BMO EQUAL WEIGHT INDSTRLS INDEX ETF UNITBMO EQUAL WEIGHT INDSTRLS INDEX ETF UNITBMO EQUAL WEIGHT INDSTRLS INDEX ETF UNIT

BMO EQUAL WEIGHT INDSTRLS INDEX ETF UNIT

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Key stats

Assets under management (AUM)
‪48.28 M‬CAD
Fund flows (1Y)
‪−29.45 M‬CAD
Dividend yield (indicated)
1.63%
Discount/Premium to NAV
0.2%

About BMO EQUAL WEIGHT INDSTRLS INDEX ETF UNIT

Issuer
Bank of Montreal
Brand
BMO
Expense ratio
0.62%
Home page
Inception date
Nov 14, 2012
Index tracked
Solactive Equal Weight Canada Industrials Index - CAD
Management style
Passive
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

Asset Class
Equity
Category
Sector
Focus
Industrials
Niche
Broad-based
Strategy
Equal
Weighting scheme
Equal
Selection criteria
Market cap

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 29, 2024
Exposure type
Stocks
Transportation
Producer Manufacturing
Industrial Services
Distribution Services
Commercial Services
Stocks100.03%
Transportation26.21%
Producer Manufacturing23.24%
Industrial Services20.76%
Distribution Services16.30%
Commercial Services10.28%
Electronic Technology3.21%
Bonds, Cash & Other−0.03%
Cash−0.03%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows