Key stats
About BMO Low Volatility Emerging Markets Equity ETF CAD Units Trust Units
Home page
Inception date
May 17, 2016
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05581X1033
The fund seeks long-term capital appreciation by actively investing in emerging market equities that have lower sensitivity to market movements (beta). The fund adviser selects portfolio holdings from a universe of the large-cap emerging market securities. The resulting portfolio is weighted so that higher weights are allocated to stocks with lower beta. Holdings are rebalanced and reconstituted annually, in June and December, respectively.
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
Electronic Technology
Stocks99.29%
Finance20.38%
Electronic Technology15.06%
Technology Services8.89%
Communications7.45%
Consumer Non-Durables7.03%
Health Technology6.78%
Utilities5.92%
Retail Trade5.90%
Transportation5.07%
Energy Minerals3.25%
Consumer Services2.96%
Consumer Durables2.73%
Producer Manufacturing2.17%
Health Services2.03%
Process Industries1.45%
Industrial Services0.92%
Distribution Services0.64%
Non-Energy Minerals0.51%
Miscellaneous0.14%
Bonds, Cash & Other0.71%
Government0.44%
Cash0.23%
UNIT0.05%
Stock breakdown by region
Asia80.55%
Middle East8.12%
Latin America5.49%
Africa2.28%
Europe1.94%
North America1.63%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZLE invests in stocks. The fund's major sectors are Finance, with 20.38% stocks, and Electronic Technology, with 15.06% of the basket. The assets are mostly located in the Asia region.
ZLE top holdings are Tencent Holdings Ltd and Taiwan Semiconductor Manufacturing Co., Ltd., occupying 2.88% and 2.51% of the portfolio correspondingly.
ZLE last dividends amounted to 0.68 CAD. The year before, the issuer paid 0.60 CAD in dividends, which shows a 12.02% increase.
ZLE assets under management is 71.80 M CAD. It's risen 4.03% over the last month.
ZLE fund flows account for 1.60 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, ZLE pays dividends to its holders with the dividend yield of 3.12%. The last dividend (Jan 3, 2025) amounted to 0.68 CAD. The dividends are paid annually.
ZLE shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on May 17, 2016, and its management style is Active.
ZLE expense ratio is 0.57% meaning you'd have to pay 0.57% of your investment to help manage the fund.
ZLE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZLE invests in stocks.
ZLE price has risen by 3.84% over the last month, and its yearly performance shows a 15.97% increase. See more dynamics on ZLE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.71% over the last month, showed a 9.38% increase in three-month performance and has increased by 19.52% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.71% over the last month, showed a 9.38% increase in three-month performance and has increased by 19.52% in a year.
ZLE trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.