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Overview

Fund Profile

Key Facts

Fund Ticker ZVC
Net Assets (Mn)
(Mar 22, 2019)
$ 6.08
Base Currency CAD
Closing Market Price $ 20.45
12-Month Low/High (Market Price) $ 17.89 / $ 21.77
Closing NAV Price
(Mar 22, 2019)
$ 20.1306
12-Month Low/High (Price (NAV)) $ 17.5120 / $ 21.7221
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.

2.58%
Maximum Annual Management Fee 0.35%
Management Expense Ratio 0.40%
Market Volume 50
Distribution Frequency Quarterly
Options Available No
Inception Date Oct 04, 2017
Fiscal Year-End December 31
Units Outstanding (000's) 302
Index MSCI Canada Enhanced Value Capped Index
Market Cap ($Bn)
(Feb 28, 2019)
1,293.75
Exchange TSX
CUSIP 05584R103
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO MSCI Canada Value Index ETF has been designed to replicate to the extent possible, the performance of the MSCI Canada Enhanced Value Capped Index, net of expenses. The ETF invests in Canadian companies that have higher value characteristics based on; price-to-book value, price-to-forward earnings and enterprise value-to cash flow from operations. The Fund may also invest in or hold securities intended to replicate the performance of the Index.

Benchmark Info

MSCI Canada Enhanced Value Capped Index is based on the MSCI Canada Index, which includes large and mid-capitalization stocks across Canada. The index aims to capture the performance of securities that exhibit higher value characteristics relative to their peers within the corresponding GICS sector. The index identifies stocks with high value scores based on three fundamental variables: price-to-book value, price-to-forward earnings and enterprise value-to-cash flow from operations. Issuer weights are capped at 10%. The Index is rebalanced semi-annually.

Benefits

  • Designed for investors looking for growth solutions
  • Exposure to value factor Canadian equities
  • 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)
$ 6.08
Market Price $ 20.45
12-Month Low/High (Market Price) $ 17.89 / $ 21.77
Price (NAV) $ 20.1306
12-Month Low/High (Price (NAV)) $ 17.5120 / $ 21.7221
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Mar 22, 2019)
1 Day Change 1 Day % Change
Market Price $ 20.45 - -
Price (NAV) $ 20.1306 $ -0.3029 -1.48%

Performance

Annualized Performance

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

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 2.06% - - - - 2.51%
Index 2.55% - - - - 2.94%
Calendar Performance

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

YTD 2018 2017
NAV 10.90% -11.16% 5.08%
Index 11.03% -10.85% 5.20%
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 10.90% 2.49% 4.69% -3.62% 2.06% - - - - 3.53%
Index 11.03% 2.54% 4.84% -3.40% 2.55% - - - - 4.14%

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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 0.140000 0.000000 0.140000
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 Mar 22, 2019

Stock

99.06%

Cash and Cash Equivalents

0.94%

Number of Holdings

51

Total Net Assets

$ 6,084,474.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
8.13% SUNCOR ENERGY INC CA8672241079 SU 10,941 CAD 494,424 Energy Stock
7.43% CANADIAN NATIONAL RAILWAY CO CA1363751027 CNR 3,889 CAD 451,902 Industrials Stock
6.35% TORONTO-DOMINION BANK/THE CA8911605092 TD 5,222 CAD 386,428 Financials Stock
6.34% ROYAL BANK OF CANADA CA7800871021 RY 3,777 CAD 385,745 Financials Stock
5.76% BANK OF NOVA SCOTIA/THE CA0641491075 BNS 4,906 CAD 350,239 Financials Stock
5.63% MANULIFE FINANCIAL CORP CA56501R1064 MFC 15,311 CAD 342,354 Financials Stock
5.17% CANADIAN NATURAL RESOURCES LTD CA1363851017 CNQ 8,501 CAD 314,707 Energy Stock
4.01% TECK RESOURCES LTD CA8787422044 TECK/B 8,070 CAD 244,118 Materials Stock
3.96% BANK OF MONTREAL CA0636711016 BMO 2,390 CAD 240,769 Financials Stock
3.63% CANADIAN IMPERIAL BANK OF COMMERCE CA1360691010 CM 2,021 CAD 220,855 Financials Stock
3.08% MAGNA INTERNATIONAL INC CA5592224011 MG 2,944 CAD 187,533 Consumer Discretionary Stock
2.25% CGI INC CA12532H1047 GIB/A 1,508 CAD 136,610 Information Technology Stock
2.15% CENOVUS ENERGY INC CA15135U1093 CVE 11,139 CAD 131,106 Energy Stock
2.11% SUN LIFE FINANCIAL INC CA8667961053 SLF 2,553 CAD 128,467 Financials Stock
2.04% TELUS CORP CA87971M1032 T 2,547 CAD 124,294 Communication Services Stock
1.71% OPEN TEXT CORP CA6837151068 OTEX 2,075 CAD 104,310 Information Technology Stock
1.51% POWER CORP OF CANADA CA7392391016 POW 2,964 CAD 91,677 Financials Stock
1.47% GOLDCORP INC CA3809564097 G 6,146 CAD 89,178 Materials Stock
1.46% LOBLAW COS LTD CA5394811015 L 1,353 CAD 88,797 Consumer Staples Stock
1.43% BAUSCH HEALTH COS INC CA0717341071 BHC 2,622 CAD 86,998 Health Care Stock
1.34% FAIRFAX FINANCIAL HOLDINGS LTD CA3039011026 FFH 137 CAD 81,686 Financials Stock
1.31% BARRICK GOLD CORP CA0679011084 ABX 4,336 CAD 79,609 Materials Stock
1.29% NATIONAL BANK OF CANADA CA6330671034 NA 1,283 CAD 78,699 Financials Stock
1.18% TOURMALINE OIL CORP CA89156V1067 TOU 3,358 CAD 71,693 Energy Stock
1.12% BCE INC CA05534B7604 BCE 1,155 CAD 68,341 Communication Services Stock
1.08% GEORGE WESTON LTD CA9611485090 WN 689 CAD 65,627 Consumer Staples Stock
1.07% FIRST QUANTUM MINERALS LTD CA3359341052 FM 4,626 CAD 65,227 Materials Stock
1.04% ATCO LTD/CANADA CA0467894006 ACO/X 1,398 CAD 63,539 Utilities Stock
1.02% IMPERIAL OIL LTD CA4530384086 IMO 1,710 CAD 62,295 Energy Stock
1.01% HUSKY ENERGY INC CA4480551031 HSE 4,503 CAD 61,196 Energy Stock
0.96% CAE INC CA1247651088 CAE 1,980 CAD 58,549 Industrials Stock
0.95% METRO INC CA59162N1096 MRU 1,176 CAD 57,553 Consumer Staples Stock
0.89% HYDRO ONE LTD CA4488112083 H 2,625 CAD 53,944 Utilities Stock
0.85% POWER FINANCIAL CORP CA73927C1005 PWF 1,648 CAD 51,434 Financials Stock
0.82% EMPIRE CO LTD CA2918434077 EMP/A 1,724 CAD 49,806 Consumer Staples Stock
0.80% KINROSS GOLD CORP CA4969024047 K 10,456 CAD 48,934 Materials Stock
0.72% CAMECO CORP CA13321L1085 CCO 2,777 CAD 44,015 Energy Stock
0.63% IA FINANCIAL CORP INC CA45075E1043 IAG 773 CAD 38,178 Financials Stock
0.62% WSP GLOBAL INC CA92938W2022 WSP 524 CAD 37,869 Industrials Stock
0.58% FINNING INTERNATIONAL INC CA3180714048 FTT 1,532 CAD 35,282 Industrials Stock
0.52% BLACKBERRY LTD CA09228F1036 BB 2,604 CAD 31,560 Information Technology Stock
0.51% LUNDIN MINING CORP CA5503721063 LUN 5,196 CAD 31,072 Materials Stock
0.51% ALTAGAS LTD CA0213611001 ALA 1,731 CAD 30,933 Utilities Stock
0.50% CANADIAN TIRE CORP LTD CA1366812024 CTC/A 214 CAD 30,489 Consumer Discretionary Stock
0.49% H&R REAL ESTATE INVESTMENT TRUST CA4039254079 HR-U 1,283 CAD 29,843 Real Estate Stock
0.46% WEST FRASER TIMBER CO LTD CA9528451052 WFT 432 CAD 27,804 Materials Stock
0.44% SEVEN GENERATIONS ENERGY LTD CA81783Q1054 VII 2,543 CAD 27,032 Energy Stock
0.27% SMARTCENTRES REAL ESTATE INVESTMENT TRUST CA83179X1087 SRU-U 478 CAD 16,611 Real Estate Stock
0.25% TURQUOISE HILL RESOURCES LTD CA9004351081 TRQ 6,789 CAD 15,004 Materials Stock
0.21% STARS GROUP INC/THE CA85570W1005 TSGI 566 CAD 13,046 Consumer Discretionary Stock
0.94% CASH - - 1 CAD 57,093 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

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