BMO Global Infrastructure ETF

Posted by on Apr 4, 2012 in Mutual Fund Updates | 0 comments

Fund Company BMO Exchange Traded Funds
Fund Type Specialty
Rating $$$
Style Index
Risk Level Medium
Load Status Optional
RRSP/RRIF Suitability Poor
TFSA Suitability Poor
Manager N/A
MER 0.62%
Code TSX: ZGI
Minimum Investment N/A

Analysis: By far the cheapest infrastructure option available, this ETF is designed to replicate the performance of the Dow Jones Brookfield Global Infrastructure Index, net of expenses. The index focuses on companies that derive at least 70% of their cash flows from infrastructure assets. The index is global in nature, but is currently more than half invested in the U.S. with 22% in Canada. Performance has been impressive with a two year return of 18.6%, outpacing much of the category and the broader equity markets. The MER is a 0.62%, cheaper by 200 basis points than any of the mutual funds, making this a very compelling option.                

 

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