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About BMO MSCI Europe High Quality Hedged to CAD Index ETF
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Inception date
Feb 10, 2014
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05579B1058
The fund is passively managed to look for high quality stocks in the large- and mid-cap segment of the developed Europe equity market. Eligible securities are scored for quality, which is determined based on three fundamental factors: high return on equity (ROE), stable year-over-year earnings growth, and low financial leverage. Portfolio holdings are weighted by quality score, scaled by market capitalization. Single issuer weights are capped at 5%. The index is rebalanced semi-annually in November and May.
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
Health Technology
Consumer Non-Durables
Producer Manufacturing
Finance
Stocks102.47%
Health Technology23.99%
Consumer Non-Durables23.04%
Producer Manufacturing12.90%
Finance10.23%
Electronic Technology9.74%
Commercial Services5.67%
Consumer Durables4.00%
Process Industries2.74%
Technology Services2.47%
Non-Energy Minerals1.60%
Consumer Services1.41%
Retail Trade1.37%
Utilities0.25%
Transportation0.23%
Distribution Services0.19%
Communications0.15%
Bonds, Cash & Other−2.47%
Cash−2.47%
Stock breakdown by region
Europe100.00%
North America0.00%
Latin America0.00%
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
ZEQ invests in stocks. The fund's major sectors are Health Technology, with 24.58% stocks, and Consumer Non-Durables, with 23.61% of the basket. The assets are mostly located in the Europe region.
ZEQ top holdings are AstraZeneca PLC and Novartis AG, occupying 5.60% and 5.53% of the portfolio correspondingly.
ZEQ last dividends amounted to 0.42 CAD. The quarter before, the issuer paid 0.13 CAD in dividends, which shows a 69.05% increase.
ZEQ assets under management is 344.57 M CAD. It's fallen 63.03% over the last month.
ZEQ fund flows account for −686.62 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.
Yes, ZEQ pays dividends to its holders with the dividend yield of 1.84%. The last dividend (Aug 15, 2025) amounted to 0.42 CAD. The dividends are paid quarterly.
ZEQ shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Feb 10, 2014, and its management style is Passive.
ZEQ expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
ZEQ follows the MSCI Europe Quality 100% Hedged to CAD Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZEQ invests in stocks.
ZEQ price has risen by 0.61% over the last month, and its yearly performance shows a −4.56% decrease. See more dynamics on ZEQ price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.00% increase in three-month performance and has decreased by −0.80% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.00% increase in three-month performance and has decreased by −0.80% in a year.
ZEQ trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.