BMO Global Consumer Discretionary Hedged to CAD Index ETFBMO Global Consumer Discretionary Hedged to CAD Index ETFBMO Global Consumer Discretionary Hedged to CAD Index ETF

BMO Global Consumer Discretionary Hedged to CAD Index ETF

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Key stats


Assets under management (AUM)
‪27.09 M‬CAD
Fund flows (1Y)
‪−1.84 M‬CAD
Dividend yield (indicated)
0.74%
Discount/Premium to NAV
0.05%
Shares outstanding
‪578.00 K‬
Expense ratio
0.30%

About BMO Global Consumer Discretionary Hedged to CAD Index ETF


Brand
BMO
Home page
Inception date
Apr 7, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Russell Developed Large Cap Consumer Discretionary Capped 100% Hedged to CAD Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05584F1099
The fund offers vanilla exposure to the consumer discretionary sector. The fund takes from an index of large- and mid-cap equities in developed markets excluding Korea, which some issuers consider as an emerging economy. The fund includes all companies in the consumer discretionary sector based on its underlying ICB industry classification system, which can vary materially from its main sector scheme rival, GICS. Stocks are market-cap weighted, subject to some position limits. Individual positions are capped at 10% for largest stock, 9% for second, etc. on through the top six names, subject to a cap of 40% total for individual positions greater than 5%. The index is rebalanced on a quarterly basis.

Broaden your horizons with more funds linked to DISC via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Broad-based
Strategy
Vanilla
Geography
Developed Markets
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Retail Trade
Consumer Durables
Consumer Services
Stock breakdown by region
1%1%71%13%0%12%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DISC trades at 46.91 CAD today, its price has fallen −0.59% in the past 24 hours. Track more dynamics on DISC price chart.
DISC net asset value is 46.89 today — it's risen 3.08% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DISC assets under management is ‪27.09 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
DISC price has risen by 3.46% over the last month, and its yearly performance shows a 20.16% increase. See more dynamics on DISC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.08% over the last month, showed a 9.81% increase in three-month performance and has increased by 23.19% in a year.
DISC fund flows account for ‪−1.84 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DISC invests in stocks. See more details in our Analysis section.
DISC expense ratio is 0.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, DISC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, DISC technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating DISC shows the buy signal. See more of DISC technicals for a more comprehensive analysis.
Yes, DISC pays dividends to its holders with the dividend yield of 0.74%.
DISC trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DISC shares are issued by Bank of Montreal
DISC follows the Russell Developed Large Cap Consumer Discretionary Capped 100% Hedged to CAD Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 7, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.