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BMO Equal Weight Global Gold Index ETF
ZGD (BMO Equal Weight Global Gold Index ETF) is an index Commodities ETF by BMO. With a 0.55% MER, it provides diversified exposure. Annual distribution with a 0.21% yield.
ZGD by BMO is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.55% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.