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About BMO US Equity Buffer Hedged to CAD ETF - October
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Inception date
Oct 2, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05610N1006
This fund seeks to match the upside return of a US, large cap index, up to a cap, while providing a buffer for the first 15% of losses. Currently, the ETF primarily invests in BMO S&P 500 Index ETF and uses derivative instruments to hedge back to the Canadian dollar. Investors who buy ZOCT shares at any other time than the annual reset day may have a very different protection level and buffer zone. The fund must be held to the end of the period to pursue the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund resets over a period of approximately one year from the start of October of each year.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.39%
Miscellaneous0.81%
Cash−0.19%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZOCT assets under management is 41.29 M CAD. It's risen 2.45% over the last month.
ZOCT fund flows account for 4.47 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ZOCT doesn't pay dividends to its holders.
ZOCT shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Oct 2, 2023, and its management style is Active.
ZOCT expense ratio is 0.73% meaning you'd have to pay 0.73% of your investment to help manage the fund.
ZOCT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZOCT invests in funds.
ZOCT price has fallen by −0.37% over the last month, and its yearly performance shows a 6.01% increase. See more dynamics on ZOCT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.06% over the last month, have fallen by −0.06% over the last month, showed a 1.49% increase in three-month performance and has increased by 8.05% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.06% over the last month, have fallen by −0.06% over the last month, showed a 1.49% increase in three-month performance and has increased by 8.05% in a year.
ZOCT trades at a premium (0.34%) meaning the ETF is trading at a higher price than the calculated NAV.