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BMO MSCI Europe High Quality Hedged to CAD Index ETF - ZEQ

ETF Overview

The fund has been designed to replicate, to the extent possible, the performance of the MSCI Europe Quality 100% Hedged to CAD Index, net of expenses.

The fund invests in European equity markets, while screening for high return on equity (ROE), stable year-over-year earnings growth and low financial leverage.

The manager may use a sampling methodology in selecting investments for the fund.

The fund may also invest in or hold securities intended to replicate the performance of the index.

The foreign currency exposure is hedged back to the Canadian dollar.

Additional Index Information

MSCI Europe Quality 100% Hedged to CAD Index is based on the MSCI Europe Index, its parent index, which includes large and mid cap stocks across the Developed Markets (DM) countries in Europe.

The index aims to capture the performance of quality growth stocks by identifying stocks with high quality scores based on three main fundamental variables: high return on equity (ROE), stable year-over-year earnings growth and low financial leverage.

All securities eligible for inclusion in the index are weighted by the product of their market cap weight in the parent index and their quality score.

Issuer weights are capped at 5%.

The index is rebalanced semi-annually, as of the close of the last business day of November and May.

Key ETF Data

Fundamentals
Category (main) European Equity: Broad Equities
Underlying Index MSCI Europe Quality 100% Hedged to CAD Index
ETF Structure Passive type. Aims to track Fundamental index
Asset Class Equity
Sub-Asset Class European Broad Equities
Region Europe
Issuer BMO
ETF Home Page Available here
Fund Facts
Inception Date Feb 10, 2014
Total Holdings 123
Distribution Frequency Quarterly
Leverage None
Significant Currency Exposure Yes
Currency Hedging Yes
Fees
Management Fee 0.40% *
Management Expense Ratio (MER) 0.45%
Trading Information
Ticker ZEQ
Exchange TSX (Toronto Stock Exchange)
Currency CAD
Eligibility
Eligibility * RRSP, RRIF, RESP, TFSA, DPSP, RDSP
DRIP available ** Yes
PACC Plan available ** Unknown
SWP available ** Unknown

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar

ETF Analysis

Canada ETFs's analysis of this ETF will be available soon.