BMO Global REIT Fund Trust Units Series -Active ETF-
No trades
No trades
Key stats
Fund info
Home page
Inception date
Jun 27, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Investments, Inc.
ISIN
CA09661B1067
CUSIP
09661B106
FIGI
BBG01GY58SD0
Identifiers
ISIN CA09661B1067
The fund seeks long-term capital appreciation by primarily investing in global REITs and equities of real estate operating companies or firms providing services to the real estate industry. The fund may also hold convertible debentures and fixed-income securities issued by related companies. The fund utilizes a fundamental approach, which includes reviewing company operations, quality of management, and research & development practices to assess growth potential. The fund adviser generally looks for REITs that trade below their intrinsic value and demonstrate superior earnings growth. The fund may invest without limit in foreign issuers and may allocate up to 30% of its assets in securities of funds managed by the issuer. The adviser may use derivatives for hedging and non-hedging purposes and may enter into securities lending, repurchase, and reverse purchase transactions for additional income. The adviser may also engage in short selling to manage volatility or enhance returns.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks95.38%
Finance93.40%
Miscellaneous1.98%
Bonds, Cash & Other4.62%
Cash1.95%
Miscellaneous1.42%
ETF1.25%
Breakdown by region
North America90.42%
Europe7.54%
Oceania2.04%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
ZGRT invests in stocks. The fund's major sectors are Finance, with 93.40% stocks, and Miscellaneous, with 1.98% of the basket. The assets are mostly located in the North America region.
ZGRT top holdings are Ventas, Inc. and Prologis, Inc., occupying 6.09% and 5.86% of the portfolio correspondingly.
ZGRT last dividends amounted to 0.06 CAD. The month before, the issuer paid 0.06 CAD in dividends,
ZGRT assets under management is 1.30 M CAD. It's risen 43.94% over the last month.
ZGRT fund flows account for −48.29 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
ZGRT shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Jun 27, 2023, and its management style is Active.
ZGRT expense ratio is 0.96% meaning you'd have to pay 0.96% of your investment to help manage the fund.
ZGRT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZGRT invests in stocks.
ZGRT price has fallen by −4.32% over the last month, and its yearly performance shows a −3.25% decrease. See more dynamics on ZGRT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.52% over the last month, showed a 1.02% increase in three-month performance and has increased by 9.92% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.52% over the last month, showed a 1.02% increase in three-month performance and has increased by 9.92% in a year.
ZGRT trades at a premium (0.21%) meaning the ETF is trading at a higher price than the calculated NAV.