANADIAN NATURAL RESOURCES LTD CA1363851017 CNQ 5,894 CAD 178,529 Energy Stock
4.19% BANK OF MONTREAL CA0636711016 BMO 1,687 CAD 164,196 Financials Stock
4.07% SUNCOR ENERGY INC CA8672241079 SU 7,601 CAD 159,317 Energy Stock
3.52% TECK RESOURCES LTD CA8787422044 TECK/B 6,391 CAD 137,726 Materials Stock
3.33% CANADIAN IMPERIAL BANK OF COMMERCE CA1360691010 CM 1,184 CAD 130,311 Financials Stock
3.19% BARRICK GOLD CORP CA0679011084 ABX 4,026 CAD 124,766 Materials Stock
3.00% MAGNA INTERNATIONAL INC CA5592224011 MG 1,489 CAD 117,408 Consumer Discretionary Stock
2.38% NUTRIEN LTD CA67077M1086 NTR 1,475 CAD 93,368 Materials Stock
1.78% POWER CORP OF CANADA CA7392391016 POW 2,376 CAD 69,617 Financials Stock
1.69% KINROSS GOLD CORP CA4969024047 K 6,952 CAD 66,183 Materials Stock
1.65% LOBLAW COS LTD CA5394811015 L 1,018 CAD 64,684 Consumer Staples Stock
1.61% ALTAGAS LTD CA0213611001 ALA 3,379 CAD 62,951 Utilities Stock
1.57% FIRST QUANTUM MINERALS LTD CA3359341052 FM 3,219 CAD 61,290 Materials Stock
1.50% CENOVUS ENERGY INC CA15135U1093 CVE 8,688 CAD 58,557 Energy Stock
1.48% SUN LIFE FINANCIAL INC CA8667961053 SLF 1,013 CAD 57,994 Financials Stock
1.46% HYDRO ONE LTD CA4488112083 H 1,980 CAD 57,242 Utilities Stock
1.30% GEORGE WESTON LTD CA9611485090 WN 525 CAD 50,741 Consumer Staples Stock
1.26% FAIRFAX FINANCIAL HOLDINGS LTD CA3039011026 FFH 110 CAD 49,248 Financials Stock
1.21% EMPIRE CO LTD CA2918434077 EMP/A 1,359 CAD 47,198 Consumer Staples Stock
1.21% WSP GLOBAL INC CA92938W2022 WSP 490 CAD 47,427 Industrials Stock
1.18% IMPERIAL OIL LTD CA4530384086 IMO 2,031 CAD 46,185 Energy Stock
1.09% PEMBINA PIPELINE CORP CA7063271034 PPL 1,291 CAD 42,732 Energy Stock
1.04% ROGERS COMMUNICATIONS INC CA7751092007 RCI/B 679 CAD 40,794 Communication Services Stock
0.96% LUNDIN MINING CORP CA5503721063 LUN 3,941 CAD 37,440 Materials Stock
0.95% BLACKBERRY LTD CA09228F1036 BB 3,881 CAD 37,180 Information Technology Stock
0.93% NATIONAL BANK OF CANADA CA6330671034 NA 504 CAD 36,585 Financials Stock
0.82% SHAW COMMUNICATIONS INC CA82028K2002 SJR/B 1,398 CAD 32,112 Communication Services Stock
0.80% CAE INC CA1247651088 CAE 991 CAD 31,355 Industrials Stock
0.76% ATCO LTD/CANADA CA0467894006 ACO/X 785 CAD 29,916 Utilities Stock
0.70% BAUSCH HEALTH COS INC CA0717341071 BHC 1,120 CAD 27,586 Health Care Stock
0.63% IA FINANCIAL CORP INC CA45075E1043 IAG 427 CAD 24,719 Financials Stock
0.61% CANADIAN TIRE CORP LTD CA1366812024 CTC/A 145 CAD 23,876 Consumer Discretionary Stock
0.58% RIOCAN REAL ESTATE INVESTMENT TRUST CA7669101031 REI-U 1,282 CAD 22,743 Real Estate Stock
0.52% TELUS CORP CA87971M1032 T 816 CAD 20,424 Communication Services Stock
0.40% BCE INC CA05534B7604 BCE 278 CAD 15,643 Communication Services Stock
0.38% GREAT-WEST LIFECO INC CA39138C1068 GWO 505 CAD 14,978 Financials Stock
0.36% BROOKFIELD RENEWABLE CORP CA11284V1058 BEPC 149 CAD 14,253 Utilities Stock
0.33% KEYERA CORP CA4932711001 KEY 560 CAD 12,841 Energy Stock
0.23% GFL ENVIRONMENTAL INC CA36168Q1046 GFL 255 CAD 9,147 Industrials Stock
0.22% YAMANA GOLD INC CA98462Y1007 YRI 1,186 CAD 8,468 Materials Stock
0.21% GILDAN ACTIVEWEAR INC CA3759161035 GIL 244 CAD 8,396 Consumer Discretionary Stock
0.19% SSR MINING INC CA7847301032 SSRM 291 CAD 7,336 Materials Stock
0.15% CI FINANCIAL CORP CA1254911003 CIX 349 CAD 5,849 Financials Stock
0.13% AIR CANADA CA0089118776 AC 197 CAD 5,100 Industrials Stock
0.10% CAMECO CORP CA13321L1085 CCO 303 CAD 3,991 Energy Stock
0.05% FIRST CAPITAL REAL ESTATE INVESTMENT TRUST CA31890B1031 FCR-U 128 CAD 1,952 Real Estate Stock
0.03% SMARTCENTRES REAL ESTATE INVESTMENT TRUST CA83179X1087 SRU-U 51 CAD 1,229 Real Estate Stock
0.34% CASH - - 1 CAD 13,411 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Download