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BMO Equal Weight US Banks Hedged to CAD Index ETF
ZUB (BMO Equal Weight US Banks Hedged to CAD Index ETF) is an index Financial Services Equity ETF by BMO. With a 0.35% MER, it provides diversified exposure. Quarterly distribution with a 1.89% yield.
ZUB 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 0.35% MER, its fees are in line with category averages.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.