BMO ARK NEXT GENERATION INTERNET FD ETF SER UNITBMO ARK NEXT GENERATION INTERNET FD ETF SER UNITBMO ARK NEXT GENERATION INTERNET FD ETF SER UNIT

BMO ARK NEXT GENERATION INTERNET FD ETF SER UNIT

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Key stats

Assets under management (AUM)
‪4.81 M‬CAD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
−0.2%

About BMO ARK NEXT GENERATION INTERNET FD ETF SER UNIT

Issuer
Bank of Montreal
Brand
BMO
Expense ratio
0.90%
Home page
Inception date
Nov 14, 2022
Index tracked
No Underlying Index
Management style
Active
The fund actively managed fund uses a very broad mandate that is not limited by geography or by industry. Instead, the funds managers are tasked with identifying companies they see as the next generation of Internet evolution. Broadly speaking, the fund managers appear focused on big buzzwords such as Internet of Things, cloud computing, digital currencies, and wearable technology. While the funds focus may be appealing for investors with conviction in these new technologies, portfolio implementation is a more difficult task: Most of the companies developing these advancements are huge corporations for which nascent technologies are only a small fraction of total revenues. As such, its very difficult to get pure-play access to the funds targeted technologiesso be sure to confirm that the funds holdingsnot just its thesisalign with your view of the space. The fund may have exposure to cryptocurrency indirectly through a grantor trust or other pooled investment vehicles, such as Canadian ETFs.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Internet
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

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

What's in the fund

As of September 29, 2023
Exposure type
StocksBonds, Cash & Other
Technology Services
Consumer Durables
Finance
Stocks90.98%
Technology Services50.03%
Consumer Durables14.32%
Finance12.87%
Electronic Technology4.46%
Consumer Services4.20%
Health Services2.60%
Health Technology1.29%
Retail Trade1.21%
Bonds, Cash & Other9.02%
ETF7.30%
Cash1.72%
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