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About BMO Global Health Care Fund Trust Units Series -Active ETF-
Home page
Inception date
Jun 26, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
BMO Investments, Inc.
ISIN
CA09662C1032
The fund-of-funds provides broad exposure to the global health care industry. The fund may invest in health care stocks directly or indirectly through underlying funds managed by BMO or its affiliates. Portfolio allocation is based on a fundamental analysis that identifies undervalued securities with superior earnings growth. In addition, each companys operations, quality of management, and research and development practices are reviewed to assess growth potential. The fund may invest up to 30% of its net assets in securities of underlying funds and up to 100% in foreign securities. Derivatives such as options, futures, forward contracts, and swaps may be used for hedging and non-hedging purposes. The fund may also engage in short selling to manage volatility or enhance performance in declining or volatile markets.
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
Health Services
Stocks98.20%
Health Technology75.70%
Health Services13.46%
Distribution Services5.40%
Finance2.10%
Retail Trade1.54%
Bonds, Cash & Other1.80%
Cash1.31%
ETF0.49%
Stock breakdown by region
North America75.90%
Europe23.60%
Oceania0.49%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BGHC invests in stocks. The fund's major sectors are Health Technology, with 75.70% stocks, and Health Services, with 13.46% of the basket. The assets are mostly located in the North America region.
BGHC top holdings are UnitedHealth Group Incorporated and Eli Lilly and Company, occupying 10.99% and 9.97% of the portfolio correspondingly.
BGHC assets under management is 123.40 M CAD. It's risen 8.01% over the last month.
BGHC fund flows account for 8.37 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, BGHC doesn't pay dividends to its holders.
BGHC shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Jun 26, 2023, and its management style is Active.
BGHC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BGHC invests in stocks.
BGHC price has risen by 5.86% over the last month, and its yearly performance shows a −10.66% decrease. See more dynamics on BGHC price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.93% increase in three-month performance and has decreased by −11.84% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.93% increase in three-month performance and has decreased by −11.84% in a year.
BGHC trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.