Key stats
About BMO MSCI ACWI PAR ALIG CLI EQU IND CAD UNITS
Home page
Inception date
Jan 24, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
The fund employs a climate-conscious approach to investing in global large- and mid-cap stocks. Stocks are selected for their favorable position in the transition to a low-carbon economy while aligning with the Paris Agreement requirements. The fund removes stocks from the MSCI ACWI, the parent index, that are involved with controversial weapons, ESG controversies, tobacco, environmental harm, thermal coal mining, oil and gas, and power generation. The remainder are evaluated based on broad categories for ESG impact: environment, human rights and communities, labor rights and supply chain, customers, and governance. The portfolio is weighted to emphasize those positioned to reduce greenhouse gas intensity. An optimizer is used to maintain sector and country exposure +/- 5% to that of the parent index. The index is rebalanced semi-annually.
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
Technology Services
Electronic Technology
Stocks99.32%
Finance23.78%
Technology Services17.74%
Electronic Technology16.29%
Health Technology9.52%
Retail Trade6.17%
Producer Manufacturing6.14%
Consumer Durables2.51%
Transportation2.49%
Consumer Services2.23%
Utilities1.91%
Industrial Services1.88%
Process Industries1.67%
Consumer Non-Durables1.47%
Commercial Services1.47%
Non-Energy Minerals1.20%
Communications1.03%
Health Services0.77%
Miscellaneous0.63%
Distribution Services0.44%
Bonds, Cash & Other0.68%
Cash0.45%
UNIT0.24%
Stock breakdown by region
North America67.96%
Europe19.26%
Asia9.53%
Oceania1.46%
Middle East0.91%
Latin America0.56%
Africa0.32%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZGRN invests in stocks. The fund's major sectors are Finance, with 23.78% stocks, and Technology Services, with 17.74% of the basket. The assets are mostly located in the North America region.
ZGRN top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 4.47% and 4.47% of the portfolio correspondingly.
ZGRN last dividends amounted to 0.13 CAD. The quarter before, the issuer paid 0.13 CAD in dividends,
ZGRN assets under management is 4.57 M CAD. It's fallen 1.32% over the last month.
ZGRN fund flows account for −81.93 K 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.
Yes, ZGRN pays dividends to its holders with the dividend yield of 1.30%. The last dividend (Apr 2, 2025) amounted to 0.13 CAD. The dividends are paid quarterly.
ZGRN shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Jan 24, 2022, and its management style is Passive.
ZGRN expense ratio is 0.29% meaning you'd have to pay 0.29% of your investment to help manage the fund.
ZGRN follows the MSCI ACWI Climate Paris Aligned Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZGRN invests in stocks.
ZGRN price has fallen by −0.32% over the last month, and its yearly performance shows a 9.79% increase. See more dynamics on ZGRN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.50% over the last month, have fallen by −0.50% over the last month, showed a 2.34% increase in three-month performance and has increased by 12.10% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.50% over the last month, have fallen by −0.50% over the last month, showed a 2.34% increase in three-month performance and has increased by 12.10% in a year.
ZGRN trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.