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BMO Equal Weight Global Base Metals Hedged to CAD Index ETF
ZMT (BMO Equal Weight Global Base Metals Hedged to CAD Index ETF) is an index Commodities ETF by BMO. With a 0.55% MER, it provides diversified exposure. Annual distribution with a 0.17% yield.
ZMT 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.