Key stats
About BMO MSCI EAFE Selection Equity Index ETF CAD Units Trust Units
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Inception date
Jan 16, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05600J1012
The fund is an ESG-focused fund of large- and mid-cap stocks from developed economies outside North America. The funds index scores each security for ESG risk and opportunity management. Holdings must meet a minimum score threshold, and the index also screens out companies involved in severe ESG controversies or specific controversial industries. After this initial screening, the index uses the following process to select securities until it covers 50% of the market cap in each sector: 1) eligible securities in the top 35% of market cap, 2) highly-rated securities in the top 50%, 3) current holdings in the top 65%, 4) other eligible securities. At each step, higher rated firms are selected first. Holdings are market-cap-weighted within their respective sector. The index undergoes reconstitution in May and rebalancing in August, November and February.
Related funds
Classification
What's in the fund
Exposure type
Finance
Health Technology
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ESGE trades at 38.89 CAD today, its price has fallen −0.92% in the past 24 hours. Track more dynamics on ESGE price chart.
ESGE net asset value is 38.92 today — it's risen 0.30% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ESGE assets under management is 106.50 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ESGE price has fallen by −0.03% over the last month, and its yearly performance shows a 7.79% increase. See more dynamics on ESGE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.30% over the last month, showed a 7.29% increase in three-month performance and has increased by 12.45% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.30% over the last month, showed a 7.29% increase in three-month performance and has increased by 12.45% in a year.
ESGE fund flows account for 3.80 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ESGE invests in stocks. See more details in our Analysis section.
ESGE expense ratio is 0.33%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ESGE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ESGE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ESGE shows the strong buy signal. See more of ESGE technicals for a more comprehensive analysis.
Today, ESGE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ESGE shows the strong buy signal. See more of ESGE technicals for a more comprehensive analysis.
Yes, ESGE pays dividends to its holders with the dividend yield of 2.26%.
ESGE trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ESGE shares are issued by Bank of Montreal
ESGE follows the MSCI EAFE Selection Index - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 16, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.