BMO EQ WT US BKS HDG CAD IND ETF TR UNITBMO EQ WT US BKS HDG CAD IND ETF TR UNITBMO EQ WT US BKS HDG CAD IND ETF TR UNIT

BMO EQ WT US BKS HDG CAD IND ETF TR UNIT

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Key stats

Assets under management (AUM)
‪494.57 M‬CAD
Fund flows (1Y)
‪−62.16 M‬CAD
Dividend yield (indicated)
2.69%
Discount/Premium to NAV
0.2%

About BMO EQ WT US BKS HDG CAD IND ETF TR UNIT

Issuer
Bank of Montreal
Brand
BMO
Expense ratio
0.39%
Home page
Inception date
May 19, 2010
Index tracked
Solactive Equal Weight US Bank Index Canadian Dollar Hedged - CAD
Management style
Passive
The fund is passively managed to provide exposure to the large-cap banking segment of the US financials sector. This includes commercial banks, savings institutions, and diversified investment. To be eligible for inclusion, companies must meet investability and liquidity requirements, including a minimum market capitalization of $10 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.

Classification

Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Banks
Strategy
Equal
Weighting scheme
Equal
Selection criteria
Market cap

Returns

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

What's in the fund

As of March 28, 2024
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.88%
Cash0.12%
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