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BMO MSCI USA High Quality Index ETF - ZUQ

ETF Overview

The fund has been designed to replicate, to the extent possible, the performance of the MSCI USA High Quality Index, net of expenses.

The Fund invests in U.S. equity markets, while screening for high return on equity (ROE), stable year-over-year earnings growth and low financial leverage.

The Fund may also invest in or hold securities intended to replicate the performance of the index.

Additional Index Information

MSCI USA High Quality Index is based on the MSCI USA Index, its parent index, which includes large and mid cap stocks in U.S.

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.

Key ETF Data

Category (main) USA Equity - Broad Market
Underlying Index MSCI USA High Quality Index
ETF Structure Passive type. Aims to track Fundamental index
Asset Class Equity
Region USA
Issuer BMO
ETF Home Page Available here

* This is the non-currency hedged version of ZUE

Fund Facts
Inception Date Nov 5, 2014
Total Holdings 125
Distribution Frequency Quarterly
Leverage None
Significant Currency Exposure Yes
Currency Hedging No
Management Fee 0.30%
Management Expense Ratio (MER) 0.34%
Trading Information
Ticker ZUQ
Exchange TSX (Toronto Stock Exchange)
Currency CAD
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.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar