Northwire Canada EditionWednesday, July 15, 2026
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FG 0.040 +14.3% EFR 17.58 −5.5% IVN 10.50 −2.6% MASS 0.090 +0.0% NTH 0.160 −3.0% LIF 26.54 −2.4% CPAU 0.155 +0.0% PTX 0.110 +0.0% VENT 0.160 +0.0% ANK 0.280 −3.5% ODV 3.27 −3.0% MINK 0.105 +0.0% ZEN 0.660 +3.1% LCE 0.250 +4.2% CBA 0.085 +0.0% SGU 0.040 +0.0% FG 0.040 +14.3% EFR 17.58 −5.5% IVN 10.50 −2.6% MASS 0.090 +0.0% NTH 0.160 −3.0% LIF 26.54 −2.4% CPAU 0.155 +0.0% PTX 0.110 +0.0% VENT 0.160 +0.0% ANK 0.280 −3.5% ODV 3.27 −3.0% MINK 0.105 +0.0% ZEN 0.660 +3.1% LCE 0.250 +4.2% CBA 0.085 +0.0% SGU 0.040 +0.0%
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BMO Launches New ETF Index Strategies

By The Northwire Desk — AI Analysis Feb 06, 2026 · 07:30 BMO · 191.6 BANK OF MONTREAL
BMO · Price

Executive Summary

  • BMO Asset Management announced the launch of three new exchange‑traded funds: BMO MSCI Canada IMI High Dividend Yield Index ETF (TSX: ZDIV), BMO MSCI EAFE Small‑Mid Cap Index ETF (TSX: ZESM) and BMO MSCI USA Equal Weight Index ETF (TSX: ZEQL).
  • All three ETFs have completed their initial offerings, are listed on the Toronto Stock Exchange and are now trading.
  • Each fund seeks to replicate its respective MSCI index exposure (Canada high‑dividend yield, EAFE small‑mid cap, and U.S. equal‑weight) and is offered in CAD units (with USD and hedged options for the U.S. ETF).

Key Details

  • BMO MSCI Canada IMI High Dividend Yield Index ETF (ZDIV) – tracks the MSCI Canada IMI High Dividend Yield Select Index; offers CAD‑denominated units.
  • BMO MSCI EAFE Small‑Mid Cap Index ETF (ZESM) – tracks the MSCI EAFE SMID Cap Index; offers CAD‑denominated units.
  • BMO MSCI USA Equal Weight Index ETF (ZEQL) – tracks the MSCI USA Equal Weighted Index; offers CAD, hedged CAD, and USD units.
  • All three ETFs have closed their initial unit offerings and are now listed and trading on the Toronto Stock Exchange.
  • The ETFs are managed by BMO Asset Management Inc., a separate legal entity from Bank of Montreal.
  • MSCI is not a sponsor or endorser of the funds; the relationship between MSCI and the ETFs is limited to licensing of the underlying indexes.
  • Standard ETF disclosures included: management fees, expenses, market‑price volatility, potential for trading at discounts to NAV, and that distributions are not guaranteed.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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