BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB.TO)

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BMO Equal Weight US Banks Hedged to CAD Index ETF logo

BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB.TO)

Country: CanadaSector: Financial ServicesIndustry: Asset ManagementExchange: TSX

Company overview

The fund is passively managed to provide exposure to the large-cap banking segment of the US financials sector. This includes commercial banks, savings institutions, and diversified investment. 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.

Websitebmo.com
SectorFinancial Services
IndustryAsset Management
CountryCanada
Trades inCAD
Current price
42.04+0.02%
Benchmarks

No price history available.

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB.TO)

ZUB.TO · TSX · Financial Services
42.04+0.02%
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No price history available.

About

The fund is passively managed to provide exposure to the large-cap banking segment of the US financials sector. This includes commercial banks, savings institutions, and diversified investment. 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.

Websitebmo.com
SectorFinancial Services
IndustryAsset Management
CountryCanada
Trades inCAD

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

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