BMO Nasdaq 100 Equity Hedged To CAD Index ETF T.ZQQ

Alternate Symbol(s): BNEHF

The ETF seeks to replicate, to the extent possible, the performance of a NASDAQ listed companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the NASDAQ 100 Index Hedged to CAD (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 and use derivative instruments to hedge back to the Canadian dollar. 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:ZQQ - Post by User

BMO Nasdaq 100 Equity Hedged To CAD Index ETF > Good Way to Play the Nasdaq in Cdn $ / TFSA

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Comment by RedPavlovon Nov 26, 2022 4:38pm

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Post# 35131036

RE:RE:Good Way to Play the Nasdaq in Cdn $ / TFSA

Lisagerrard17 wrote:

SandMan67 wrote: Apple, MSFT, Amazon, Facebook, and Google are in the top 5 holdings. Down a few percent still from the high and bouncing back with the rest of the market. Should be good for a short term gain (if you do not want to hold long term). Dividend is not great (about 0.5% paid once per year)..... but historical performance is decent (over double your cash in 5 years). I know US stocks can be held in a TFSA but in my experience it is not desirable (exchange costs).