ZMI:CA:TSX-BMO Monthly Income ETF

ETF | Global Neutral Balanced | Toronto Stock Exchange

Last Closing

CAD 15.43

Change

-0.02 (-0.13)%

Market Cap

CAD 0.08B

Volume

339.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment has been designed to deliver the performance of the underlying basket of higher yielding BMO ETFs. ETFs are selected by having a higher yield than either the equity market represented by the BMO Dow Jones Canada Titans 60 Index ETF (ZCN) or the fixed income market represented by the BMO Aggregate Bond Index ETF (ZAG). The holdings are weighted by yield, with 50 percent investment in each of equity and fixed income and a cap of 20 percent for each security with a range of 6 to 10 ETFs. The ETF is rebalanced quarterly and reconstituted semi-annually in June and December.

Inception Date: 28/01/2011

Primary Benchmark: FTSE Canada Universe Bond

Primary Index: Morningstar CAN Bal 50/50 CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.61 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
BZDYF BZDYF 18.59 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-01-16 )

Largest Industry Peers for Global Neutral Balanced

Symbol Name Mer Price(Change) Market Cap
VBAL:CA Vanguard Balanced Portfolio 0.25 %

+0.21 (+0.68%)

CAD 2.65B
XBAL:CA iShares Core Balanced ETF Port.. 0.76 %

+0.16 (+0.57%)

CAD 1.22B
PINC:CA Purpose Multi-Asset Income Fun.. 0.99 %

N/A

CAD 0.10B
HCON:CA Horizons Conservative TRI ETF .. 0.15 %

N/A

CAD 0.05B
PRP:CA Purpose Conservative Income Fu.. 0.71 %

N/A

CAD 0.01B
PIN:CA Purpose Monthly Income Fund Se.. 0.72 %

N/A

CAD 5.63M
MPCF:CA Mackenzie Portfolio Completion.. 0.80 %

+0.30 (+1.67%)

CAD 2.36M

ETFs Containing ZMI:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Global Neutral Balanced) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.78% 50% F 42% F
Dividend Return N/A N/A N/A N/A F
Total Return 1.78% 50% F 41% F
Trailing 12 Months  
Capital Gain -5.40% 83% B 63% D
Dividend Return 4.02% 83% B 55% F
Total Return -1.37% 83% B 66% D+
Trailing 5 Years  
Capital Gain -2.96% 67% D+ 52% F
Dividend Return 20.18% 100% F 59% D-
Total Return 17.22% 67% D+ 56% F
Average Annual (5 Year Horizon)  
Capital Gain -0.83% 67% D+ 34% F
Dividend Return 3.14% 83% B 43% F
Total Return 3.98% 100% F 67% D+
Risk Return Profile  
Volatility (Standard Deviation) 4.34% 50% F 83% B
Risk Adjusted Return 72.47% 83% B 76% C+
Market Capitalization 0.08B 73% C 48% F

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.