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Financial Services Equity
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|
Close (04-17-2024) |
$17.69 |
|---|---|
| Change |
$0.02
(0.11%)
|
| Open | $17.67 |
|---|---|
| Day Range | $17.59 - $17.81 |
| Volume | 141,700 |
As at March 31, 2024
As at March 31, 2024
As at February 29, 2024
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Inception Return (January 28, 2011): 8.03%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 4.54% | 4.89% | 14.66% | 4.89% | 10.64% | -1.17% | 5.26% | 13.98% | 7.19% | 6.10% | 5.96% | 8.10% | 7.66% | 7.30% |
| Benchmark | 3.76% | 9.87% | 21.36% | 9.87% | 25.68% | 9.80% | 9.79% | 15.54% | 8.54% | 7.15% | 7.88% | 9.74% | 7.73% | 8.93% |
| Category Average | 5.09% | 20.74% | 20.74% | 8.28% | 21.50% | 4.12% | 6.40% | 16.72% | 8.69% | 6.85% | 7.60% | 9.48% | 7.82% | 8.14% |
| Category Rank | 43 / 77 | 65 / 76 | 67 / 76 | 65 / 76 | 63 / 71 | 43 / 60 | 40 / 57 | 35 / 52 | 36 / 52 | 31 / 47 | 30 / 42 | 28 / 34 | 21 / 34 | 25 / 32 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.44% | -5.09% | 3.67% | 3.43% | -5.76% | -1.78% | -5.80% | 7.93% | 7.52% | -1.34% | 1.70% | 4.54% |
| Benchmark | 3.42% | -3.87% | 2.93% | 4.62% | -0.85% | -2.45% | -0.85% | 7.51% | 3.63% | 1.30% | 4.53% | 3.76% |
11.27% (November 2020)
-17.82% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.66% | -4.12% | 25.26% | 11.60% | -8.04% | 14.31% | 1.70% | 30.82% | -11.15% | 6.79% |
| Benchmark | 14.35% | 14.20% | 6.34% | 15.24% | -4.99% | 19.43% | -5.24% | 22.05% | -5.68% | 13.41% |
| Category Average | 10.01% | 6.19% | 11.10% | 15.65% | -8.72% | 20.37% | 0.17% | 28.60% | -10.67% | 9.26% |
| Quartile Ranking | 3 | 4 | 1 | 3 | 2 | 4 | 2 | 2 | 3 | 3 |
| Category Rank | 20/ 31 | 30/ 34 | 5/ 34 | 28/ 42 | 20/ 46 | 41/ 50 | 23/ 52 | 20/ 57 | 30/ 57 | 49/ 66 |
30.82% (2021)
-11.15% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 97.91 |
| Cash and Equivalents | 2.10 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Financial Services | 98.45 |
| Cash and Cash Equivalent | 2.10 |
| Other | -0.55 |
| Name | Percent |
|---|---|
| North America | 100.18 |
| Other | -0.18 |
| Name | Percent |
|---|---|
| BMO Equal Weight Banks Index ETF (ZEB) | 31.58 |
| National Bank of Canada | 11.35 |
| Bank of Montreal | 11.27 |
| Bank of Nova Scotia | 11.22 |
| Canadian Imperial Bank of Commerce | 11.11 |
| Royal Bank of Canada | 11.04 |
| Toronto-Dominion Bank | 10.88 |
| CANADIAN DOLLAR | 2.27 |
| US DOLLAR | 0.00 |
| TORONTO-DOMINION BANK/THE APR24 83 CALL | 0.00 |
BMO Covered Call Canadian Banks ETF
Median
Other - Financial Services Equity
| Standard Deviation | 15.59% | 17.44% | 14.65% |
|---|---|---|---|
| Beta | 0.98% | 0.97% | 0.78% |
| Alpha | -0.04% | -0.01% | 0.01% |
| Rsquared | 0.70% | 0.76% | 0.53% |
| Sharpe | 0.24% | 0.38% | 0.46% |
| Sortino | 0.31% | 0.44% | 0.50% |
| Treynor | 0.04% | 0.07% | 0.09% |
| Tax Efficiency | 47.52% | 63.00% | 67.03% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 16.87% | 15.59% | 17.44% | 14.65% |
| Beta | 1.27% | 0.98% | 0.97% | 0.78% |
| Alpha | -0.19% | -0.04% | -0.01% | 0.01% |
| Rsquared | 0.76% | 0.70% | 0.76% | 0.53% |
| Sharpe | 0.40% | 0.24% | 0.38% | 0.46% |
| Sortino | 0.81% | 0.31% | 0.44% | 0.50% |
| Treynor | 0.05% | 0.04% | 0.07% | 0.09% |
| Tax Efficiency | 70.46% | 47.52% | 63.00% | 67.03% |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | January 28, 2011 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| 52 Week High | $18.48 |
| 52 Week Low | $15.29 |
| Annual Dividend | $1.33 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | Yes |
BMO Covered Call Canadian Banks ETF has been designed to provide exposure to a portfolio of Canadian banks while earning call option premiums.
ZWB invests in securities of Canadian banks, and dynamically writes covered call options. The call options are written out of the money and selected based on analyzing the option's implied volatility. The option premium provides limited downside protection. The underlying portfolio is rebalanced and reconstituted semi-annually in June and December, and options are rolled forward upon expiry.
| Name | Start Date |
|---|---|
| BMO Asset Management Inc. | 01-28-2011 |
| Fund Manager | BMO Asset Management Inc. |
|---|---|
| Advisor | BMO Asset Management Inc. |
| Custodian | State Street Trust Company Canada |
| Registrar | State Street Trust Company Canada |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| MER | 0.73% |
|---|---|
| Management Fee | 0.65% |
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