BMO Equal Weight US Health Care Index ETF (ZHU.TO) TSX

42.90

+0.19(+0.44%)

Updated at October 03 11:48AM

Currency In CAD

BMO Equal Weight US Health Care Index ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

March 04, 2019

Key Executives

N/A

Description

The fund is passively managed to provide exposure to the large-cap segment of the US health care sector. To be eligible for inclusion, companies must meet investability and liquidity requirements, including a minimum market capitalization of $10 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.