BAN
BMO Global Banks Hedged to CAD Index ETF
ETF
ETF
ISIN: CA05583Q1063
Ticker: BANK
CA05583Q1063
BANK
Price
Price
CHART BY
Data
TER
- 0.4%
Fund Volume
- $3.16M
Asset Class
- Equity
Distributing
- Yes
Replication Method
- Physical Full
Region
- unclassified
Country Based
- Canada
Region Breakdown
🇺🇸
USA31.67%🇨🇦
Canada14.69%🇦🇺
Australia10.8%🇬🇧
United Kingdom10.15%🏳️
Other8.82%🇯🇵
Japan8.24%🇪🇸
Spain4.56%🇫🇷
France3.39%🇸🇬
Singapore3.15%🇮🇹
Italy2.74%🇳🇱
Netherlands1.79%
Sector Breakdown
- Financials99.97%
- Other0.03%
Frequently asked questions
What is the Total Expense Ratio (TER) of BMO Global Banks Hedged to CAD Index ETF?
The total expense ratio (TER) of BMO Global Banks Hedged to CAD Index ETF is 0.4%. The TER represents the annual fees charged by the ETF provider, covering management costs and operational expenses. A lower TER can enhance your investment returns over time.
What is the fund volume of BMO Global Banks Hedged to CAD Index ETF?
BMO Global Banks Hedged to CAD Index ETF has a fund volume of $3.16M. Fund volume indicates the total assets under management (AUM) and reflects the ETF's size and liquidity. Larger fund volumes generally offer better liquidity and tighter bid-ask spreads.
What is the replication method used by BMO Global Banks Hedged to CAD Index ETF?
BMO Global Banks Hedged to CAD Index ETF uses a physical full replication method. In this approach, the ETF purchases all the securities in the underlying index in the exact proportions as the index. This ensures the most precise tracking of the index's performance since the ETF's holdings mirror the index completely.
In which country is BMO Global Banks Hedged to CAD Index ETF domiciled?
BMO Global Banks Hedged to CAD Index ETF is domiciled in Canada. The domicile country can affect tax implications and regulatory oversight, which may influence your investment decisions.
Information
BMO Global Banks Hedged to CAD Index ETF seeks to replicate, to the extent possible, the performance of a global banks index, net of expenses. Currently, BMO Global Banks Hedged to CAD Index ETF seeks to replicate the performance of the Russell Developed Large Cap Banks Capped 100% Hedged to CAD Index.
Identifier
- ISIN
- CA05583Q1063
- Primary Ticker
- BANK