BMO MSCI EAFE Index ETF Review (ZEA) 2024

Last Updated: 3/7/2024

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 NameSymbolAssets %
iShares Core MSCI EAFE ETFIEFA2.88728
Novo Nordisk A/SNOVO-B1.99816
Nestlé S.A.NESN1.82702
ASML Holding NVASML1.80011
LVMH Moët Hennessy – Louis Vuitton Société EuropéenneMC1.32018
Shell plcSHEL1.27453
AstraZeneca PLCAZN1.23283
Novartis AGNOVN1.22082
Roche Holding AGROG1.20155
Toyota Motor Corp72031.1501

BMO MSCI EAFE Index (ZEA) Breakdown by Market Cap

CategoryValue
Mega48.66087
Big38.75695
Medium11.29111
Small0.18753
Micro0.12026

BMO MSCI EAFE Index (ZEA) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials7.533997.03406
Consumer Cyclicals11.0649211.14738
Financial Services18.4067717.64108
Real Estate2.604681.55261
Communication Services4.519113.71114
Energy4.270754.00653
Industrials16.4544118.24331
Technology9.7806712.07343
Consumer Defensive9.190079.38379
Healthcare13.1199413.48722
Utilities3.05471.71944

BMO MSCI EAFE Index (ZEA) Geographic Breakdown

RegionEquity %Relative to Category
North America0.9414.018
United Kingdom13.9488116.18688
Europe Developed50.36349.016
Europe Emerging0.0010.007
Africa/Middle East0.6570.526
Japan23.34318.089
Australasia7.4884.345
Asia Developed3.1845
Asia Emerging0.0732.125
Latin America00.686

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:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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