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BMO ETF
A Canadian equity index fund: 50 stocks, 100% Canada, unhedged, for 0.35% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
Broad Canadian equity exposure. This is benchmark-driven single-country exposure rather than a narrow stock pick. It tracks the MSCI Canada Enhanced Value Capped Index. The portfolio also has a noticeable Financials tilt.
Top holding: Toronto Dominion Bank 8.3% (broad) · Top sector: Financials 41.8% (sector-tilted) · Top region: Canada 99.8% (single-country)
Financials 41.8%·Energy 16.0%·Materials 15.1%·Industrials 9.0%·Technology 7.5%·Other 3.4%·Other (locked) 7.0%
Canada 99.8%
Source: fund provider disclosure.
The management fee was 0.35% a year, or about $35 for every $10,000 held. Trading spreads are separate from this fee. This is the management fee as published by the provider; the total expense ratio can be slightly higher once fund operating costs are added.
Mostly eligible Canadian dividends
The full distribution tax character across 9 years, plus what you keep after tax in a TFSA, RRSP, or non-registered account, is on the Real Yield report card.
See the full tax breakdown →For information only, not tax advice. Tax treatment depends on your account type and personal circumstances; consult a qualified tax professional.
How durable the fund is, and what moved its price.
| Assets | $52M· net assets |
| Listed | 2017· 8 years of history |
| Leverage / overlay | None |
What moved the price
| Ticker | ZVC.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-unhedged |
| Asset class | Equity |
| Structure | Physical (holds securities) |
| Theme | Broad Market |
| Geography | Canada |
| Index tracked | MSCI Canada Enhanced Value Capped Index |
| Provider | BMO ETF |
| Mgmt fee | 0.35% |
Compare ZVC.TO→Backtest it→Rate your portfolio→Real Yield report card→
Prices as of last close · tax character year 2025.
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