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Overview

Fund Profile

Key Facts

Fund Ticker ZEQ
Net Assets (Mn)
(Jan 18, 2019)
$ 243.49
Base Currency CAD
Closing Market Price $ 19.11
12-Month Low/High (Market Price) $ 18.09 / $ 21.06
Closing NAV Price
(Jan 18, 2019)
$ 19.1288
12-Month Low/High (Price (NAV)) $ 18.0917 / $ 21.0365
Annualized Distribution Yield
(Jan 11, 2019)

Annualized Distribution Yield: The most recent regular distribution (excluding year end distributions for those ETFs that distribute more frequently) annualized for frequency divided by current NAV.

5.73%
Maximum Annual Management Fee 0.40%
Management Expense Ratio 0.45%
Market Volume 64,697
Distribution Frequency Quarterly
Options Available Yes
Inception Date Feb 10, 2014
Fiscal Year-End December 31
Units Outstanding (000's) 12,729
Index MSCI Europe Quality 100% Hedged to CAD Index
Market Cap ($Bn)
(Dec 31, 2018)
4,721.95
Exchange TSX
CUSIP 05579B105
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO MSCI Europe High Quality Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the MSCI Europe Quality 100% Hedged to CAD Index, net of expenses. The Fund invests in European equity markets, while screening for high return on equity (ROE), stable year-over-year earnings growth and low financial leverage. The Fund may also invest in or hold securities intended to replicate the performance of the Index. The foreign currency exposure is hedged back to the Canadian dollar.

Benchmark Info

MSCI Europe Quality 100% Hedged to CAD Index (“Index”) is based on the MSCI Europe Index, its parent index, which includes large and mid cap stocks across the Developed Markets (DM) countries in Europe. The Index aims to capture the performance of quality growth stocks by identifying stocks with high quality scores based on three main fundamental variables: high return on equity (ROE), stable year-over-year earnings growth and low financial leverage. All securities eligible for inclusion in the Index are weighted by the product of their market cap weight in the parent index and their quality score. Issuer weights are capped at 5%. The Index is rebalanced semi-annually, as of the close of the last business day of November and May.

Fund Benefits

  • Designed for investors looking for growth solutions
  • Exposure to high quality European equities
  • Currency is hedged to mitigate currency impacts
  • 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)
(Jan 18, 2019)
$ 243.49
Market Price $ 19.11
12-Month Low/High (Market Price) $ 18.09 / $ 21.06
Price (NAV) $ 19.1288
12-Month Low/High (Price (NAV)) $ 18.0917 / $ 21.0365
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Jan 18, 2019)
1 Day Change 1 Day % Change
Market Price $ 19.11 $ 0.31 1.65%
Price (NAV) $ 19.1288 $ 0.2955 1.57%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Dec 31, 2018

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -6.48% 3.61% 4.34% - - 6.65%
Index -6.12% 4.18% 4.83% - - 7.37%
Calendar Performance

Calendar Year Performance (%) for period ending: Dec 31, 2018

YTD 2017 2016 2015 2014
NAV -6.48% 14.79% 5.80% 9.68% 9.99%
Index -6.12% 15.61% 6.15% 10.26% 11.44%
Cumulative Performance

Cumulative Performance (%) for period ending: Dec 31, 2018

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -6.48% -4.87% -9.80% -6.98% -6.48% 7.36% 13.59% - - 37.01%
Index -6.12% -4.49% -9.67% -6.84% -6.12% 8.54% 15.22% - - 41.57%

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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 - - -
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 - - -
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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 Jan 18, 2019

Stock

96.87%

Cash and Cash Equivalents

3.13%

Number of Holdings

125

Total Net Assets

$ 243,490,877.00


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Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
5.01% ROCHE HOLDING AG CH0012032048 ROG 35,364 CHF 12,192,799 Health Care Stock
4.95% NOVO NORDISK A/S DK0060534915 NOVOB 189,004 DKK 12,051,527 Health Care Stock
4.85% NESTLE SA CH0038863350 - 104,844 CHF 11,797,736 Consumer Staples Stock
4.58% GLAXOSMITHKLINE PLC GB0009252882 - 434,200 GBP 11,163,253 Health Care Stock
3.71% ASTRAZENECA PLC GB0009895292 AZN 94,713 GBP 9,030,679 Health Care Stock
3.62% UNILEVER NV NL0000009355 UNA 124,719 EUR 8,815,001 Consumer Staples Stock
3.51% SAP SE DE0007164600 - 60,802 EUR 8,543,113 Information Technology Stock
3.24% DIAGEO PLC GB0002374006 - 167,591 GBP 7,897,885 Consumer Staples Stock
2.81% LVMH MOET HENNESSY LOUIS VUITTON SE FR0000121014 - 17,882 EUR 6,832,895 Consumer Discretionary Stock
2.59% UNILEVER PLC GB00B10RZP78 - 90,893 GBP 6,308,507 Consumer Staples Stock
2.33% ASML HOLDING NV NL0010273215 - 26,337 EUR 5,684,685 Information Technology Stock
2.13% BASF SE DE000BASF111 - 52,314 EUR 5,176,605 Materials Stock
2.01% L'OREAL SA FR0000120321 - 16,251 EUR 4,897,104 Consumer Staples Stock
1.99% RIO TINTO PLC GB0007188757 - 71,927 GBP 4,851,896 Materials Stock
1.75% RELX PLC GB00B2B0DG97 - 149,617 GBP 4,268,417 Industrials Stock
1.68% ADIDAS AG DE000A1EWWW0 - 13,272 EUR 4,084,639 Consumer Discretionary Stock
1.50% AMADEUS IT GROUP SA ES0109067019 - 37,317 EUR 3,656,790 Information Technology Stock
1.43% COMPASS GROUP PLC GB00BD6K4575 - 125,863 GBP 3,482,214 Consumer Discretionary Stock
1.29% KERING SA FR0000121485 - 5,091 EUR 3,147,247 Consumer Discretionary Stock
1.28% INDUSTRIA DE DISENO TEXTIL SA ES0148396007 - 86,526 EUR 3,113,251 Consumer Discretionary Stock
1.24% IMPERIAL BRANDS PLC GB0004544929 - 71,471 GBP 3,030,318 Consumer Staples Stock
1.12% ABB LTD CH0012221716 - 105,507 CHF 2,715,978 Industrials Stock
0.99% ROLLS-ROYCE HOLDINGS PLC GB00B63H8491 RR/ 157,641 GBP 2,419,548 Industrials Stock
0.98% SIKA AG CH0418792922 - 13,142 CHF 2,380,556 Materials Stock
0.97% DEUTSCHE POST AG DE0005552004 DPW 60,675 EUR 2,358,787 Industrials Stock
0.88% ATLAS COPCO AB SE0011166610 ATCOA 63,754 SEK 2,148,265 Industrials Stock
0.87% EXPERIAN PLC GB00B19NLV48 - 63,797 GBP 2,118,670 Industrials Stock
0.84% BT GROUP PLC GB0030913577 - 500,380 GBP 2,044,615 Communication Services Stock
0.81% GIVAUDAN SA CH0010645932 - 601 CHF 1,960,355 Materials Stock
0.81% KONE OYJ FI0009013403 - 29,666 EUR 1,969,881 Industrials Stock
0.80% HERMES INTERNATIONAL FR0000052292 - 2,569 EUR 1,938,817 Consumer Discretionary Stock
0.73% BAE SYSTEMS PLC GB0002634946 BA/ 203,280 GBP 1,771,473 Industrials Stock
0.68% SAMPO OYJ FI0009003305 SAMPO 26,910 EUR 1,657,731 Financials Stock
0.67% WOLTERS KLUWER NV NL0000395903 WKL 20,114 EUR 1,620,431 Industrials Stock
0.66% HENKEL AG & CO KGAA DE0006048432 - 10,916 EUR 1,598,392 Consumer Staples Stock
0.65% GEBERIT AG CH0030170408 - 3,076 CHF 1,586,155 Industrials Stock
0.64% PARTNERS GROUP HOLDING AG CH0024608827 1547738 1,699 CHF 1,553,761 Financials Stock
0.63% LEGAL & GENERAL GROUP PLC GB0005603997 - 346,971 GBP 1,524,687 Financials Stock
0.62% FERGUSON PLC JE00BFYFZP55 - 16,501 GBP 1,501,909 Industrials Stock
0.61% COLOPLAST A/S DK0060448595 COLOB 11,861 DKK 1,477,655 Health Care Stock
0.59% ASSA ABLOY AB SE0007100581 ASSAB 57,913 SEK 1,429,289 Industrials Stock
0.59% CIE GENERALE DES ETABLISSEMENTS MICHELIN SCA FR0000121261 - 10,287 EUR 1,442,772 Consumer Discretionary Stock
0.59% CONTINENTAL AG DE0005439004 CON 7,085 EUR 1,437,706 Consumer Discretionary Stock
0.57% SGS SA CH0002497458 - 438 CHF 1,386,088 Industrials Stock
0.57% SMITH & NEPHEW PLC GB0009223206 - 55,610 GBP 1,385,195 Health Care Stock
0.56% LONDON STOCK EXCHANGE GROUP PLC GB00B0SWJX34 - 17,900 GBP 1,363,150 Financials Stock
0.55% FERRARI NV NL0011585146 RACE 8,895 EUR 1,337,395 Consumer Discretionary Stock
0.53% KERRY GROUP PLC IE0004906560 - 9,312 EUR 1,297,010 Consumer Staples Stock
0.52% COVESTRO AG DE0006062144 - 17,155 EUR 1,254,597 Materials Stock
0.52% HENNES & MAURITZ AB SE0000106270 HMB 63,090 SEK 1,269,402 Consumer Discretionary Stock
0.51% DSV A/S DK0060079531 - 11,940 DKK 1,235,134 Industrials Stock
0.49% LEGRAND SA FR0010307819 - 15,644 EUR 1,205,222 Industrials Stock
0.48% ATLAS COPCO AB SE0011166628 ATCOB 37,050 SEK 1,161,943 Industrials Stock
0.48% INTERTEK GROUP PLC GB0031638363 ITRK 13,394 GBP 1,160,521 Industrials Stock
0.44% NOVOZYMES A/S DK0060336014 NZYMB 17,662 DKK 1,072,361 Materials Stock
0.43% PERSIMMON PLC GB0006825383 PSN 25,717 GBP 1,054,903 Consumer Discretionary Stock
0.43% THALES SA FR0000121329 - 6,884 EUR 1,036,320 Industrials Stock
0.41% ASHTEAD GROUP PLC GB0000536739 - 30,065 GBP 1,004,992 Industrials Stock
0.39% BURBERRY GROUP PLC GB0031743007 - 31,177 GBP 953,547 Consumer Discretionary Stock
0.38% 3I GROUP PLC GB00B1YW4409 - 64,638 GBP 927,166 Financials Stock
0.38% HARGREAVES LANSDOWN PLC GB00B1VZ0M25 HL/ 29,593 GBP 931,164 Financials Stock
0.38% KUEHNE + NAGEL INTERNATIONAL AG CH0025238863 KNIN 5,112 CHF 922,208 Industrials Stock
0.38% WHITBREAD PLC GB00B1KJJ408 - 11,377 GBP 937,325 Consumer Discretionary Stock
0.37% BUNZL PLC GB00B0744B38 - 21,467 GBP 889,884 Industrials Stock
0.37% TEMENOS AG CH0012453913 - 5,119 CHF 905,611 Information Technology Stock
0.36% MTU AERO ENGINES AG DE000A0D9PT0 - 3,244 EUR 888,405 Industrials Stock
0.35% NEXT PLC GB0032089863 - 10,378 GBP 840,906 Consumer Discretionary Stock
0.35% SCHINDLER HOLDING AG CH0024638196 SCHP 3,040 CHF 843,493 Industrials Stock
0.35% HENKEL AG & CO KGAA DE0006048408 HEN 6,367 EUR 840,969 Consumer Staples Stock
0.34% ASSOCIATED BRITISH FOODS PLC GB0006731235 - 20,578 GBP 827,237 Consumer Staples Stock
0.34% CHR HANSEN HOLDING A/S DK0060227585 CHR 6,720 DKK 835,842 Materials Stock
0.34% SONOVA HOLDING AG CH0012549785 - 3,430 CHF 823,722 Health Care Stock
0.33% BEIERSDORF AG DE0005200000 - 6,077 EUR 809,903 Consumer Staples Stock
0.33% CRODA INTERNATIONAL PLC GB00BYZWX769 CRDA 9,500 GBP 795,189 Materials Stock
0.33% MONDI PLC GB00B1CRLC47 - 26,186 GBP 814,757 Materials Stock
0.33% SAGE GROUP PLC/THE GB00B8C3BL03 - 75,138 GBP 811,226 Information Technology Stock
0.29% ADMIRAL GROUP PLC GB00B02J6398 ADM 19,534 GBP 702,353 Financials Stock
0.28% ADECCO GROUP AG CH0012138605 - 9,994 CHF 676,761 Industrials Stock
0.28% ITV PLC GB0033986497 - 301,317 GBP 683,296 Communication Services Stock
0.28% MONCLER SPA IT0004965148 - 14,740 EUR 674,344 Consumer Discretionary Stock
0.26% BERKELEY GROUP HOLDINGS PLC GB00B02L3W35 - 9,684 GBP 635,125 Consumer Discretionary Stock
0.26% TUI AG DE000TUAG000 - 31,535 GBP 640,112 Consumer Discretionary Stock
0.25% BOLIDEN AB SE0011088665 - 19,045 SEK 610,121 Materials Stock
0.25% EPIROC AB SE0011166933 - 46,792 SEK 607,485 Industrials Stock
0.25% JOHNSON MATTHEY PLC GB00BZ4BQC70 - 11,714 GBP 610,705 Materials Stock
0.25% TAYLOR WIMPEY PLC GB0008782301 - 214,353 GBP 613,783 Consumer Discretionary Stock
0.25% WARTSILA OYJ ABP FI0009003727 - 27,912 EUR 609,076 Industrials Stock
0.24% CHOCOLADEFABRIKEN LINDT & SPRUENGLI AG CH0010570759 - 6 CHF 584,970 Consumer Staples Stock
0.24% ELISA OYJ FI0009007884 - 10,094 EUR 588,830 Communication Services Stock
0.24% STRAUMANN HOLDING AG CH0012280076 STMN 602 CHF 573,443 Health Care Stock
0.23% BARRATT DEVELOPMENTS PLC GB0000811801 - 62,172 GBP 567,799 Consumer Discretionary Stock
0.23% PANDORA A/S DK0060252690 - 9,891 DKK 550,563 Consumer Discretionary Stock
0.21% SIEMENS HEALTHINEERS AG DE000SHL1006 SHL 9,464 EUR 503,271 Health Care Stock
0.21% SKF AB SE0000108227 SKFB 23,496 SEK 513,067 Industrials Stock
0.20% CHOCOLADEFABRIKEN LINDT & SPRUENGLI AG CH0010570767 - 60 CHF 496,847 Consumer Staples Stock
0.20% IPSEN SA FR0010259150 - 2,611 EUR 474,941 Health Care Stock
0.20% BUREAU VERITAS SA FR0006174348 BVI 16,718 EUR 485,612 Industrials Stock
0.19% EMS-CHEMIE HOLDING AG CH0016440353 EMSN 665 CHF 452,023 Materials Stock
0.19% RANDSTAD NV NL0000379121 - 7,371 EUR 464,320 Industrials Stock
0.19% SKANSKA AB SE0000113250 SKAB 19,714 SEK 459,066 Industrials Stock
0.18% HUGO BOSS AG DE000A1PHFF7 - 4,916 EUR 432,894 Consumer Discretionary Stock
0.18% MARKS & SPENCER GROUP PLC GB0031274896 - 90,626 GBP 447,984 Consumer Discretionary Stock
0.17% ELECTROLUX AB SE0000103814 ELUXB 13,472 SEK 413,771 Consumer Discretionary Stock
0.17% SCHINDLER HOLDING AG CH0024638212 SCHN 1,502 CHF 407,505 Industrials Stock
0.16% COLRUYT SA BE0974256852 - 4,075 EUR 383,130 Consumer Staples Stock
0.16% ORION OYJ FI0009014377 ORNBV 8,237 EUR 389,100 Health Care Stock
0.16% RECORDATI SPA IT0003828271 REC 8,426 EUR 392,982 Health Care Stock
0.16% SCHRODERS PLC GB0002405495 SDR 8,476 GBP 382,969 Financials Stock
0.15% PROSIEBENSAT.1 MEDIA SE DE000PSM7770 PSM 16,205 EUR 364,795 Communication Services Stock
0.14% EPIROC AB SE0011166941 - 27,690 SEK 336,482 Industrials Stock
0.14% GEA GROUP AG DE0006602006 G1A 9,086 EUR 331,603 Industrials Stock
0.14% NOKIAN RENKAAT OYJ FI0009005318 - 7,814 EUR 345,333 Consumer Discretionary Stock
0.13% FUCHS PETROLUB SE DE0005790430 FPE3 5,197 EUR 320,946 Materials Stock
0.13% JERONIMO MARTINS SGPS SA PTJMT0AE0001 - 17,338 EUR 316,735 Consumer Staples Stock
0.12% WILLIAM DEMANT HOLDING A/S DK0060738599 WDH 7,177 DKK 296,241 Health Care Stock
0.12% HOCHTIEF AG DE0006070006 - 1,604 EUR 299,300 Industrials Stock
0.11% FAURECIA SA FR0000121147 - 4,603 EUR 259,589 Consumer Discretionary Stock
0.11% TRYG A/S DK0060636678 TRYG 7,816 DKK 263,519 Financials Stock
0.10% SARTORIUS STEDIM BIOTECH FR0013154002 - 1,857 EUR 247,615 Health Care Stock
0.09% SOCIETE BIC SA FR0000120966 - 1,664 EUR 229,916 Industrials Stock
0.08% EASYJET PLC GB00B7KR2P84 - 10,219 GBP 205,006 Industrials Stock
0.08% RTL GROUP SA LU0061462528 - 2,814 EUR 198,301 Communication Services Stock
0.07% RYANAIR HOLDINGS PLC IE00BYTBXV33 RYA 11,430 EUR 174,109 Industrials Stock
0.06% BABCOCK INTERNATIONAL GROUP PLC GB0009697037 BAB 15,507 GBP 146,531 Industrials Stock
3.13% CASH - - 1 CAD 7,619,824 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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