BMO S&P 500 Hedged to CAD Index ETF (ZUE.TO)

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BMO S&P 500 Hedged to CAD Index ETF logo

BMO S&P 500 Hedged to CAD Index ETF (ZUE.TO)

Country: CanadaSector: Financial ServicesIndustry: Asset Management - GlobalExchange: TSX

Company overview

The BMO S&P 500 Hedged to CAD Index ETF (ZUE) is designed to closely track the performance of the S&P 500 Hedged to Canadian Dollars Index, net of its operating expenses. The ETF accomplishes this by investing directly in the constituent securities of the Index, maintaining proportional allocations. For Canadian investors, the fund actively hedges its U.S. dollar currency exposure back to the Canadian dollar, mitigating foreign exchange fluctuations. As ZUE operates as a fund of funds, its management fees are adjusted downwards to account for fees already incurred within its underlying holdings.

Websitebmogam.com
SectorFinancial Services
IndustryAsset Management - Global
CountryCanada
Trades inCAD
Current price
103.09-0.44%
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 S&P 500 Hedged to CAD Index ETF (ZUE.TO)

ZUE.TO · TSX · Financial Services
103.09-0.44%
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No price history available.

About

The BMO S&P 500 Hedged to CAD Index ETF (ZUE) is designed to closely track the performance of the S&P 500 Hedged to Canadian Dollars Index, net of its operating expenses. The ETF accomplishes this by investing directly in the constituent securities of the Index, maintaining proportional allocations. For Canadian investors, the fund actively hedges its U.S. dollar currency exposure back to the Canadian dollar, mitigating foreign exchange fluctuations. As ZUE operates as a fund of funds, its management fees are adjusted downwards to account for fees already incurred within its underlying holdings.

Websitebmogam.com
SectorFinancial Services
IndustryAsset Management - Global
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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