Description

The BMO MSCI EAFE Index ETF is structured to closely track the performance of the MSCI EAFE Index, after deducting all associated expenses. Its holdings are concentrated in developed stock markets globally, specifically omitting companies based in Canada and the United States. The fund's manager has the discretion to employ a sampling strategy when choosing portfolio components, or alternatively, it may acquire or retain other financial instruments engineered to duplicate the Index's returns. Moreover, should ZEA invest in other exchange-traded funds, its management fee is reduced by any fees already levied by those underlying ETFs.