Key stats
About BMO MSCI USA SELECTION EQUITY CAD UNITS
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Inception date
Jan 15, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
The fund holds a basket of companies that score highly on environmental, social, and governance (ESG) factors. The funds index uses MSCIs ESG rating methodology to assign a score to all US large- and mid-cap stocks. The index automatically screens out companies involved in severe business controversies as well as those companies engaged in alcohol, tobacco, gambling, weapons and nuclear power. The fund may include US companies outside the MSCI ESG Leaders Index as long as it has a BB MSCI ESG Rating and an MSCI ESG Controversies Score of 3 or above. At triannual rebalance, the fund selects about half the available market cap in each sector, emphasizing higher ESG ratings, larger firms, and current constituents. Although the funds performance may still vary significantly from the broader market at times, ESGY is still a suitable core US equity investment providing a broad ESG take on the US equity market.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ESGY trades at 57.44 CAD today, its price has risen 1.07% in the past 24 hours. Track more dynamics on ESGY price chart.
ESGY net asset value is 57.63 today — it's risen 5.64% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ESGY assets under management is 162.08 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ESGY price has risen by 5.76% over the last month, and its yearly performance shows a 10.65% increase. See more dynamics on ESGY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.64% over the last month, showed a −0.16% decrease in three-month performance and has increased by 12.93% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.64% over the last month, showed a −0.16% decrease in three-month performance and has increased by 12.93% in a year.
ESGY fund flows account for −1.82 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ESGY invests in stocks. See more details in our Analysis section.
ESGY expense ratio is 0.23%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ESGY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ESGY technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ESGY shows the buy signal. See more of ESGY technicals for a more comprehensive analysis.
Today, ESGY technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ESGY shows the buy signal. See more of ESGY technicals for a more comprehensive analysis.
Yes, ESGY pays dividends to its holders with the dividend yield of 0.79%.
ESGY trades at a premium (0.34%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ESGY shares are issued by Bank of Montreal
ESGY follows the MSCI USA Selection Index - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 15, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.