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BMO Equal Weight Oil & Gas Index ETF T.ZEO

Alternate Symbol(s):  BZEOF

The ETF seeks to replicate, to the extent possible, the performance of an equal weight Canadian large-cap oil and gas companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Equal Weight Canada Oil & Gas 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:ZEO - Post by User

Post by Franman184on Oct 24, 2022 8:47am
199 Views
Post# 35043167

WTI price and Canadian stocks.

WTI price and Canadian stocks.I believ this is a good sign. Canadian oil stocks were pretty much in sych with the rise and fall of WTI. That has been uncoupled of the last few months. Share buybacks and returns to investors are slowly rerating the stocks. This should accelerate into the new year. GLTA Canadian oil stock holders.
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