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Overview

Fund Profile

Key Facts

Fund Ticker ZMT
Net Assets (Mn)
(Mar 22, 2019)
$ 25.03
Base Currency CAD
Closing Market Price $ 44.69
12-Month Low/High (Market Price) $ 8.45 / $ 60.81
Closing NAV Price
(Mar 22, 2019)
$ 44.6182
12-Month Low/High (Price (NAV)) $ 38.4790 / $ 60.8095
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.

1.67%
Maximum Annual Management Fee 0.55%
Management Expense Ratio 0.62%
Market Volume 13,953
Distribution Frequency Annually
Options Available No
Inception Date Oct 20, 2009
Fiscal Year-End December 31
Units Outstanding (000's) 561
Index Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged
Market Cap ($Bn)
(Feb 28, 2019)
632.14
Exchange TSX
CUSIP 05584E201
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO Equal Weight Global Base Metals Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged, 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. The Fund invests in and holds Canadian and US securities and ADRs. U.S. dollar currency exposure is hedged back to Canadian dollars.

Benchmark Info

The Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged includes global securities in the base metals industry. Constituents are subject to minimum market capitalization and liquidity screens. In addition, each security in this Index is allocated an equal weight rather than a market capitalization weight. In addition, the United States dollar exposure in the Index is hedged to the Canadian dollar.

Fund Benefits

  • Provides convenient and efficient equal weight exposure to global base metals equities
  • Benefits from increasing demand for base metals such as Copper, Lead, Nickel, and Zinc, used in various industrial and construction industries
  • Currency hedged to eliminate U.S.currency exposure
  • Equal weighting avoids security concentration
  • The underlying securities of ZMT have large daily trade volumes which represents the ETFs true liquidity

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)
$ 25.03
Market Price $ 44.69
12-Month Low/High (Market Price) $ 8.45 / $ 60.81
Price (NAV) $ 44.6182
12-Month Low/High (Price (NAV)) $ 38.4790 / $ 60.8095
Distribution Frequency Annually

Daily Prices

Unit Price as of
(Mar 22, 2019)
1 Day Change 1 Day % Change
Market Price $ 44.69 $ -2.10 -4.49%
Price (NAV) $ 44.6182 $ -2.0411 -4.37%

Performance

Annualized Performance

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

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -23.55% -4.54% 17.48% -6.29% - -4.90%
Index -21.40% -2.80% 19.49% -4.92% - -3.64%
Calendar Performance

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

YTD 2018 2017 2016 2015 2014 2013 2012 2011 2010
NAV 15.68% -35.67% 35.88% 55.09% -46.31% -10.45% -7.80% -10.56% -33.32% 42.56%
Index 15.83% -33.87% 37.00% 57.16% -45.82% -9.14% -6.40% -9.28% -32.69% 43.96%
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 15.68% 4.31% 2.43% -12.66% -23.55% -8.88% 62.12% -27.75% - -37.55%
Index 15.83% 4.31% 5.60% -10.25% -21.40% -5.53% 70.61% -22.28% - -29.35%

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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.

Download Distribution History (Excel)
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
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

100.57%

Cash and Cash Equivalents

-0.57%

Number of Holdings

28

Total Net Assets

$ 25,028,127.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
4.57% LUXFER HOLDINGS PLC GB00BNK03D49 LXFR 37,950 USD 1,143,441 - Stock
4.06% NEXA RESOURCES SA LU1701428291 NEXA 61,073 USD 1,016,834 - Stock
3.97% CENTURY ALUMINUM CO US1564311082 CENX 89,111 USD 993,090 - Stock
3.87% COMPASS MINERALS INTERNATIONAL INC US20451N1019 CMP 13,544 USD 967,652 - Stock
3.84% SOUTHERN COPPER CORP US84265V1052 SCCO 19,025 USD 960,232 - Stock
3.83% ALCOA CORP US0138721065 AA 25,418 USD 959,700 - Stock
3.83% TECK RESOURCES LTD CA8787422044 TECK/B 31,671 CAD 958,048 - Stock
3.81% TURQUOISE HILL RESOURCES LTD CA9004351081 TRQ 431,776 CAD 954,225 - Stock
3.78% IVANHOE MINES LTD CA46579R1047 IVN 283,358 CAD 946,416 - Stock
3.76% RIO TINTO PLC US7672041008 RIO 12,494 USD 941,787 - Stock
3.74% HUDBAY MINERALS INC CA4436281022 HBM 103,206 CAD 936,078 - Stock
3.74% BHP GROUP PLC US05545E2090 BBL 15,122 USD 937,044 - Stock
3.73% TREDEGAR CORP US8946501009 TG 40,719 USD 932,728 - Stock
3.72% CONSTELLIUM NV NL0010489522 CSTM 81,955 USD 932,047 - Stock
3.70% BHP GROUP LTD US0886061086 BHP 13,188 USD 925,218 - Stock
3.69% VEDANTA LTD US92242Y1001 VEDL 70,030 USD 923,368 - Stock
3.68% FREEPORT-MCMORAN INC US35671D8570 FCX 56,380 USD 922,043 - Stock
3.67% FIRST QUANTUM MINERALS LTD CA3359341052 FM 65,182 CAD 919,066 - Stock
3.66% KAISER ALUMINUM CORP US4830077040 KALU 6,602 USD 915,703 - Stock
3.63% HAYNES INTERNATIONAL INC US4208772016 HAYN 21,637 USD 907,584 - Stock
3.60% GLOBAL BRASS & COPPER HOLDINGS INC US37953G1031 BRSS 21,022 USD 902,111 - Stock
3.54% ALLEGHENY TECHNOLOGIES INC US01741R1023 ATI 26,499 USD 885,236 - Stock
3.50% LUNDIN MINING CORP CA5503721063 LUN 146,671 CAD 877,093 - Stock
3.46% MUELLER INDUSTRIES INC US6247561029 MLI 21,030 USD 867,158 - Stock
3.45% CARPENTER TECHNOLOGY CORP US1442851036 CRS 15,152 USD 862,407 - Stock
3.41% NEMASKA LITHIUM INC CA64045C1068 NMX 2,474,019 CAD 853,537 - Stock
3.32% ERO COPPER CORP CA2960061091 ERO 54,600 CAD 830,466 - Stock
-0.57% CASH - - 1 CAD -142,183 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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