Key stats
About BMO MSCI CANADA VALUE INDEX ETF CAD UNITS
Expense ratio
0.40%
Home page
Inception date
Oct 4, 2017
The fund is passively managed to target the value segment of the Canada equity market. Eligible large- and mid-cap securities are selected for higher value characteristics relative to peers within each GICS sector. The value score is based on three fundamental factors: price-to-book value, price-to-forwards earnings, and enterprise value-to-cash flow from operations. The resulting portfolio holds at least 25 securities, which are weighted by value score, scaled by market capitalization. Single security weights are capped at 10%. Weights are also normalized to maintain sector weights in the parent index. The index is rebalanced on a semi-annual basis.
Classification
What's in the fund
Exposure type
Finance
Energy Minerals
Transportation
Stock breakdown by region