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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Post by Hull534on Apr 07, 2022 12:41am

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Post# 34582992

An interesting position for the long term.

While I know the prevailing thoughts of caution about utilities in inflationary times. I balance this against the trend of increased electrification ( which this fund is all about) ultimately more current will flow as will the cash to the these companies. The sleeper here is about half the companies in the fund are renewables which all the experts are agreeing that they have a long runway ahead of them . I see a lot of consolidation and takeouts in this sector in the coming years in the renewable sector . I will continue to regularly build a position .

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