Loading...
BMO Equal Weight Banks Index ETF
ZEB.TO•TSX
Financial Services
Asset Management
CA$47.42
CA$0.22(0.47%)
BMO Equal Weight Banks Index ETF (ZEB.TO) Company Profile & Overview
Explore BMO Equal Weight Banks Index ETF’s business operations, leadership, sector classification, and key company facts including IPO date, industry, and contact details.
BMO Equal Weight Banks Index ETF (ZEB.TO) Company Profile & Overview
The fund is passively managed to provide exposure to the Canadian banking industry, which encompasses both major banks and regional banks. To be eligible for inclusion, companies should be TSX-listed and must meet investability and liquidity requirements, including a minimum market capitalization of CAD 10 billion. The index weights the resulting portfolio equally, instead of by market-cap, which lowers single-name blow-up risk and may cause a tilt to smaller firms. The index is reconstituted on a semi-annual basis.
SectorFinancial Services
IndustryAsset Management
Contact Information
Toronto
Company Facts
IPO DateApr 20, 2010
CountryCA
Actively Trading