BMO US Dividend Hedged to CAD ETF (ZUD.TO) TSX
37.34
+0.07(+0.19%)
Currency In CAD
- General
- Statistics
- Historical Data
- Profile
- Financials
37.34
+0.07(+0.19%)
Currency In CAD
Address
100 King St. West, 43rd Floor
Toronto, ON M5X 1A1
Canada
Phone
1-800-361-1392
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
March 27, 2013
BMO US Dividend Hedged to CAD ETF has been designed to provide exposure to a yield weighted portfolio of U.S. dividend paying stocks. The ETF utilizes a rules based methodology that considers the three year dividend growth rate, yield, and payout ratio to invest in U.S. equities. Securities will also be subject to a liquidity screen process. The underlying portfolio is rebalanced in May and reconstituted in November. The U.S. dollar currency exposure is hedged back to Canadian dollars. In addition, as ZUD is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.