BMO EQUAL WEIGHT UTILS INDEX ETF UNITBMO EQUAL WEIGHT UTILS INDEX ETF UNITBMO EQUAL WEIGHT UTILS INDEX ETF UNIT

BMO EQUAL WEIGHT UTILS INDEX ETF UNIT

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Key stats

Assets under management (AUM)
‪403.90 M‬CAD
Fund flows (1Y)
‪55.02 M‬CAD
Dividend yield (indicated)
4.81%
Discount/Premium to NAV
−0.6%

About BMO EQUAL WEIGHT UTILS INDEX ETF UNIT

Issuer
Bank of Montreal
Brand
BMO
Expense ratio
0.62%
Home page
Inception date
Jan 19, 2010
Index tracked
Solactive Equal Weight Canada Utilities Index - CAD
Management style
Passive
The fund is passively managed to provide exposure to the utilities sector in Canada. 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
Utilities
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 March 28, 2024
Exposure type
StocksBonds, Cash & Other
Utilities
Stocks99.62%
Utilities99.62%
Bonds, Cash & Other0.38%
Cash0.38%
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