BMO CANADIAN DIVIDEND ETF CANADIAN DIVIDEND ETF CADBMO CANADIAN DIVIDEND ETF CANADIAN DIVIDEND ETF CADBMO CANADIAN DIVIDEND ETF CANADIAN DIVIDEND ETF CAD

BMO CANADIAN DIVIDEND ETF CANADIAN DIVIDEND ETF CAD

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Key stats

Assets under management (AUM)
‪965.04 M‬CAD
Fund flows (1Y)
‪−44.31 M‬CAD
Dividend yield (indicated)
4.30%
Discount/Premium to NAV
−0.4%

About BMO CANADIAN DIVIDEND ETF CANADIAN DIVIDEND ETF CAD

Issuer
Bank of Montreal
Brand
BMO
Expense ratio
0.40%
Home page
Inception date
Oct 21, 2011
Index tracked
No Underlying Index
Management style
Active
The fund seeks income generation and long-term capital growth by using a dividend strategy on the Canadian equity market. It seeks to identify high yielding dividend equities, while screening for dividend sustainability and historical growth. A proprietary, rules-based methodology is applied on large-, mid-, and small-cap Canadian dividend payers. Eligible securities are screened for positive 3-year dividend growth rate and dividend payout sustainability, and then ranked by dividend yield. The top 50 yielding companies that pass both screens make up the portfolio. The resulting portfolio is weighted by yield, subject to a 35% sector cap and a 10% single security cap. The portfolio is rebalanced and reconstituted annually in June and December, respectively.

Classification

Asset Class
Equity
Category
High dividend yield
Focus
High dividend yield
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Industrial Services
Stock breakdown by region
100%
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