FMP
BMO Dow Jones Industrial Average Hedged to CAD Index ETF
ZDJ.TO
TSX
The fund is passively managed to hold 30 US blue-chip companies that are hand-picked by a committee. The index covers all industries except transportation and utilities. However, the fund is not ideal for investors who want broad-based exposure to US large-capsits tiny portfolio, arbitrary selection, and antiquated weighting may produce significant sector biases relative to the market, and cover only a fraction of the large-cap space, typically represented by hundreds of names. Stocks are also price-weighted, not cap-weighted, which can produce major sector realignments when multiple holdings change. ZDJ also comes with a currency hedge for CAD-based investors.
59.12 CAD
-0.7 (-1.18%)
About
ceo
N/A
sector
Financial Services
industry
Asset Management
website
N/A
exchange
TSX
Description
The fund is passively managed to hold 30 US blue-chip companies that are hand-picked by a committee. The index covers all industries except transportation and utilities. However, the fund is not ideal for investors who want broad-based exposure to US large-capsits tiny portfolio, arbitrary selection, and antiquated weighting may produce significant sector biases relative to the market, and cover only a fraction of the large-cap space, typically represented by hundreds of names. Stocks are also price-weighted, not cap-weighted, which can produce major sector realignments when multiple holdings change. ZDJ also comes with a currency hedge for CAD-based investors.
CIK
N/A
ISIN
CA05560D1024
CUSIP
N/A
Address
N/A
Phone
NA
Country
CA
Employee
N/A
IPO Date
Apr 20, 2010
Key Executives
