ZEB - BMO Equal Weight Banks Index ETF
Portfolio Strategy
The BMO Equal Weight Banks Index ETF (ZEB) has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Banks Index , net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.
Benchmark Info
The Solactive Equal Weight Canada Banks Index includes Canadian exchange listed securities in the diversified bank industry. Constituents are subject to minimum market capitalization and liquidity screens. In addition, each security in this Index is allocated an equal weight rather than a market capitalization weight.
Benefits
- Designed for investors looking for growth solutions
- Exposure to Canadian bank stocks
- Equal weighted to lessen security specific risk
- Professionally managed by BMO Global Asset Management
