Key stats
About BMO DJ INDUSTRIAL AVG HED CAD IDX E DOW JONES IND AVERAGE INDEX ETF HGD CAD
Expense ratio
0.26%
Home page
Inception date
May 29, 2009
The fund is passively managed to hold 30 US blue-chip companies that are hand-picked by a committee. The index covers all industries except transportation and utilities. However, the fund is not ideal for investors who want broad-based exposure to US large-capsits tiny portfolio, arbitrary selection, and antiquated weighting may produce significant sector biases relative to the market, and cover only a fraction of the large-cap space, typically represented by hundreds of names. Stocks are also price-weighted, not cap-weighted, which can produce major sector realignments when multiple holdings change. ZDJ also comes with a currency hedge for CAD-based investors.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Retail Trade
Electronic Technology
Stock breakdown by region