Key stats
About BMO GLOBAL EQUITY FUND
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Inception date
Jun 26, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
BMO Investments, Inc.
The fund-of-funds provides broad exposure to the global equity markets. The fund may invest in companies of any market capitalization directly or indirectly through underlying funds managed by BMO or its affiliates. Portfolio allocation is based on a fundamental analysis that identifies undervalued securities with superior earnings growth. In addition, each companys operations, quality of management, and research and development practices are reviewed to assess growth potential. The fund may invest up to 30% of its net assets in securities of underlying funds and up to 100% in foreign securities. Derivatives such as options, futures, forward contracts, and swaps may be used for hedging and non-hedging purposes. The fund may also engage in short selling to manage volatility. Investors should note that the trading costs may increase due to the portfolio managers frequent buying and selling of the funds investments.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Health Technology
Stocks97.33%
Finance21.19%
Electronic Technology18.86%
Technology Services12.72%
Health Technology10.06%
Retail Trade7.23%
Health Services4.17%
Utilities3.59%
Transportation3.50%
Consumer Non-Durables3.37%
Energy Minerals2.85%
Producer Manufacturing2.72%
Non-Energy Minerals2.26%
Consumer Durables1.70%
Consumer Services1.67%
Process Industries1.47%
Bonds, Cash & Other2.67%
ETF2.01%
Cash0.57%
Rights & Warrants0.09%
Stock breakdown by region
North America73.80%
Europe26.20%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BGEQ invests in stocks. The fund's major sectors are Finance, with 21.19% stocks, and Electronic Technology, with 18.86% of the basket. The assets are mostly located in the North America region.
BGEQ top holdings are NVIDIA Corporation and Apple Inc., occupying 5.78% and 4.51% of the portfolio correspondingly.
BGEQ assets under management is 1.08 B CAD. It's risen 4.96% over the last month.
BGEQ fund flows account for 1.08 B CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, BGEQ doesn't pay dividends to its holders.
BGEQ shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Jun 26, 2023, and its management style is Active.
BGEQ expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
BGEQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BGEQ invests in stocks.
BGEQ price has risen by 4.06% over the last month, and its yearly performance shows a 16.02% increase. See more dynamics on BGEQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.44% over the last month, showed a 18.87% increase in three-month performance and has increased by 16.65% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.44% over the last month, showed a 18.87% increase in three-month performance and has increased by 16.65% in a year.
BGEQ trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.