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About BMO CLEAN ENRGY INDEX ETF CAD UNITS
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Inception date
Jan 20, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
The fund holds a narrow portfolio of all-cap, global clean energy companies, which it defines as those involved in the biofuels, ethanol, geothermal, hydroelectric, solar, and wind industries. Aside from holding the companies that produce energy through these means, ZCLN also includes companies that develop technology and equipment used in the process. To hone in on the clean energy theme, ZCLN takes large concentrated positions in about 30 companies, which are then weighted by market-cap and rebalanced on a quarterly basis.
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
Utilities
Electronic Technology
Producer Manufacturing
Stocks98.15%
Utilities59.63%
Electronic Technology21.63%
Producer Manufacturing15.73%
Industrial Services0.51%
Process Industries0.48%
Finance0.17%
Bonds, Cash & Other1.85%
UNIT1.35%
Cash0.50%
Miscellaneous0.00%
Stock breakdown by region
Europe30.84%
Asia27.29%
North America25.80%
Latin America13.95%
Oceania1.22%
Middle East0.90%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZCLN invests in stocks. The fund's major sectors are Utilities, with 59.63% stocks, and Electronic Technology, with 21.63% of the basket. The assets are mostly located in the Europe region.
ZCLN top holdings are First Solar, Inc. and SSE PLC, occupying 7.10% and 6.39% of the portfolio correspondingly.
ZCLN last dividends amounted to 0.27 CAD. The year before, the issuer paid 0.22 CAD in dividends, which shows a 17.91% increase.
ZCLN assets under management is 52.01 M CAD. It's risen 4.65% over the last month.
ZCLN fund flows account for −9.00 M 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, ZCLN pays dividends to its holders with the dividend yield of 1.97%. The last dividend (Jan 3, 2025) amounted to 0.27 CAD. The dividends are paid annually.
ZCLN shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Jan 20, 2021, and its management style is Passive.
ZCLN expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
ZCLN follows the S&P Global Clean Energy Transition. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZCLN invests in stocks.
ZCLN price has risen by 7.86% over the last month, and its yearly performance shows a −16.10% decrease. See more dynamics on ZCLN price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.12% increase in three-month performance and has decreased by −12.93% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.12% increase in three-month performance and has decreased by −12.93% in a year.
ZCLN trades at a premium (0.50%) meaning the ETF is trading at a higher price than the calculated NAV.