Company Data
BMO Low Volatility International Equity Hedged to CAD ETF
Ticker
ZLD:CA
Current Price
$30.59 0.16%
Price Target
Refer to Report
Volume
722
52wk Range
$25.776462 - $30.75
Overview
The ETF seeks to provide exposure to the performance of a portfolio of international 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 foreign currency exposure. Currently, the ETF primarily invests in BMO Low Volatility International Equity ETF and uses derivative instruments to hedge back to the Canadian dollar. Securities from the international 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.