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Overview

Fund Profile

Key Facts

Fund Ticker BANK
Net Assets (Mn)
(Mar 22, 2019)
$ 7.92
Base Currency CAD
Closing Market Price $ 18.09
12-Month Low/High (Market Price) $ 16.88 / $ 21.55
Closing NAV Price
(Mar 22, 2019)
$ 18.0897
12-Month Low/High (Price (NAV)) $ 16.5449 / $ 21.5853
Annualized Distribution Yield
(Mar 15, 2019)

Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV.

3.39%
Maximum Annual Management Fee 0.35%
Management Expense Ratio 0.40%

Management Expense Ratios (MERs) are the audited MERs as of December 31, 2017.

Market Volume 4,293
Distribution Frequency Quarterly
Options Available No
Inception Date Apr 07, 2017
Fiscal Year-End December 15
Units Outstanding (000's) 438
Index FTSE Developed ex Korea Banks Capped 100% Hedged to CAD Index
Market Cap ($Bn)
(Feb 28, 2019)
4,347.62
Exchange TSX
CUSIP 05583Q106
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO Global Banks Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE Developed ex Korea Banks Capped 100% Hedged to CAD Index, net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.

Benchmark Info

FTSE Developed ex Korea Banks Capped 100% Hedged to CAD Index includes global banks. The index includes large and mid-caps banks according to the Russell Global Sectors classification system, with a 10% security cap and is re-balanced on a quarterly basis. The foreign currency is hedged back to Canadian dollars.

Fund Benefits

  • Designed for investors looking for growth solutions
  • Exposure to global bank stocks
  • Currency hedged back to Canadian dollars
  • Professionally managed by BMO Global Asset Management

Risk Rating

  • Low
  • Low to Medium
  • Medium
  • Medium to High
  • High

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Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Fund Total Assets ($Mn)
(Mar 22, 2019)
$ 7.92
Market Price $ 18.09
12-Month Low/High (Market Price) $ 16.88 / $ 21.55
Price (NAV) $ 18.0897
12-Month Low/High (Price (NAV)) $ 16.5449 / $ 21.5853
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Mar 22, 2019)
1 Day Change 1 Day % Change
Market Price $ 18.09 $ -0.51 -2.74%
Price (NAV) $ 18.0897 $ -0.5045 -2.71%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Feb 28, 2019

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -10.86% - - - - 0.12%
Index -10.49% - - - - 0.91%
Calendar Performance

Calendar Year Performance (%) for period ending: Feb 28, 2019

YTD 2018 2017
NAV 10.77% -18.32% 10.77%
Index 10.79% -17.83% 11.73%
Cumulative Performance

Cumulative Performance (%) for period ending: Feb 28, 2019

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 10.77% 3.48% -0.34% -6.40% -10.86% - - - - 0.22%
Index 10.79% 3.66% -0.14% -6.13% -10.49% - - - - 1.72%

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Tax & Distributions

Distribution History

Each BMO ETF will distribute net taxable income to investors at least once a year. A BMO ETF will have taxable income if the income generated (for example interest, dividend, capital gains, etc.) by the securities within the BMO ETF is greater than the expenses of the BMO ETF. The distributions will either be paid in cash or reinvested in the BMO ETF at the discretion of the manager. The future distribution dates for BMO ETFs may change at any time and whether or not a distribution occurs will depend on the tax characteristics of the underlying investments.

The following table lists historical distributions and includes information about the frequency dollar value and tax composition of the distribution. The tax composition of the BMO ETF distribution will be determined on a yearly basis and will only be available after the BMO ETFs tax year. This information will be reported in an official tax receipt provided to investors by their broker.

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Distribution Period

Future distribution dates may change without any prior notice.

Ex-Dividend Date Record Date Pay Date Cash Distribution Per Unit Reinvested Distribution Per Unit

Distributions by the BMO ETF that are not paid in cash should be accounted for by investors for tax purposes by adding the distribution amount to the adjusted cost base of the units held.

Total Distribution Per Unit
Mar, 2019 Mar 27, 2019 Mar 28, 2019 Apr 02, 2019 0.170000 0.000000 0.170000
Jun, 2019 Jun 26, 2019 Jun 27, 2019 Jul 03, 2019 - - -
Sep, 2019 Sep 26, 2019 Sep 27, 2019 Oct 02, 2019 - - -
Dec, 2019 Dec 27, 2019 Dec 30, 2019 Jan 03, 2020 - - -
Download Distribution Tax (Excel)
Distribution Period Eligible Dividends Non Eligible Dividends Other Income Capital Gains Return of Capital Foreign Income Foreign Tax Paid Total Distribution per Unit for Tax Purpose

The exact tax treatment of the distributions for a calendar year is calculated after the BMO ETF's tax year-end. As a result investors will receive an official tax statement from their broker detailing the type of income they have to report for tax purposes for the entire year and not for each distribution.

- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Mar 22, 2019

Stock

100.71%

Cash and Cash Equivalents

-0.71%

Number of Holdings

125

Total Net Assets

$ 7,923,267.00


Download Holdings (Excel)
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Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
9.17% BANK OF AMERICA CORP US0605051046 BAC 20,042 USD 726,850 - Stock
7.52% WELLS FARGO & CO US9497461015 WFC 9,183 USD 595,663 - Stock
6.11% HSBC HOLDINGS PLC GB0005405286 HSBA 44,715 GBP 484,439 - Stock
4.14% ROYAL BANK OF CANADA CA7800871021 RY 3,214 CAD 328,246 - Stock
3.83% TORONTO-DOMINION BANK/THE CA8911605092 TD 4,104 CAD 303,696 - Stock
3.33% COMMONWEALTH BANK OF AUSTRALIA AU000000CBA7 CBA 3,919 AUD 263,534 - Stock
2.83% BANCO SANTANDER SA ES0113900J37 SAN 35,771 EUR 224,405 - Stock
2.75% US BANCORP US9029733048 USB 3,364 USD 218,073 - Stock
2.47% BANK OF NOVA SCOTIA/THE CA0641491075 BNS 2,743 CAD 195,823 - Stock
2.40% MITSUBISHI UFJ FINANCIAL GROUP INC JP3902900004 8306 27,900 JPY 190,176 - Stock
2.40% WESTPAC BANKING CORP AU000000WBC1 WBC 7,620 AUD 189,817 - Stock
2.20% LLOYDS BANKING GROUP PLC GB0008706128 LLOY 158,042 GBP 174,164 - Stock
2.06% PNC FINANCIAL SERVICES GROUP INC/THE US6934751057 PNC 1,020 USD 163,223 - Stock
2.01% AUSTRALIA & NEW ZEALAND BANKING GROUP LTD AU000000ANZ3 ANZ 6,407 AUD 159,489 - Stock
1.91% BNP PARIBAS SA FR0000131104 BNP 2,405 EUR 151,676 - Stock
1.84% NATIONAL AUSTRALIA BANK LTD AU000000NAB4 NAB 6,180 AUD 146,112 - Stock
1.81% BANK OF MONTREAL CA0636711016 BMO 1,425 CAD 143,555 - Stock
1.76% SUMITOMO MITSUI FINANCIAL GROUP INC JP3890350006 8316 2,900 JPY 139,360 - Stock
1.73% ING GROEP NV NL0011821202 INGA 8,664 EUR 136,914 - Stock
1.50% MIZUHO FINANCIAL GROUP INC JP3885780001 8411 56,500 JPY 118,963 - Stock
1.46% BANCO BILBAO VIZCAYA ARGENTARIA SA ES0113211835 BBVA 14,692 EUR 115,369 - Stock
1.38% INTESA SANPAOLO SPA IT0000072618 ISP 33,340 EUR 109,064 - Stock
1.36% CANADIAN IMPERIAL BANK OF COMMERCE CA1360691010 CM 988 CAD 107,969 - Stock
1.32% BARCLAYS PLC GB0031348658 BARC 37,949 GBP 104,277 - Stock
1.31% BB&T CORP US0549371070 BBT 1,711 USD 103,588 - Stock
1.26% DBS GROUP HOLDINGS LTD SG1L01001701 DBS 4,000 SGD 99,806 - Stock
1.07% UNICREDIT SPA IT0005239360 UCG 4,926 EUR 85,033 - Stock
1.02% OVERSEA-CHINESE BANKING CORP LTD SG1S04926220 OCBC 7,400 SGD 81,206 - Stock
1.01% NORDEA BANK ABP FI4000297767 NDA 6,709 EUR 80,417 - Stock
0.96% SUNTRUST BANKS INC US8679141031 STI 987 USD 76,069 - Stock
0.88% UNITED OVERSEAS BANK LTD SG1M31001969 UOB 2,800 SGD 69,507 - Stock
0.88% DISCOVER FINANCIAL SERVICES US2547091080 DFS 734 USD 69,333 - Stock
0.79% M&T BANK CORP US55261F1049 MTB 305 USD 62,981 - Stock
0.78% SOCIETE GENERALE SA FR0000130809 GLE 1,596 EUR 61,726 - Stock
0.77% STANDARD CHARTERED PLC GB0004082847 STAN 5,973 GBP 61,053 - Stock
0.75% DNB ASA NO0010031479 DNB 2,339 NOK 59,492 - Stock
0.71% FIFTH THIRD BANCORP US3167731005 FITB 1,693 USD 55,966 - Stock
0.71% KBC GROUP NV BE0003565737 KBC 606 EUR 56,460 - Stock
0.71% SWEDBANK AB SE0000242455 SWEDA 2,212 SEK 56,429 - Stock
0.66% HANG SENG BANK LTD HK0011000095 11 1,600 HKD 51,950 - Stock
0.61% SVENSKA HANDELSBANKEN AB SE0007100599 SHBA 3,219 SEK 48,095 - Stock
0.60% FIRST REPUBLIC BANK/CA US33616C1009 FRC 363 USD 47,814 - Stock
0.58% KEYCORP US4932671088 KEY 2,272 USD 45,668 - Stock
0.58% NATIONAL BANK OF CANADA CA6330671034 NA 749 CAD 45,944 - Stock
0.56% BOC HONG KONG HOLDINGS LTD HK2388011192 2388 7,984 HKD 44,495 - Stock
0.56% CITIZENS FINANCIAL GROUP INC US1746101054 CFG 1,040 USD 44,364 - Stock
0.56% ROYAL BANK OF SCOTLAND GROUP PLC GB00B7T77214 RBS 10,052 GBP 44,102 - Stock
0.55% SKANDINAVISKA ENSKILDA BANKEN AB SE0000148884 SEBA 3,195 SEK 43,508 - Stock
0.52% REGIONS FINANCIAL CORP US7591EP1005 RF 2,280 USD 41,420 - Stock
0.51% CREDIT AGRICOLE SA FR0000045072 ACA 2,543 EUR 40,492 - Stock
0.50% SUMITOMO MITSUI TRUST HOLDINGS INC JP3892100003 8309 800 JPY 39,988 - Stock
0.47% HUNTINGTON BANCSHARES INC/OH US4461501045 HBAN 2,273 USD 37,386 - Stock
0.46% DANSKE BANK A/S DK0010274414 DANSKE 1,471 DKK 36,237 - Stock
0.44% COMERICA INC US2003401070 CMA 360 USD 34,837 - Stock
0.44% SVB FINANCIAL GROUP US78486Q1013 SIVB 121 USD 34,474 - Stock
0.43% CAIXABANK SA ES0140609019 CABK 7,994 EUR 33,896 - Stock
0.39% ERSTE GROUP BANK AG AT0000652011 EBS 624 EUR 30,599 - Stock
0.37% BANK LEUMI LE-ISRAEL BM IL0006046119 LUMI 3,150 ILS 29,114 - Stock
0.36% RESONA HOLDINGS INC JP3500610005 8308 4,800 JPY 28,763 - Stock
0.34% ABN AMRO GROUP NV NL0011540547 ABN 903 EUR 26,631 - Stock
0.33% JULIUS BAER GROUP LTD CH0102484968 BAER 467 CHF 25,780 - Stock
0.32% POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA PLPKO0000016 PKO 1,840 PLN 25,121 - Stock
0.31% ZIONS BANCORP NA US9897011071 ZION 417 USD 24,434 - Stock
0.30% COMMERZBANK AG DE000CBK1001 CBK 2,261 EUR 23,679 - Stock
0.28% BANK HAPOALIM BM IL0006625771 POLI 2,420 ILS 22,354 - Stock
0.22% PEOPLE'S UNITED FINANCIAL INC US7127041058 PBCT 803 USD 17,132 - Stock
0.21% BANCO DE SABADELL SA ES0113860A34 SAB 12,300 EUR 16,979 - Stock
0.20% BANK OF IRELAND GROUP PLC IE00BD1RP616 BIRG 1,991 EUR 15,831 - Stock
0.20% BANKINTER SA ES0113679I37 BKT 1,484 EUR 15,622 - Stock
0.20% COMMERCE BANCSHARES INC/MO US2005251036 CBSH 212 USD 15,975 - Stock
0.20% NEW YORK COMMUNITY BANCORP INC US6494451031 NYCB 1,029 USD 15,889 - Stock
0.19% FINECOBANK BANCA FINECO SPA IT0000072170 FBK 854 EUR 14,914 - Stock
0.18% CIT GROUP INC US1255818015 CIT 230 USD 14,243 - Stock
0.17% JAPAN POST BANK CO LTD JP3946750001 7182 900 JPY 13,735 - Stock
0.17% BANK POLSKA KASA OPIEKI SA PLPEKAO00016 PEO 340 PLN 13,153 - Stock
0.16% CONCORDIA FINANCIAL GROUP LTD JP3305990008 7186 2,500 JPY 12,974 - Stock
0.16% FUKUOKA FINANCIAL GROUP INC JP3805010000 8354 400 JPY 12,291 - Stock
0.16% NATIXIS SA FR0000120685 KN 1,800 EUR 12,538 - Stock
0.15% BANK OF EAST ASIA LTD/THE HK0023000190 23 2,657 HKD 11,571 - Stock
0.15% BANK OF KYOTO LTD/THE JP3251200006 8369 200 JPY 11,946 - Stock
0.15% ISRAEL DISCOUNT BANK LTD IL0006912120 DSCT 2,520 ILS 11,893 - Stock
0.13% SHIZUOKA BANK LTD/THE JP3351200005 8355 1,000 JPY 10,484 - Stock
0.12% BANCO BPM SPA IT0005218380 BAMI 3,291 EUR 9,399 - Stock
0.12% BANKIA SA ES0113307062 BKIA 2,620 EUR 9,318 - Stock
0.12% BENDIGO & ADELAIDE BANK LTD AU000000BEN6 BEN 1,049 AUD 9,521 - Stock
0.12% AIB GROUP PLC IE00BF0L3536 AIBG 1,700 EUR 9,727 - Stock
0.11% CYBG PLC GB00BD6GN030 CYBG 2,670 GBP 8,922 - Stock
0.11% MIZRAHI TEFAHOT BANK LTD IL0006954379 MZTF 330 ILS 8,942 - Stock
0.11% RAIFFEISEN BANK INTERNATIONAL AG AT0000606306 RBI 281 EUR 8,548 - Stock
0.10% AOZORA BANK LTD JP3711200000 8304 200 JPY 7,568 - Stock
0.10% JYSKE BANK A/S DK0010307958 JYSK 149 DKK 7,591 - Stock
0.10% UNIONE DI BANCHE ITALIANE SPA IT0003487029 UBI 2,209 EUR 7,780 - Stock
0.10% MEBUKI FINANCIAL GROUP INC JP3117700009 7167 2,200 JPY 7,827 - Stock
0.10% SANTANDER BANK POLSKA SA PLBZ00000044 SPL 60 PLN 8,246 - Stock
0.09% BANK OF QUEENSLAND LTD AU000000BOQ8 BOQ 860 AUD 7,440 - Stock
0.09% CHIBA BANK LTD/THE JP3511800009 8331 1,000 JPY 7,451 - Stock
0.08% BANQUE CANTONALE VAUDOISE CH0015251710 BCVN 6 CHF 6,495 - Stock
0.07% CHUGOKU BANK LTD/THE JP3521000004 8382 400 JPY 5,494 - Stock
0.07% HACHIJUNI BANK LTD/THE JP3769000005 8359 1,000 JPY 5,662 - Stock
0.07% SEVEN BANK LTD JP3105220002 8410 1,400 JPY 5,596 - Stock
0.07% SHINSEI BANK LTD JP3729000004 8303 300 JPY 5,736 - Stock
0.07% YAMAGUCHI FINANCIAL GROUP INC JP3935300008 8418 481 JPY 5,801 - Stock
0.06% GUNMA BANK LTD/THE JP3276400003 8334 900 JPY 5,145 - Stock
0.06% IYO BANK LTD/THE JP3149600003 8385 600 JPY 4,461 - Stock
0.06% KYUSHU FINANCIAL GROUP INC JP3246500007 7180 800 JPY 4,614 - Stock
0.06% MBANK SA PLBRE0000012 MBK 30 PLN 4,680 - Stock
0.05% HOKUHOKU FINANCIAL GROUP INC JP3842400008 8377 280 JPY 4,208 - Stock
0.05% KANSAI MIRAI FINANCIAL GROUP INC JP3229500008 7321 390 JPY 4,106 - Stock
0.05% NISHI-NIPPON FINANCIAL HOLDINGS INC JP3658850007 7189 330 JPY 3,935 - Stock
0.05% SHIGA BANK LTD/THE JP3347600003 8366 110 JPY 3,569 - Stock
0.04% HIROSHIMA BANK LTD/THE JP3797000001 8379 500 JPY 3,505 - Stock
0.04% 77 BANK LTD/THE JP3352000008 8341 150 JPY 2,922 - Stock
0.04% AWA BANK LTD/THE JP3126800006 8388 80 JPY 2,838 - Stock
0.04% DAISHI HOKUETSU FINANCIAL GROUP INC JP3483850008 7327 90 JPY 3,517 - Stock
0.04% FIRST INTERNATIONAL BANK OF ISRAEL LTD IL0005930388 FIBI 110 ILS 3,530 - Stock
0.04% SAN-IN GODO BANK LTD/THE JP3324000003 8381 320 JPY 3,284 - Stock
0.03% DAH SING BANKING GROUP LTD HK2356013600 2356 790 HKD 2,027 - Stock
0.03% DAH SING FINANCIAL HOLDINGS LTD HK0440001847 440 330 HKD 2,398 - Stock
0.03% NORTH PACIFIC BANK LTD JP3843400007 8524 610 JPY 2,206 - Stock
0.02% BASELLANDSCHAFTLICHE KANTONALBANK CH0001473559 BLKB 1 CHF 1,237 - Stock
0.02% BASLER KANTONALBANK CH0009236461 BSKP 15 CHF 1,540 - Stock
0.02% CREDITO EMILIANO SPA IT0003121677 CE 163 EUR 1,229 - Stock
0.02% GRAUBUENDNER KANTONALBANK CH0001340204 GRKP 1 CHF 1,952 - Stock
0.02% SVENSKA HANDELSBANKEN AB SE0007100607 SHBB 81 SEK 1,238 - Stock
-0.71% CASH - - 1 CAD -56,173 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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