Key stats
About BMO EQUAL WEIGHT BANKS INDEX ETF CAD UNITS
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Inception date
Oct 20, 2009
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
The fund is passively managed to provide exposure to the Canadian banking industry, which encompasses both major banks and regional banks. To be eligible for inclusion, companies should be TSX-listed and must meet investability and liquidity requirements, including a minimum market capitalization of CAD 10 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.
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
Stocks99.70%
Finance99.70%
Bonds, Cash & Other0.30%
Cash0.30%
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