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About BMO US EQUITY BUFFER HEDGED TO CAD ETF - JANUARY
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Inception date
Jan 26, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Primary advisor
BMO Asset Management, Inc.
This fund seeks to match the upside return of a US, large cap index, up to a cap, while providing a buffer for the first 15% of losses. Currently, the ETF primarily invests in BMO S&P 500 Index ETF and uses derivative instruments to hedge back to the Canadian dollar. Investors who buy ZJAN shares at any other time than the annual reset day may have a very different protection level and buffer zone. The fund must be held to the end of the period to pursue the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund resets over a period of approximately one year from the start of January of each year.
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
ETF
Bonds, Cash & Other100.00%
ETF100.23%
Cash0.09%
Miscellaneous−0.32%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
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
ZJAN top holdings are BMO S&P 500 Hedged To CAD Index ETF and BMO Money Market Fund Trust Units Series -ETF-, occupying 99.76% and 0.47% of the portfolio correspondingly.
ZJAN assets under management is 81.02 M CAD. It's risen 1.78% over the last month.
ZJAN fund flows account for 60.91 M 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, ZJAN doesn't pay dividends to its holders.
ZJAN shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Jan 26, 2024, and its management style is Active.
ZJAN expense ratio is 0.73% meaning you'd have to pay 0.73% of your investment to help manage the fund.
ZJAN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZJAN invests in funds.
ZJAN price has risen by 1.66% over the last month, and its yearly performance shows a 8.42% increase. See more dynamics on ZJAN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.56% over the last month, showed a 8.01% increase in three-month performance and has increased by 3.87% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.56% over the last month, showed a 8.01% increase in three-month performance and has increased by 3.87% in a year.
ZJAN trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.