BMO MSCI EAFE Index ETF Review (ZEA) 2024
Wealth Awesome Rating: 80/100
This equity ETF has an MER of 0.25%. With lower than average fees, it’s a cost-effective option. Managing 570 million in assets, it’s widely trusted by 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.
ZEA 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 MSCI EAFE Index (ZEA) is one of the most popular ETF’s in Canada by market cap.Let’s take a closer look at this ETF here.
What is the BMO MSCI EAFE Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.25%. This ETF trades on the TSX exchange.ZEA stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $570MM
Expense Ratio: 0.25%
Price: $22.61 (Updated: 3/7/2024)
BMO MSCI EAFE Index (ZEA) Top 10 Holdings
| Company Name | Symbol | Assets % |
|---|---|---|
| iShares Core MSCI EAFE ETF | IEFA | 2.88728 |
| Novo Nordisk A/S | NOVO-B | 1.99816 |
| Nestlé S.A. | NESN | 1.82702 |
| ASML Holding NV | ASML | 1.80011 |
| LVMH Moët Hennessy – Louis Vuitton Société Européenne | MC | 1.32018 |
| Shell plc | SHEL | 1.27453 |
| AstraZeneca PLC | AZN | 1.23283 |
| Novartis AG | NOVN | 1.22082 |
| Roche Holding AG | ROG | 1.20155 |
| Toyota Motor Corp | 7203 | 1.1501 |
BMO MSCI EAFE Index (ZEA) Breakdown by Market Cap
| Category | Value |
|---|---|
| Mega | 48.66087 |
| Big | 38.75695 |
| Medium | 11.29111 |
| Small | 0.18753 |
| Micro | 0.12026 |
BMO MSCI EAFE Index (ZEA) Sector Breakdown
| Sector | Equity % | Relative to Category |
|---|---|---|
| Basic Materials | 7.53399 | 7.03406 |
| Consumer Cyclicals | 11.06492 | 11.14738 |
| Financial Services | 18.40677 | 17.64108 |
| Real Estate | 2.60468 | 1.55261 |
| Communication Services | 4.51911 | 3.71114 |
| Energy | 4.27075 | 4.00653 |
| Industrials | 16.45441 | 18.24331 |
| Technology | 9.78067 | 12.07343 |
| Consumer Defensive | 9.19007 | 9.38379 |
| Healthcare | 13.11994 | 13.48722 |
| Utilities | 3.0547 | 1.71944 |
BMO MSCI EAFE Index (ZEA) Geographic Breakdown
| Region | Equity % | Relative to Category |
|---|---|---|
| North America | 0.941 | 4.018 |
| United Kingdom | 13.94881 | 16.18688 |
| Europe Developed | 50.363 | 49.016 |
| Europe Emerging | 0.001 | 0.007 |
| Africa/Middle East | 0.657 | 0.526 |
| Japan | 23.343 | 18.089 |
| Australasia | 7.488 | 4.345 |
| Asia Developed | 3.184 | 5 |
| Asia Emerging | 0.073 | 2.125 |
| Latin America | 0 | 0.686 |
ZEA Management Expense Ratio
ZEA has a management expense ratio of 0.25% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy BMO MSCI EAFE Index TSX ETF
You can buy ZEA 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 | |
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