Key stats
About BMO Equal Weight Global Base Metals Hedged to CAD Index ETF
Home page
Inception date
Oct 20, 2009
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05584E2015
The fund is passively managed to provide exposure to the global base metals equity market. To be eligible for inclusion, companies must meet investability and liquidity requirements, including a minimum market capitalization of $300 million. Although the fund has a global exposure, only stocks and ADRs of companies listed on the TSX, NYSE or NASDAQ may be included in the portfolio. 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
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
Non-Energy Minerals
Stocks99.85%
Non-Energy Minerals90.23%
Process Industries5.69%
Producer Manufacturing3.92%
Bonds, Cash & Other0.15%
Cash0.15%
Stock breakdown by region
North America84.73%
Europe11.06%
Latin America4.21%
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
ZMT invests in stocks. The fund's major sectors are Non-Energy Minerals, with 90.23% stocks, and Process Industries, with 5.69% of the basket. The assets are mostly located in the North America region.
ZMT top holdings are Compass Minerals International, Inc. and NGEx Minerals Ltd., occupying 5.69% and 5.35% of the portfolio correspondingly.
ZMT last dividends amounted to 0.22 CAD. The year before, the issuer paid 0.50 CAD in dividends, which shows a 126.03% decrease.
Yes, ZMT pays dividends to its holders with the dividend yield of 0.27%. The last dividend (Jan 3, 2025) amounted to 0.22 CAD. The dividends are paid annually.
ZMT shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Oct 20, 2009, and its management style is Passive.
ZMT expense ratio is 0.63% meaning you'd have to pay 0.63% of your investment to help manage the fund.
ZMT follows the Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZMT invests in stocks.
ZMT price has risen by 4.22% over the last month, and its yearly performance shows a 30.75% increase. See more dynamics on ZMT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.58% over the last month, showed a 15.44% increase in three-month performance and has increased by 21.22% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.58% over the last month, showed a 15.44% increase in three-month performance and has increased by 21.22% in a year.
ZMT trades at a premium (1.12%) meaning the ETF is trading at a higher price than the calculated NAV.