BMO EQUAL WEIGHT UTILS INDEX ETF CAD UNITSBMO EQUAL WEIGHT UTILS INDEX ETF CAD UNITSBMO EQUAL WEIGHT UTILS INDEX ETF CAD UNITS

BMO EQUAL WEIGHT UTILS INDEX ETF CAD UNITS

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Key stats


Assets under management (AUM)
‪591.19 M‬CAD
Fund flows (1Y)
‪59.34 M‬CAD
Dividend yield (indicated)
3.73%
Discount/Premium to NAV
−0.10%
Shares outstanding
‪24.45 M‬
Expense ratio
0.63%

About BMO EQUAL WEIGHT UTILS INDEX ETF CAD UNITS


Brand
BMO
Home page
Inception date
Jan 19, 2010
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Solactive Equal Weight Canada Utilities Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
The fund is passively managed to provide exposure to the utilities sector in Canada. To be eligible for inclusion, companies should be TSX-listed and must meet investability and liquidity requirements, including a minimum market capitalization of CAD 1 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.

Classification


Asset Class
Equity
Category
Sector
Focus
Utilities
Niche
Broad-based
Strategy
Equal
Geography
Canada
Weighting scheme
Equal
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Utilities
Stock breakdown by region
100%
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 ZUT 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.
ZUT trades at 24.12 CAD today, its price has fallen −0.25% in the past 24 hours. Track more dynamics on ZUT price chart.
ZUT net asset value is 24.14 today — it's risen 4.45% 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.
ZUT assets under management is ‪591.19 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.
ZUT price has risen by 4.60% over the last month, and its yearly performance shows a 18.64% increase. See more dynamics on ZUT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.45% over the last month, showed a 9.03% increase in three-month performance and has increased by 23.70% in a year.
ZUT fund flows account for ‪59.34 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.
ZUT invests in stocks. See more details in our Analysis section.
ZUT expense ratio is 0.63%. 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, ZUT 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, ZUT 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 ZUT shows the strong buy signal. See more of ZUT technicals for a more comprehensive analysis.
Yes, ZUT pays dividends to its holders with the dividend yield of 3.73%.
ZUT trades at a premium (0.10%).
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.
ZUT shares are issued by Bank of Montreal
ZUT follows the Solactive Equal Weight Canada Utilities Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 19, 2010.
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.