BMO US Dividend Hedged to CAD ETF (ZUD.TO) TSX

33.27

-0.08(-0.24%)

Updated at October 03 09:30AM

Currency In CAD

BMO US Dividend Hedged to CAD ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

March 27, 2013

Key Executives

N/A

Description

The fund seeks to income generation and long-term capital growth by using a dividend strategy on the US equity market. It seeks to identify high yielding dividend equities, while screening for dividend sustainability and historical growth. A proprietary, rules-based methodology is applied on large-, mid-, and small-cap US dividend payers. Eligible securities are screened for positive 3-year dividend growth rate and dividend payout sustainability, and then ranked by dividend yield. The top 100 yielding companies that pass both screens make up the portfolio. The resulting portfolio is weighted by yield, subject to a 25% sector cap and a 10% single security cap. The portfolio is rebalanced and reconstituted annually in June and December, respectively.