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Overview

Fund Profile

Key Facts

Fund Ticker ZVC
Net Assets (Mn)
(Feb 14, 2020)
$ 5.25
Base Currency CAD
Closing Market Price $ 20.71
12-Month Low/High (Market Price) $ 18.84 / $ 21.12
Closing NAV Price
(Feb 14, 2020)
$ 20.7123
12-Month Low/High (Price (NAV)) $ 18.7847 / $ 21.1312
Annualized Distribution Yield
(Feb 07, 2020)

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

2.72%
Swap Fee -
Counterparty Exposure  -
Maximum Annual Management Fee 0.35%
Management Expense Ratio 0.40%
Market Volume 1
Distribution Frequency Quarterly
Options Available No
Inception Date Oct 04, 2017
Fiscal Year-End December 31
Units Outstanding (000's) 253
Index MSCI Canada Enhanced Value Capped Index
Market Cap ($Bn)
(Jan 31, 2020)
1,371.92
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

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Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Fund Total Assets ($Mn)
(Feb 14, 2020)
$ 5.25
Market Price $ 20.71
12-Month Low/High (Market Price) $ 18.84 / $ 21.12
Price (NAV) $ 20.7123
12-Month Low/High (Price (NAV)) $ 18.7847 / $ 21.1312
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Feb 14, 2020)
1 Day Change 1 Day % Change
Market Price $ 20.71 - -
Price (NAV) $ 20.7123 $ 0.0175 0.08%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Jan 31, 2020

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 5.82% 1.13% - - - 2.91%
Index 6.34% 1.60% - - - 3.37%
Calendar Performance

Calendar Year Performance (%) for period ending: Jan 31, 2020

YTD 2019 2018 2017
NAV -2.70% 17.69% -11.16% 5.08%
Index -2.68% 18.32% -10.85% 5.20%
Cumulative Performance

Cumulative Performance (%) for period ending: Jan 31, 2020

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -2.70% -2.70% 2.34% 2.87% 5.82% 2.27% - - - 6.90%
Index -2.68% -2.68% 2.47% 3.14% 6.34% 3.23% - - - 8.01%

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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.

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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 - - -
Jun, 2020 Jun 26, 2020 Jun 29, 2020 Jul 06, 2020 - - -
Sep, 2020 Sep 28, 2020 Sep 29, 2020 Oct 02, 2020 - - -
Dec, 2020 Dec 29, 2020 Dec 30, 2020 Jan 05, 2021 - - -
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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 Feb 13, 2020

Stock

99.92%

Cash and Cash Equivalents

0.08%

Number of Holdings

51

Total Net Assets

$ 5,245,390.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
7.13% CANADIAN NATIONAL RAILWAY CO CA1363751027 CNR 3,000 CAD 373,590 Industrials Stock
6.66% SUNCOR ENERGY INC CA8672241079 SU 8,922 CAD 349,029 Energy Stock
6.21% MANULIFE FINANCIAL CORP CA56501R1064 MFC 12,444 CAD 325,411 Financials Stock
6.00% TORONTO-DOMINION BANK/THE CA8911605092 TD 4,191 CAD 314,199 Financials Stock
5.89% CANADIAN NATURAL RESOURCES LTD CA1363851017 CNQ 7,931 CAD 308,833 Energy Stock
5.79% BANK OF NOVA SCOTIA/THE CA0641491075 BNS 4,063 CAD 303,465 Financials Stock
5.57% ROYAL BANK OF CANADA CA7800871021 RY 2,695 CAD 291,895 Financials Stock
4.05% BANK OF MONTREAL CA0636711016 BMO 2,087 CAD 212,352 Financials Stock
3.80% CANADIAN IMPERIAL BANK OF COMMERCE CA1360691010 CM 1,799 CAD 199,005 Financials Stock
3.06% TECK RESOURCES LTD CA8787422044 TECK/B 8,645 CAD 160,451 Materials Stock
3.04% MAGNA INTERNATIONAL INC CA5592224011 MG 2,308 CAD 159,437 Consumer Discretionary Stock
2.80% CGI INC CA12532H1047 GIB/A 1,436 CAD 146,630 Information Technology Stock
2.72% OPEN TEXT CORP CA6837151068 OTEX 2,276 CAD 142,432 Information Technology Stock
2.63% BARRICK GOLD CORP CA0679011084 ABX 5,483 CAD 137,733 Materials Stock
1.92% SUN LIFE FINANCIAL INC CA8667961053 SLF 1,545 CAD 100,842 Financials Stock
1.90% FAIRFAX FINANCIAL HOLDINGS LTD CA3039011026 FFH 163 CAD 99,366 Financials Stock
1.78% CENOVUS ENERGY INC CA15135U1093 CVE 7,814 CAD 93,299 Energy Stock
1.77% HYDRO ONE LTD CA4488112083 H 3,223 CAD 92,693 Utilities Stock
1.58% TELUS CORP CA87971M1032 T 1,515 CAD 82,613 Communication Services Stock
1.51% LOBLAW COS LTD CA5394811015 L 1,120 CAD 79,341 Consumer Staples Stock
1.47% FIRST QUANTUM MINERALS LTD CA3359341052 FM 6,490 CAD 77,036 Materials Stock
1.25% ALTAGAS LTD CA0213611001 ALA 2,997 CAD 65,305 Utilities Stock
1.25% POWER CORP OF CANADA CA7392391016 POW 1,894 CAD 65,551 Financials Stock
1.25% OVINTIV INC US69047Q1022 OVV 3,038 CAD 65,530 Energy Stock
1.22% KINROSS GOLD CORP CA4969024047 K 9,412 CAD 64,096 Materials Stock
1.19% NATIONAL BANK OF CANADA CA6330671034 NA 843 CAD 62,146 Financials Stock
1.05% BAUSCH HEALTH COS INC CA0717341071 BHC 1,520 CAD 55,282 Health Care Stock
1.04% ROGERS COMMUNICATIONS INC CA7751092007 RCI/B 827 CAD 54,450 Communication Services Stock
1.03% METRO INC/CN CA59162N1096 MRU 960 CAD 53,722 Consumer Staples Stock
1.01% GEORGE WESTON LTD CA9611485090 WN 483 CAD 53,096 Consumer Staples Stock
0.97% IMPERIAL OIL LTD CA4530384086 IMO 1,599 CAD 50,800 Energy Stock
0.95% POWER FINANCIAL CORP CA73927C1005 PWF 1,363 CAD 49,531 Financials Stock
0.91% ATCO LTD/CANADA CA0467894006 ACO/X 879 CAD 47,431 Utilities Stock
0.91% WSP GLOBAL INC CA92938W2022 WSP 495 CAD 47,753 Industrials Stock
0.88% CAE INC CA1247651088 CAE 1,145 CAD 46,018 Industrials Stock
0.88% LUNDIN MINING CORP CA5503721063 LUN 6,264 CAD 46,103 Materials Stock
0.85% EMPIRE CO LTD CA2918434077 EMP/A 1,410 CAD 44,387 Consumer Staples Stock
0.70% HUSKY ENERGY INC CA4480551031 HSE 4,482 CAD 36,887 Energy Stock
0.68% BCE INC CA05534B7604 BCE 558 CAD 35,796 Communication Services Stock
0.67% IA FINANCIAL CORP INC CA45075E1043 IAG 491 CAD 35,303 Financials Stock
0.54% AIR CANADA CA0089118776 AC 601 CAD 28,277 Industrials Stock
0.53% CANADIAN TIRE CORP LTD CA1366812024 CTC/A 191 CAD 27,943 Consumer Discretionary Stock
0.51% WEST FRASER TIMBER CO LTD CA9528451052 WFT 414 CAD 26,703 Materials Stock
0.47% STARS GROUP INC/THE CA85570W1005 TSGI 779 CAD 24,461 Consumer Discretionary Stock
0.43% FIRST CAPITAL REAL ESTATE INVESTMENT TRUST CA31890B1031 FCR-U 1,047 CAD 22,730 Real Estate Stock
0.40% BLACKBERRY LTD CA09228F1036 BB 2,609 CAD 20,768 Information Technology Stock
0.39% CAMECO CORP CA13321L1085 CCO 1,657 CAD 20,481 Energy Stock
0.28% H&R REAL ESTATE INVESTMENT TRUST CA4039254079 HR-U 683 CAD 14,644 Real Estate Stock
0.27% METHANEX CORP CA59151K1084 MX 311 CAD 13,979 Materials Stock
0.15% SMARTCENTRES REAL ESTATE INVESTMENT TRUST CA83179X1087 SRU-U 254 CAD 8,034 Real Estate Stock
0.08% CASH - - 1 CAD 4,090 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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