Northwire Canada EditionFriday, July 31, 2026
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NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0% NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0%
Financings

BMO Launches New ETF Index Strategies

By The Northwire Desk — AI Analysis Feb 06, 2026 · 07:30 ZEQL · None None
ZEQL · Price

Executive Summary

  • BMO Asset Management announced the launch of three new exchange‑traded funds (ETFs) on the Toronto Stock Exchange: 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 unit offerings, are now listed, and are actively trading.
  • Each fund seeks to replicate the performance of a specific MSCMSC‑provided index, offering investors diversified exposure to Canadian dividend‑yield equities, international small‑mid cap equities, and U.S. equal‑weight equities respectively.

Key Details

  • ETF Names & Tickers
  • BMO MSCI Canada IMI High Dividend Yield Index ETF – TSX: ZDIV
  • BMO MSCI EAFE Small‑Mid Cap Index ETF – TSX: ZESM

  • BMO MSCI USA Equal Weight Index ETF – TSX: ZEQL (also listed as ZEQL.F and ZEQL.U)

  • Listing Status – All three ETFs have closed their initial offerings and are now listed and trading on the Toronto Stock Exchange.

  • Investment Objective & Underlying Indices

  • Canada High Dividend Yield ETF: Replicates MSCI Canada IMI High Dividend Yield Select Index; provides exposure to large, mid, and small‑cap Canadian issuers.
  • EAFE Small‑Mid Cap ETF: Replicates MSCI EAFE SMID Cap Index; targets mid‑ and small‑cap issuers in developed markets outside Canada and the U.S.

  • USA Equal Weight ETF: Replicates MSCI USA Equal Weighted Index; offers equal‑weight exposure to U.S. listed issuers.

  • Share Classes Offered

  • Canada High Dividend Yield ETF – CAD Units.
  • EAFE Small‑Mid Cap ETF – CAD Units.

  • USA Equal Weight ETF – CAD Units, Hedged CAD Units, and USD Units.

  • Management & Fees – Managed by BMO Asset Management Inc.; fees, commissions, and expenses disclosed in the ETF Facts Sheet and simplified prospectus.

  • Regulatory Disclosures – MSCI is not a sponsor or endorser of the ETFs; liability for index performance rests with BMO.

  • Investor Resources – Additional information available at www.bmoetfs.com and within each fund’s simplified prospectus.

Notable Quotes

(No direct CEO/President quotes were included in the release.)

Read the original news release →