ETF Sage
Canadian ETF knowledgebase
The fund has been designed to replicate, to the extent possible, the performance of the MSCI All Country World High Quality Index, net of expenses.
The fund invests in global equity markets, while screening for high return on equity (ROE), stable year-over-year earnings growth and low financial leverage.
The manager may use a sampling methodology in selecting investments for the fund.
The fund may also invest in or hold securities intended to replicate the performance of the index.
MSCI All Country World High Quality Index is based on the MSCI All Country World Index, its parent index, which includes large and mid cap stocks from global markets including developed and emerging markets.
The index aims to capture the performance of quality growth stocks by identifying stocks with high quality scores based on three main fundamental variables: high return on equity (ROE), stable year-over-year earnings growth and low financial leverage.
All securities eligible for inclusion in the index are weighted by the product of their market cap weight in the parent index and their quality score.
Issuer weights are capped at 5%.
The index is rebalanced semi-annually, as of the close of the last business day of November and May.
Fundamentals | |
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Category (main) | Global Equity: Broad Market |
Underlying Index | MSCI All Country World High Quality Index |
ETF Structure | Passive type. Aims to track Fundamental index |
Asset Class | Equity |
Sub-Asset Class | Global Broad Market |
Region | Global |
Issuer | BMO |
ETF Home Page | Available here |
Fund Facts | |
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Inception Date | Nov 5, 2014 |
Total Holdings | 310 |
Distribution Frequency | Quarterly |
Leverage | None |
Significant Currency Exposure | Yes |
Currency Hedging | No |
Fees | |
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Management Fee | 0.45% |
Management Expense Ratio (MER) | 0.51% |
Trading Information | |
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Ticker | ZGQ |
Exchange | TSX (Toronto Stock Exchange) |
Currency | CAD |
Eligibility | |
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Eligibility * | RRSP, RRIF, RESP, TFSA, DPSP, RDSP |
DRIP available ** | Yes |
PACC Plan available ** | Unknown |
SWP available ** | Unknown |
* Always check eligibility with your plan operator as plans and accounts can differ
** Not all brokers can facilitate these plans. Check with your broker.
To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below: