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BMO Balanced ESG ETF (ZESG : TSX)

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Global Neutral Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

Close
(11-22-2024) 		$38.06
Change
$0.10 (0.26%)
Open $38.00
Day Range $38.00 - $38.00
Volume 1,300

As at October 31, 2024

As at October 31, 2024

As at July 31, 2024

  • Closing Price / Volume
Period
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Legend

BMO Balanced ESG ETF

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Fund Returns

Inception Return (January 16, 2020): 6.96%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -0.27% 2.45% 9.37% 13.00% 24.14% 15.16% 5.07% 8.24% - - - - - -
Benchmark 0.21% 2.39% 9.50% 14.01% 22.16% 14.87% 4.91% 6.20% 6.36% 7.25% 6.28% 6.58% 6.60% 7.43%
Category Average -0.44% 7.82% 7.82% 10.43% 19.47% 11.21% 3.06% 6.10% 5.22% 5.85% 4.75% 5.15% 5.03% 4.93%
Category Rank 948 / 1,711 417 / 1,709 208 / 1,686 332 / 1,675 91 / 1,664 77 / 1,614 288 / 1,477 204 / 1,341 - - - - - -
Quartile Ranking 3 1 1 1 1 1 1 1 - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 6.67% 2.99% 0.88% 2.58% 2.14% -2.26% 2.72% 1.36% 2.53% 0.47% 2.25% -0.27%
Benchmark 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79% 3.28% -0.07% 2.25% 0.21%

Best Monthly Return Since Inception

6.96% (April 2020)

Worst Monthly Return Since Inception

-7.25% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 12.81% -13.29% 15.13%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 7.77% 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53%
Quartile Ranking - - - - - - - 1 4 1
Category Rank - - - - - - - 219/ 1,367 1,209/ 1,504 39/ 1,622

Best Calendar Return (Last 10 years)

15.13% (2023)

Worst Calendar Return (Last 10 years)

-13.29% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 32.27
Canadian Government Bonds 24.07
Canadian Equity 15.38
International Equity 13.29
Canadian Corporate Bonds 9.88
Other 5.11

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 38.66
Technology 16.99
Financial Services 12.25
Healthcare 5.39
Consumer Goods 4.77
Other 21.94

Geographic Allocation

Geographic Allocation
Name Percent
North America 86.57
Europe 9.06
Asia 4.11
Latin America 0.17
Other 0.09

Top Holdings

Top Holdings
Name Percent
BMO MSCI USA ESG Leaders Index ETF (ESGY) 33.70
BMO Government Bond Index ETF (ZGB) 24.27
BMO MSCI Canada ESG Leaders Index ETF (ESGA) 15.38
BMO MSCI EAFE ESG Leaders Index ETF (ESGE) 11.97
BMO ESG Corporate Bond Index ETF (ESGB) 9.81
BMO ESG US Corporate Bond Hgd C$ Index ETF (ESGF) 4.77
CANADIAN DOLLAR 0.11

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: L. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

BMO Balanced ESG ETF

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 10.42% - -
Beta 1.11% - -
Alpha 0.00% - -
Rsquared 0.92% - -
Sharpe 0.19% - -
Sortino 0.36% - -
Treynor 0.02% - -
Tax Efficiency 82.84% - -
Volatility Volatility rating is 5 on a scale of 1 to 10 - -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.46% 10.42% - -
Beta 1.18% 1.11% - -
Alpha -0.02% 0.00% - -
Rsquared 0.89% 0.92% - -
Sharpe 2.34% 0.19% - -
Sortino 7.44% 0.36% - -
Treynor 0.15% 0.02% - -
Tax Efficiency 96.03% 82.84% - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date January 16, 2020
Instrument Type Exchange Traded Fund (Responsible Investment)
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $69
52 Week High $38.36
52 Week Low $31.64
Annual Dividend $0.74
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

BMO Balanced ESG seeks to provide a balance of income and potential for long-term capital appreciation, primarily by investing in ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities with ESG ratings higher than their peers.

Investment Strategy

BMO Balanced ESG ETF will employ a strategic asset allocation strategy and is expected to primarily invest in other BMO ETFs. The BMO ETF’s asset class weightings will be approximately 60% in equity securities and 40% in fixed income securities. The Underlying Funds will be selected based on ESG ratings assigned by MSCI ESG Research LLC (“MSCI ESG”).

Portfolio Manager(s)

Name Start Date
Sadiq S. Adatia, CFA 10-06-2021

Management and Organization

Fund Manager BMO Asset Management Inc.
Advisor BMO Asset Management Inc.
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor -
Auditor PriceWaterhouseCoopers LLP

Fees

MER 0.20%
Management Fee 0.18%

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