Key stats
About BMO CANADIAN DIVIDEND ETF CAD UNITS
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Inception date
Oct 21, 2011
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
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
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
Finance
Industrial Services
Utilities
Stocks99.54%
Finance37.82%
Industrial Services11.20%
Utilities10.03%
Energy Minerals9.37%
Communications7.86%
Non-Energy Minerals6.34%
Transportation4.72%
Retail Trade4.46%
Technology Services3.18%
Process Industries2.91%
Producer Manufacturing1.11%
Consumer Non-Durables0.54%
Bonds, Cash & Other0.46%
Cash0.26%
Government0.20%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history