Company Data
BMO Low Volatility US Equity Hedged to CAD ETF
Ticker
ZLH:CA
Current Price
$35.31 -0.34%
Price Target
Refer to Report
Volume
277
52wk Range
$30.729377 - $36.24
Overview
The ETF seeks to provide exposure to the performance of a portfolio of U.S. stocks that have lower sensitivity to market movements with the potential for long-term capital appreciation. The ETF will invest in or use derivative instruments to seek to hedge U.S. currency exposure. Currently, the ETF primarily invests in BMO Low Volatility US Equity ETF and uses derivative instruments to hedge back to the Canadian dollar. Securities from the large capitalization U.S. equity universe that have lower sensitivity to market movement (beta) will be selected for the portfolio and will be weighted so that a higher allocation is given to securities with lower beta.