Key stats
About BMO GOLD BULLION HEDGED CAD ETF CAD UNITS
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Inception date
Mar 8, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
The fund is a fund-of-fund that provides exposure to physical gold bullion in 400 troy ounce international bar sizes. The underlying 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. The fund utilizes derivative instruments to hedge foreign currency exposure of the underlying fund back to the Canadian dollar.
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
ETF
Bonds, Cash & Other100.00%
ETF98.82%
Cash1.18%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZGLH assets under management is 78.67 M CAD. It's fallen 8.02% over the last month.
ZGLH fund flows account for 75.27 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.
No, ZGLH doesn't pay dividends to its holders.
ZGLH shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Mar 8, 2024, and its management style is Passive.
ZGLH expense ratio is 0.23% meaning you'd have to pay 0.23% of your investment to help manage the fund.
ZGLH follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZGLH invests in funds.
ZGLH price has fallen by −3.18% over the last month, and its yearly performance shows a 33.02% increase. See more dynamics on ZGLH price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.46% over the last month, have fallen by −0.46% over the last month, showed a 11.69% increase in three-month performance and has increased by 25.18% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.46% over the last month, have fallen by −0.46% over the last month, showed a 11.69% increase in three-month performance and has increased by 25.18% in a year.
ZGLH trades at a premium (0.57%) meaning the ETF is trading at a higher price than the calculated NAV.