BMO Equal Weight Utilities Index ETF T.ZUT

The ETF seeks to replicate, to the extent possible, the performance of an equal weight utilities companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Equal Weight Canada Utilities Index (the Index). The investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are reflected in the Index. The Manager may also use a sampling methodology in selecting investments for the ETF. As an alternative to or in conjunction with investing in and holding the constituent securities, the ETF may invest in or use certain Other Securities (as defined in the prospectus) to obtain exposure to the performance of the Index.

TSX:ZUT - Post by User

BMO Equal Weight Utilities Index ETF

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Comment by bned2715on Apr 05, 2013 8:21am

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Post# 21214410

RE: RE: RE: Anybody?

You're very welcome, 'Hippygirl.74'. I've been monitoring both ZUT and ZWU for a couple of months now and really like both these ETFs. While ZWU's holdings are more attractive to me, after having struggled with ZWB for a couple of years, I'm not certain I want another 'covered call' ETF in my portfolio. Nonetheless, I think either or even both of them would be safe holdings for income. And, you are so right, this sure looks like the right time to pick them up. ATP and JE have done damage to both and, hopefully, the fund managers are re-evaluating each of the ETFs with a thought to getting rid of them.

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