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Overview

Fund Profile

Key Facts

Fund Ticker ZMT
Net Assets (Mn)
(Jan 18, 2019)
$ 19.58
Base Currency CAD
Closing Market Price $ 8.51
12-Month Low/High (Market Price) $ 7.73 / $ 13.13
Closing NAV Price
(Jan 18, 2019)
$ 8.4939
12-Month Low/High (Price (NAV)) $ 7.6958 / $ 13.1296
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.

3.72%
Maximum Annual Management Fee 0.55%
Management Expense Ratio 0.62%
Market Volume 1,614
Distribution Frequency Annually
Options Available No
Inception Date Oct 20, 2009
Fiscal Year-End December 31
Units Outstanding (000's) 2,305
Index Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged
Market Cap ($Bn)
(Dec 31, 2018)
545.42
Exchange TSX
CUSIP 05584E102
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)
(Jan 18, 2019)
$ 19.58
Market Price $ 8.51
12-Month Low/High (Market Price) $ 7.73 / $ 13.13
Price (NAV) $ 8.4939
12-Month Low/High (Price (NAV)) $ 7.6958 / $ 13.1296
Distribution Frequency Annually

Daily Prices

Unit Price as of
(Jan 18, 2019)
1 Day Change 1 Day % Change
Market Price $ 8.51 $ 0.05 0.59%
Price (NAV) $ 8.4939 $ 0.0511 0.61%

Performance

Annualized Performance

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

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -33.76% -4.62% 12.48% -6.97% - -5.53%
Index -33.87% -4.82% 12.50% -6.86% - -5.23%
Calendar Performance

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

YTD 2017 2016 2015 2014 2013 2012 2011 2010 2009
NAV -33.76% 37.34% 56.43% -45.86% -9.56% -6.97% -9.77% -32.88% 42.81% 5.64%
Index -33.87% 37.00% 57.16% -45.82% -9.14% -6.40% -9.28% -32.69% 43.96% 5.78%
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 -33.76% -8.84% -22.41% -25.82% -33.76% -9.03% 42.30% -30.33% - -40.78%
Index -33.87% -8.83% -22.57% -26.13% -33.87% -9.41% 42.38% -29.91% - -39.00%

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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 - - -
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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

98.00%

Cash and Cash Equivalents

2.00%

Number of Holdings

29

Total Net Assets

$ 19,575,891.00


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Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
5.12% HUDBAY MINERALS INC CA4436281022 HBM 133,726 CAD 1,002,945 - Stock
4.48% RIO TINTO PLC US7672041008 - 12,782 USD 876,233 - Stock
4.33% BHP GROUP LTD US0886061086 BHP 13,292 USD 847,672 - Stock
4.27% BHP GROUP PLC US05545E2090 BBL 15,026 USD 836,378 - Stock
4.03% TECK RESOURCES LTD CA8787422044 TECK/B 25,765 CAD 789,182 - Stock
3.91% ALLEGHENY TECHNOLOGIES INC US01741R1023 ATI 22,651 USD 765,863 - Stock
3.85% KAISER ALUMINUM CORP US4830077040 KALU 5,634 USD 753,074 - Stock
3.84% NEXA RESOURCES SA LU1701428291 NEXA 55,571 USD 751,721 - Stock
3.81% LUXFER HOLDINGS PLC GB00BNK03D49 LXFR 28,678 USD 746,554 - Stock
3.79% IVANHOE MINES LTD CA46579R1047 IVN 316,842 CAD 741,410 - Stock
3.79% NEMASKA LITHIUM INC CA64045C1068 NMX 1,160,143 CAD 742,492 - Stock
3.77% FREEPORT-MCMORAN INC US35671D8570 - 44,240 USD 737,631 - Stock
3.76% LUNDIN MINING CORP CA5503721063 - 123,663 CAD 737,031 - Stock
3.65% HAYNES INTERNATIONAL INC US4208772016 HAYN 17,093 USD 715,219 - Stock
3.58% MUELLER INDUSTRIES INC US6247561029 MLI 20,900 USD 700,277 - Stock
3.49% VEDANTA LTD US92242Y1001 VEDL 45,588 USD 683,854 - Stock
3.38% CENTURY ALUMINUM CO US1564311082 CENX 53,485 USD 661,022 - Stock
3.34% FIRST QUANTUM MINERALS LTD CA3359341052 FM 51,438 CAD 653,263 - Stock
3.21% SOUTHERN COPPER CORP US84265V1052 SCCO 14,677 USD 629,129 - Stock
3.15% GLOBAL BRASS & COPPER HOLDINGS INC US37953G1031 BRSS 16,268 USD 617,423 - Stock
3.15% TREDEGAR CORP US8946501009 TG 27,355 USD 615,881 - Stock
3.13% COMPASS MINERALS INTERNATIONAL INC US20451N1019 CMP 9,502 USD 612,910 - Stock
3.13% TURQUOISE HILL RESOURCES LTD CA9004351081 TRQ 283,764 CAD 612,930 - Stock
3.07% CARPENTER TECHNOLOGY CORP US1442851036 CRS 10,394 USD 601,318 - Stock
2.97% CONSTELLIUM NV NL0010489522 CSTM 52,875 USD 581,888 - Stock
2.82% ALCOA CORP US0138721065 AA 14,188 USD 551,288 - Stock
1.96% TREVALI MINING CORP CA89531J1093 TV 1,095,648 CAD 383,477 - Stock
1.21% FERROGLOBE PLC GB00BYW6GV68 GSM 75,693 USD 237,139 - Stock
2.00% CASH - - 1 CAD 390,693 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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