BMO Growth ETF (ZGRO.TO) TSX

16.76

+0.03(+0.18%)

Updated at September 08 03:50PM

Currency In CAD

BMO Growth ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

February 15, 2019

Key Executives

N/A

Description

The fund aims to provide long-term capital appreciation through a strategic asset allocation strategy. The strategy allocates exposure to global equity and fixed income securities primarily via other BMO ETFs. Equity funds are expected to make up 80% of the holdings as compared to the 20% occupied by fixed income funds. Alternatively, the fund may also obtain its exposure by directly investing in equity and fixed income securities, in mutual funds and/or in derivatives. ZGRO s risk profile is based on the BMO ETFs returns and a blend of the returns of 55% MSCI World Total Return Index, 25% S&P TSX Capped Composite Total Return Index and 20% FTSE Canada Universe Bond Index.