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About BMO Gold Bullion ETF USD
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Inception date
Mar 8, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05611P1045
The fund holds physical gold bullion, in 400 troy ounce international bar sizes, which is an efficient way for investors to obtain gold exposure. The fund invests directly in physical gold stored in a Toronto vault under the custody of the Bank of Montreal (BMO). The product structure reduces the difficulties of buying, storing, and insuring physical gold for investors. NAV for the fund is determined using the LBMA PM Gold Price, so the prices reflect the current spot market values, priced in USD. Investors should take currency fluctuations into consideration.
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
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous99.94%
Cash0.06%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, ZGLD.U doesn't pay dividends to its holders.
ZGLD.U shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Mar 8, 2024, and its management style is Passive.
ZGLD.U expense ratio is 0.23% meaning you'd have to pay 0.23% of your investment to help manage the fund.
ZGLD.U follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZGLD.U invests in cash.
ZGLD.U price has risen by 1.82% over the last month, and its yearly performance shows a 38.15% increase. See more dynamics on ZGLD.U price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.96% over the last month, showed a 2.22% increase in three-month performance and has increased by 29.21% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.96% over the last month, showed a 2.22% increase in three-month performance and has increased by 29.21% in a year.
ZGLD.U trades at a premium (0.40%) meaning the ETF is trading at a higher price than the calculated NAV.