| Fund Company | BMO Exchange Traded Funds |
| Fund Type | Canadian Dividend & Income Equity |
| Rating | $$$$ |
| Style | Index |
| Risk Level | Medium |
| Load Status | N/A |
| RRSP/RRIF Suitability | Good |
| TFSA Suitability | Good |
| Manager | N/A |
| MER | 0.35% |
| Code | TSX: ZDV |
| Minimum Investment | N/A |
Analysis: This is a relatively new addition to the ETF world, launched in October 2011. Unlike more traditional ETFs, this one employs a quantitative screening process that looks for not only high yielding dividend stocks, but also for those companies that are most likely able to continue to pay their dividends. The end result is a portfolio of the top 50 names that have passed both the dividend growth rate screen and the sustainability screen. There are various limits in place to protect against significant concentration within the fund. The portfolio is rebalanced semi-annually and the screens are re-run on an annual basis. The ETF is currently yielding 4.2% on an annualized basis. The management fee is 0.35%, which is currently the cheapest in the category.