BMO GOLD BULLION ETF CAD UNITSBMO GOLD BULLION ETF CAD UNITSBMO GOLD BULLION ETF CAD UNITS

BMO GOLD BULLION ETF CAD UNITS

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪956.34 M‬CAD
Fund flows (1Y)
‪740.14 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
0.7%
Shares outstanding
‪19.61 M‬
Expense ratio
0.23%

About BMO GOLD BULLION ETF CAD UNITS


Brand
BMO
Home page
Inception date
Mar 8, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
LBMA Gold Price PM ($/ozt)
Management style
Passive
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
The fund holds physical gold bullion, in 400 troy ounce international bar sizes, which is an efficient way for investors to obtain gold exposure. The fund invests directly in physical gold stored in a Toronto vault under the custody of the Bank of Montreal (BMO). The product structure reduces the difficulties of buying, storing, and insuring physical gold for investors. NAV for the fund is determined using the LBMA PM Gold Price, so the prices reflect the current spot market values, priced in USD. Investors should take currency fluctuations into consideration.

Classification


Asset Class
Commodities
Category
Precious metals
Focus
Gold
Niche
Physically held
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.06%
Cash−0.06%
Top 10 holdings
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
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to ZGLD via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZGLD trades at 49.06 CAD today, its price has fallen −0.14% in the past 24 hours. Track more dynamics on ZGLD price chart.
ZGLD net asset value is 49.17 today — it's risen 0.02% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZGLD assets under management is ‪956.34 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZGLD price has fallen by −3.74% over the last month, and its yearly performance shows a 39.69% increase. See more dynamics on ZGLD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.02% over the last month, showed a 10.00% increase in three-month performance and has increased by 21.88% in a year.
ZGLD fund flows account for ‪740.14 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZGLD expense ratio is 0.23%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ZGLD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ZGLD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZGLD shows the sell signal. See more of ZGLD technicals for a more comprehensive analysis.
No, ZGLD doesn't pay dividends to its holders.
ZGLD trades at a premium (0.71%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZGLD shares are issued by Bank of Montreal
ZGLD follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 8, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.