Wealth Awesome Rating: 63/100
This equity ETF has an MER of 0.74%. With higher than average fees, it’s a premium option. Managing 353 million in assets, it’s less popular among investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
ZWU trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The BMO Covered Call Utilities (ZWU) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
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What is the BMO Covered Call Utilities ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.74%. This ETF trades on the TSX exchange.ZWU stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $353MM
Expense Ratio: 0.74%
Price: $10.20 (Updated: 3/7/2024)
BMO Covered Call Utilities (ZWU) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| ZUT | ZUT | 5.99123 |
| Pembina Pipeline Corp | PPL | 5.80371 |
| Fortis Inc | FTS | 5.18889 |
| Enbridge Inc | ENB | 5.12301 |
| TC Energy Corp | TRP | 5.11977 |
| BCE Inc | BCE | 4.59509 |
| Emera Inc. | EMA | 4.58746 |
| Duke Energy Corporation | DUK | 4.52703 |
| Rogers Communications Inc | RCI-B | 4.49188 |
| PPL Corporation | PPL | 4.47889 |
BMO Covered Call Utilities (ZWU) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 5.1507 |
| Big | 55.91263 |
| Medium | 35.37212 |
| Small | 3.13998 |
| Micro | 0 |
BMO Covered Call Utilities (ZWU) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 0 | 0.89249 |
| Consumer Cyclicals | 0 | 4.18515 |
| Financial Services | 0 | 1.58311 |
| Real Estate | 0 | 0.26776 |
| Communication Services | 22.66225 | 7.16226 |
| Energy | 24.65559 | 2.69173 |
| Industrials | 0 | 2.75541 |
| Technology | 0 | 38.01317 |
| Consumer Defensive | 0 | 1.65729 |
| Healthcare | 0 | 32.26806 |
| Utilities | 52.68216 | 8.52359 |
BMO Covered Call Utilities (ZWU) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 100 | 85.928 |
| United Kingdom | 0 | 2.12392 |
| Europe Developed | 0 | 7.473 |
| Europe Emerging | 0 | 0 |
| Africa/Middle East | 0 | 0.22 |
| Japan | 0 | 1.806 |
| Australasia | 0 | 0.176 |
| Asia Developed | 0 | 1.373 |
| Asia Emerging | 0 | 0.569 |
| Latin America | 0 | 0.332 |
ZWU Management Expense Ratio
ZWU has a management expense ratio of 0.74% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy BMO Covered Call Utilities TSX ETF
You can buy ZWU on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
