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About BMO LONG SHORT US EQUITY ETF CAD UNITS
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Inception date
Oct 2, 2023
The fund offers an alternative approach to the US equity market by taking long and short positions in US equities across various sectors. The long portfolio is determined using a model that screens for attractive fundamental characteristics such as value, quality, growth, and technical and market sentiment. Meanwhile, the short portfolio comprises stocks in the same industry that are rated lower within the funds fundamental screening model. Portfolio risk will be managed both quantitatively and qualitatively. The fund may use leverage to enhance returns, whereby the net equity exposure will generally exceed 100%. The fund may invest in derivatives, including forwards, futures, swaps, and options. The fund will also invest excess cash in Treasurys, short-term debt, and provincial or corporate bonds.
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
Technology Services
ETF
Stocks56.02%
Technology Services14.60%
Electronic Technology9.47%
Retail Trade8.82%
Health Technology6.12%
Finance5.59%
Producer Manufacturing4.81%
Consumer Services3.29%
Energy Minerals1.89%
Transportation1.54%
Commercial Services1.49%
Utilities1.26%
Distribution Services0.50%
Industrial Services0.08%
Process Industries−0.13%
Consumer Non-Durables−0.70%
Health Services−0.88%
Consumer Durables−1.72%
Bonds, Cash & Other43.98%
ETF43.24%
Cash0.74%
Top 10 holdings
Dividends
Dividend payout history