Key stats
About BMO SPDR Financials Select Sector Index ETF
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Inception date
Jan 21, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ISIN
CA0969212004
The fund offers efficient exposure to the heavyweights in the US financials sector. It tracks an index comprising of a broad range of diversified financial service firms, insurance, banks, capital markets, consumer finance and thrift companies. Its S&P 500-only portfolio means that it's concentrated in the largest firms and avoids small-caps. To achieve its investment objective, the fund may invest directly in the index constituents securities or hold other securities with similar investment profiles through a sampling strategy. It may also use derivatives, enter securities lending and repurchase agreements, and engage in short selling to maximize its returns. The constituents are market cap-weighted with quarterly index rebalancing.
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
ETF
Bonds, Cash & Other100.00%
ETF99.99%
Cash0.01%
Stock breakdown by region
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
Frequently Asked Questions
ZXLF assets under management is 27.91 M CAD. It's risen 3.43% over the last month.
ZXLF fund flows account for 27.06 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.
No, ZXLF doesn't pay dividends to its holders.
ZXLF shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Jan 21, 2025, and its management style is Passive.
ZXLF follows the S&P Financial Select Sector. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZXLF invests in funds.
ZXLF trades at a premium (0.29%) meaning the ETF is trading at a higher price than the calculated NAV.