BMO ASSET MANAGEMENT INC EQUAL WEIGHT BANKS INDEX ETFBMO ASSET MANAGEMENT INC EQUAL WEIGHT BANKS INDEX ETFBMO ASSET MANAGEMENT INC EQUAL WEIGHT BANKS INDEX ETF

BMO ASSET MANAGEMENT INC EQUAL WEIGHT BANKS INDEX ETF

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Key stats


Assets under management (AUM)
‪3.30 B‬USD
Fund flows (1Y)
Dividend yield (indicated)
3.43%
Discount/Premium to NAV
0.07%
Shares outstanding
‪66.99 M‬
Expense ratio
0.28%

About BMO ASSET MANAGEMENT INC EQUAL WEIGHT BANKS INDEX ETF


Brand
BMO
Home page
Inception date
Oct 20, 2009
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Solactive Equal Weight Canada Banks Index - CAD
Management style
Passive
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


Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Banks
Strategy
Equal
Geography
Canada
Weighting scheme
Equal
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of July 31, 2025
Exposure type
StocksBonds, Cash & Other
Finance
Stocks99.50%
Finance99.50%
Bonds, Cash & Other0.50%
Cash0.50%
Stock breakdown by region
100%
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 National Bank of Canada, occupying 17.56% and 17.54% of the portfolio correspondingly.
BMMPF last dividends amounted to 0.11 USD. The month before, the issuer paid 0.10 USD in dividends, which shows a 0.55% increase.
Yes, BMMPF pays dividends to its holders with the dividend yield of 3.43%. 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.