Key stats
About BMO GOLD BULLION HEDGED CAD ETF CAD UNITS
Home page
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
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF98.82%
Cash1.18%
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.
Related funds
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.
ZGLH trades at 46.13 CAD today, its price has risen 0.82% in the past 24 hours. Track more dynamics on ZGLH price chart.
ZGLH net asset value is 46.24 today — it's fallen 0.46% 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.
ZGLH assets under management is 78.67 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.
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 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.
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.
ZGLH invests in funds. See more details in our Analysis section.
ZGLH 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, ZGLH 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, ZGLH technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZGLH shows the sell signal. See more of ZGLH technicals for a more comprehensive analysis.
Today, ZGLH technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZGLH shows the sell signal. See more of ZGLH technicals for a more comprehensive analysis.
No, ZGLH doesn't pay dividends to its holders.
ZGLH trades at a premium (0.57%).
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.
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.
ZGLH shares are issued by Bank of Montreal
ZGLH 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.