Key stats
About BMO EQUAL WEIGHT INDSTRLS INDEX ETF UNIT
Expense ratio
0.62%
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Inception date
Nov 14, 2012
The fund is passively managed to provide broad exposure to the Canadian industrials sector, which includes businesses involved in producer manufacturing, process industries, commercial services, and transportation. To be eligible for inclusion, companies should be TSX-listed and must meet investability and liquidity requirements, including a minimum market capitalization of CAD 1 billion. 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
What's in the fund
Exposure type
Transportation
Producer Manufacturing
Industrial Services
Distribution Services
Commercial Services
Stock breakdown by region