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Overview

Fund Profile

Key Facts

Fund Ticker ZPW.U
Net Assets (Mn)
(Mar 22, 2019)
$ 15.44
Base Currency USD
Closing Market Price $ 17.29
12-Month Low/High (Market Price) $ 16.84 / $ 18.84
Closing NAV Price
(Mar 22, 2019)
$ 17.1593
12-Month Low/High (Price (NAV)) $ 16.7350 / $ 18.8000
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.

6.60%
Maximum Annual Management Fee 0.65%
Management Expense Ratio 0.72%
Market Volume 702
Distribution Frequency Monthly
Options Available No
Inception Date Sep 02, 2015
Fiscal Year-End December 31
Units Outstanding (000's) 900
Index -
Market Cap ($Bn)
(Feb 28, 2019)
-
Exchange TSX
CUSIP 05581B200
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO US Put Write ETF (U.S. Dollar Units) has been designed to deliver an alternative income exposure by writing put options on an underlying portfolio of U.S. large cap equities. The ETF writes short-dated out-of-the-money put options by analyzing the available option premiums, while investing the portfolio in cash equivalents. The ETF may be subject to a loss if the stock prices decline significantly over the option period.

Fund Benefits

  • Designed for investors looking for consistent income
  • Alternative strategy invested in short term bonds and exposed to U.S. equity market downside volatility
  • Put option writing generates income
  • Purchased in U.S. currency
  • 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)
$ 15.44
Market Price $ 17.29
12-Month Low/High (Market Price) $ 16.84 / $ 18.84
Price (NAV) $ 17.1593
12-Month Low/High (Price (NAV)) $ 16.7350 / $ 18.8000
Distribution Frequency Monthly

Daily Prices

Unit Price as of
(Mar 22, 2019)
1 Day Change 1 Day % Change
Market Price $ 17.29 - -
Price (NAV) $ 17.1593 $ -0.1451 -0.84%

Performance

Annualized Performance

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

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -2.01% 1.02% 2.45% - - 2.39%
Index - - - - - -
Calendar Performance

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

YTD 2018 2017 2016 2015
NAV 2.70% -4.85% 5.36% 3.74% 1.68%
Index - - - - -
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 2.70% 0.50% -1.01% -4.90% -2.01% 2.05% 7.52% - - 8.60%
Index - - - - - - - - - -

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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
Jan, 2019 Jan 29, 2019 Jan 30, 2019 Feb 04, 2019 0.095000 0.000000 0.095000
Feb, 2019 Feb 26, 2019 Feb 27, 2019 Mar 04, 2019 0.095000 0.000000 0.095000
Mar, 2019 Mar 27, 2019 Mar 28, 2019 Apr 02, 2019 0.095000 0.000000 0.095000
Apr, 2019 Apr 26, 2019 Apr 29, 2019 May 02, 2019 - - -
May, 2019 May 29, 2019 May 30, 2019 Jun 04, 2019 - - -
Jun, 2019 Jun 26, 2019 Jun 27, 2019 Jul 03, 2019 - - -
Jul, 2019 Jul 29, 2019 Jul 30, 2019 Aug 02, 2019 - - -
Aug, 2019 Aug 28, 2019 Aug 29, 2019 Sep 04, 2019 - - -
Sep, 2019 Sep 26, 2019 Sep 27, 2019 Oct 02, 2019 - - -
Oct, 2019 Oct 29, 2019 Oct 30, 2019 Nov 04, 2019 - - -
Nov, 2019 Nov 27, 2019 Nov 28, 2019 Dec 03, 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

-

Cash and Cash Equivalents

100.00%

Number of Holdings

54

Total Net Assets

$ 15,443,352.00


Download Holdings (Excel)
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Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
101.53% UNITED STATES TREASURY BILL 20Jun19 US912796QM42 - 133,250,000 USD 177,890,547 - Cash and Cash Equivalents
0.00% HES PUT 49 22MAR19 - - -61,000 USD 0 - Cash and Cash Equivalents
0.00% DATA PUT 110 22MAR19 - - -23,000 USD 0 - Cash and Cash Equivalents
0.00% LULU PUT 138 22MAR19 - - -17,000 USD 0 - Cash and Cash Equivalents
0.00% WYNN PUT 109 22MAR19 - - -21,500 USD 0 - Cash and Cash Equivalents
0.00% MU PUT 32 22MAR19 - - -74,500 USD 0 - Cash and Cash Equivalents
0.00% APA PUT 29.5 22MAR19 - - -78,500 USD 0 - Cash and Cash Equivalents
0.00% EOG PUT 90 22MAR19 - - -26,000 USD 0 - Cash and Cash Equivalents
0.00% MYL PUT 28.5 22MAR19 - - -84,000 USD 0 - Cash and Cash Equivalents
0.00% SPLK PUT 114 22MAR19 - - -20,500 USD 0 - Cash and Cash Equivalents
0.00% CC PUT 34.5 22MAR19 - - -70,000 USD 0 - Cash and Cash Equivalents
0.00% BHC PUT 21 29MAR19 - - -115,000 USD -2,456 - Cash and Cash Equivalents
0.00% NTES PUT 200 5APR19 - - -12,000 USD -4,794 - Cash and Cash Equivalents
0.00% TWLO PUT 101 29MAR19 - - -23,500 USD -139 - Cash and Cash Equivalents
0.00% EW PUT 155 18APR19 - - -17,000 USD -2,395 - Cash and Cash Equivalents
-0.01% PXD PUT 134 29MAR19 - - -18,000 USD -17,691 - Cash and Cash Equivalents
-0.01% AA PUT 26 29MAR19 - - -92,500 USD -11,584 - Cash and Cash Equivalents
-0.01% DHI PUT 37 18APR19 - - -65,500 USD -25,308 - Cash and Cash Equivalents
-0.01% DISH PUT 28.5 29MAR19 - - -84,500 USD -10,803 - Cash and Cash Equivalents
-0.01% MS PUT 40 29MAR19 - - -60,000 USD -17,170 - Cash and Cash Equivalents
-0.01% NRG PUT 38.5 5APR19 - - -61,500 USD -18,837 - Cash and Cash Equivalents
-0.01% CBOE PUT 90 5APR19 - - -29,000 USD -14,794 - Cash and Cash Equivalents
-0.01% EIX PUT 55 18APR19 - - -45,000 USD -18,032 - Cash and Cash Equivalents
-0.01% SCCO PUT 33.56 18APR19 - - -80,000 USD -21,627 - Cash and Cash Equivalents
-0.02% MNST PUT 54 22MAR19 - - -43,500 USD -28,620 - Cash and Cash Equivalents
-0.02% ENDP PUT 8 29MAR19 - - -250,000 USD -42,158 - Cash and Cash Equivalents
-0.02% FLR PUT 34 29MAR19 - - -71,000 USD -42,878 - Cash and Cash Equivalents
-0.02% TEAM PUT 95 18APR19 - - -28,500 USD -27,129 - Cash and Cash Equivalents
-0.02% WDAY PUT 175 18APR19 - - -15,500 USD -36,079 - Cash and Cash Equivalents
-0.02% JD PUT 26 5APR19 - - -104,000 USD -31,744 - Cash and Cash Equivalents
-0.02% ALGN PUT 237.5 12APR19 - - -12,500 USD -27,862 - Cash and Cash Equivalents
-0.02% TWTR PUT 29 18APR19 - - -103,000 USD -37,444 - Cash and Cash Equivalents
-0.03% SGEN PUT 65 18APR19 - - -41,000 USD -46,543 - Cash and Cash Equivalents
-0.03% STZ PUT 160 18APR19 - - -16,500 USD -58,986 - Cash and Cash Equivalents
-0.04% DVA PUT 50 18APR19 - - -60,000 USD -76,422 - Cash and Cash Equivalents
-0.04% FL PUT 54.5 12APR19 - - -55,000 USD -78,497 - Cash and Cash Equivalents
-0.05% HFC PUT 52 22MAR19 - - -46,500 USD -86,785 - Cash and Cash Equivalents
-0.05% PHM PUT 26 18APR19 - - -92,500 USD -79,641 - Cash and Cash Equivalents
-0.05% OKTA PUT 75 18APR19 - - -40,000 USD -90,499 - Cash and Cash Equivalents
-0.06% KNX PUT 30 18APR19 - - -80,000 USD -100,133 - Cash and Cash Equivalents
-0.06% CF PUT 40 29MAR19 - - -60,000 USD -109,787 - Cash and Cash Equivalents
-0.06% W PUT 145 18APR19 - - -20,500 USD -102,180 - Cash and Cash Equivalents
-0.07% AAL PUT 31.5 29MAR19 - - -76,000 USD -120,340 - Cash and Cash Equivalents
-0.08% KR PUT 25.5 22MAR19 - - -92,500 USD -144,072 - Cash and Cash Equivalents
-0.08% Z PUT 35 5APR19 - - -71,000 USD -139,053 - Cash and Cash Equivalents
-0.08% ALB PUT 85 18APR19 - - -28,000 USD -136,221 - Cash and Cash Equivalents
-0.09% XPO PUT 47.5 18APR19 - - -82,000 USD -157,160 - Cash and Cash Equivalents
-0.10% GRUB PUT 65 26APR19 - - -46,000 USD -178,789 - Cash and Cash Equivalents
-0.13% AMG PUT 105 18APR19 - - -23,000 USD -228,447 - Cash and Cash Equivalents
-0.13% HUN PUT 23 18APR19 - - -113,000 USD -230,116 - Cash and Cash Equivalents
-0.16% SIVB PUT 230 18APR19 - - -10,500 USD -273,349 - Cash and Cash Equivalents
-0.20% URI PUT 124 29MAR19 - - -19,500 USD -342,499 - Cash and Cash Equivalents
-0.21% GPS PUT 27 18APR19 - - -99,500 USD -369,981 - Cash and Cash Equivalents
0.52% CASH - - 1 CAD 907,811 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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