Key stats
About BMO ASSET MANAGEMENT INC EQUAL WEIGHT BANKS INDEX ETF
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Inception date
Oct 20, 2009
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ISIN
CA0556851016
The fund is passively managed to provide exposure to the Canadian banking industry, which encompasses both major banks and regional banks. To be eligible for inclusion, companies should be TSX-listed and must meet investability and liquidity requirements, including a minimum market capitalization of CAD 10 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.
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
Finance
Stocks100.12%
Finance100.00%
Bonds, Cash & Other−0.12%
Cash−0.12%
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
BMMPF top holdings are Canadian Imperial Bank of Commerce and Royal Bank of Canada, occupying 17.65% and 16.75% of the portfolio correspondingly.
BMMPF last dividends amounted to 0.10 USD. The month before, the issuer paid 0.11 USD in dividends, which shows a 1.37% decrease.
Yes, BMMPF pays dividends to its holders with the dividend yield of 3.27%. The last dividend (Sep 3, 2025) amounted to 0.11 USD. The dividends are paid monthly.
BMMPF shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Oct 20, 2009, and its management style is Passive.
BMMPF expense ratio is 0.28% meaning you'd have to pay 0.28% of your investment to help manage the fund.
BMMPF follows the Solactive Equal Weight Canada Banks Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BMMPF invests in stocks.
BMMPF trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.