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BAN

BMO Global Banks Hedged to CAD Index ETF

ETF
ETF
ISIN: CA05583Q1063
Ticker: BANK
CA05583Q1063
BANK

Price

Price

Data

TER

 
0.4%

Fund Volume

 
$3.16M

Asset Class

 
Equity

Distributing

 
Yes

Replication Method

 
Physical Full

Region

 
unclassified

Country Based

 
Canada

Region Breakdown

  • 🇺🇸

    USA
    31.67%

  • 🇨🇦

    Canada
    14.69%

  • 🇦🇺

    Australia
    10.8%

  • 🇬🇧

    United Kingdom
    10.15%

  • 🏳️

    Other
    8.82%

  • 🇯🇵

    Japan
    8.24%

  • 🇪🇸

    Spain
    4.56%

  • 🇫🇷

    France
    3.39%

  • 🇸🇬

    Singapore
    3.15%

  • 🇮🇹

    Italy
    2.74%

  • 🇳🇱

    Netherlands
    1.79%

Sector Breakdown

  • Financials
    99.97%
  • Other
    0.03%

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
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