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BMO Global Enhanced Income Fund ETF Series (ZWQT : TSX)

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Global Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

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

Fundata ESG Grade A

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Close
(11-22-2024) 		$17.43
Change
$0.11 (0.64%)
Open $17.35
Day Range $17.35 - $17.43
Volume 4,020

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 Global Enhanced Income Fund ETF Series

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Fund Returns

Inception Return (June 21, 2023): 17.27%

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 1.05% 2.67% 9.46% 15.84% 24.31% - - - - - - - - -
Benchmark 0.69% 3.29% 12.03% 21.27% 32.98% 22.13% 9.42% 13.80% 12.16% 12.28% 10.61% 11.61% 10.89% 11.43%
Category Average -0.09% 9.51% 9.51% 16.79% 27.98% 17.72% 5.88% 10.97% 9.47% 9.59% 8.08% 9.05% 8.29% 8.44%
Category Rank 497 / 2,098 872 / 2,078 1,154 / 2,045 1,229 / 2,015 1,534 / 2,011 - - - - - - - - -
Quartile Ranking 1 2 3 3 4 - - - - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 5.00% 2.20% 2.07% 3.05% 3.19% -2.50% 2.79% 0.73% 2.96% 0.68% 0.92% 1.05%
Benchmark 6.95% 2.53% 1.41% 5.64% 2.94% -1.84% 3.15% 2.29% 2.79% 0.04% 2.54% 0.69%

Best Monthly Return Since Inception

5.00% (November 2023)

Worst Monthly Return Since Inception

-3.07% (September 2023)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average 8.33% 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
US Equity 62.40
International Equity 18.81
Canadian Equity 15.86
Cash and Equivalents 2.57
Income Trust Units 0.37
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 23.98
Technology 14.31
Energy 13.73
Healthcare 10.54
Consumer Goods 9.07
Other 28.37

Geographic Allocation

Geographic Allocation
Name Percent
North America 80.80
Europe 17.97
Asia 0.92
Latin America 0.37
Other -0.06

Top Holdings

Top Holdings
Name Percent
BMO US High Dividend Covered Call ETF (ZWH) 29.84
BMO Global High Dividend Covered Call ETF (ZWG) 25.50
BMO Europe High Dividend Covered Call ETF (ZWP) 11.22
BMO Canadian High Dividend Covered Call ETF (ZWC) 11.00
BMO Covered Call US Banks ETF (ZWK) 8.01
BMO Covered Call Energy ETF (ZWEN) 7.30
BMO Covered Call Utilities ETF (ZWU) 5.11
CAD Currency 2.03

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.48% - - -
Beta 0.71% - - -
Alpha 0.01% - - -
Rsquared 0.78% - - -
Sharpe 2.70% - - -
Sortino - - - -
Treynor 0.25% - - -
Tax Efficiency - - - -

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 June 21, 2023
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $45
52 Week High $17.43
52 Week Low $14.18
Annual Dividend $1.02
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

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

Investment Objectives

This fund’s objective is to provide income and long-term capital growth by investing primarily in a diversified portfolio of global equity exchange traded funds that are higher yielding than the broader equity market. The fund may also invest in other mutual funds or invest directly in individual fixed income and equity securities.

Investment Strategy

These are the strategies the portfolio manager uses to try to achieve the fund’s objectives: may invest up to 100% of the fund’s assets in securities of underlying funds, with such underlying funds expected to be predominantly or exclusively underlying funds that are managed by us or one of our affiliates or associates; will invest primarily in exchange traded funds.

Portfolio Manager(s)

Name Start Date
Chris McHaney 04-23-2024
Chris Heakes 04-23-2024
Charles-Lucien Myssie 05-24-2024
Jimmy Xu 05-24-2024

Management and Organization

Fund Manager BMO Investments Inc.
Advisor BMO Asset Management Inc.
Custodian State Street Trust Company Canada
Registrar BMO Investments Inc.
Distributor BMO Investments Inc.
Auditor PricewaterhouseCoopers

Fees

MER 0.71%
Management Fee 0.65%

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