The BMO MSCI Innovation Index ETF (ZINN) has been designed to replicate, to the extent possible, the performance of the MSCI ACWI IMI Innovation Index, net of expenses. The Fund captures mega-trends by investing in stocks that have high exposure to the following disruptive innovation themes: autonomous technology & industrial, genomic, fin tech, and next generation internet. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.
The MSCI ACWI IMI Innovation Index, developed in collaboration with ARK Invest, is based on the MSCI ACWI IMI Index, which includes large, mid and small capitalization companies across developed and emerging markets. The Index aims to capture the performance of a set of companies that have high exposure to the following disruptive innovation themes: autonomous technology & industrial, genomic, fintech, and next generation internet. Securities are assigned revenue linked relevance scores, where the top half securities within each mega-trend are included. The Index is an equal weighted combination of the high exposure themes and rebalances semi-annually in May and November.
- Designed for investors looking for growth solutions
- Exposure to global mega trends and disruptive innovations
- Benefits from local currency appreciation
- Professionally managed by BMO Global Asset Management