Description

This BMO exchange-traded fund, ZEM, endeavors to mirror the performance of the MSCI Emerging Markets Index as closely as practicable, net of associated expenditures. The portfolio primarily consists of equity securities from burgeoning global markets. The fund's administrator retains the discretion to employ a sampling method for asset selection. Furthermore, the fund is authorized to hold or acquire financial instruments structured to emulate the index's returns. An important consideration is that any management fees charged by ZEM are reduced by those already incurred on any underlying ETFs it may hold.