Key stats
About BMO Long Short Canadian Equity ETF CAD Units Trust Units
Home page
Inception date
Sep 27, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
ISIN
CA09662D1015
The fund offers an alternative approach to the Canadian equity market by taking long and short positions in Canadian equities across various sectors. The long portfolio is determined using a model that screens for attractive fundamental characteristics such as value, quality, growth, and technical and market sentiment. Meanwhile, the short portfolio comprises stocks in the same industry that are rated lower within the funds fundamental screening model. Portfolio risk will be managed both quantitatively and qualitatively. The fund may use leverage to enhance returns, whereby the net equity exposure will generally exceed 100%. The fund may invest in derivatives, including forwards, futures, swaps, and options. The fund will also invest excess cash in Treasurys, short-term debt, and provincial or corporate bonds.
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
Non-Energy Minerals
ETF
Stocks96.60%
Finance17.96%
Non-Energy Minerals14.43%
Retail Trade7.22%
Energy Minerals6.39%
Utilities4.75%
Industrial Services3.64%
Distribution Services3.14%
Technology Services3.06%
Commercial Services2.43%
Electronic Technology2.31%
Transportation1.30%
Communications1.03%
Producer Manufacturing0.73%
Process Industries0.60%
Consumer Non-Durables0.21%
Bonds, Cash & Other3.40%
ETF41.11%
UNIT1.75%
Cash0.19%
Miscellaneous−39.65%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZLSC top holdings are BMO Money Market Fund Trust Units Series -ETF- and Royal Bank of Canada, occupying 41.11% and 6.38% of the portfolio correspondingly.
ZLSC last dividends amounted to 0.14 CAD. The quarter before, the issuer paid 0.16 CAD in dividends, which shows a 18.52% decrease.
ZLSC assets under management is 74.75 M CAD. It's risen 2.22% over the last month.
ZLSC fund flows account for 58.10 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, ZLSC pays dividends to its holders with the dividend yield of 1.86%. The last dividend (Jul 3, 2025) amounted to 0.16 CAD. The dividends are paid quarterly.
ZLSC shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Sep 27, 2023, and its management style is Active.
ZLSC expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
ZLSC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZLSC invests in stocks.
ZLSC price has risen by 2.74% over the last month, and its yearly performance shows a 19.61% increase. See more dynamics on ZLSC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.26% over the last month, showed a 5.51% increase in three-month performance and has increased by 21.80% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.26% over the last month, showed a 5.51% increase in three-month performance and has increased by 21.80% in a year.
ZLSC trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.