Bmo Dividend Etf Net Asset
| ZDY Etf | CAD 39.92 0.07 0.18% |
BMO Dividend ETF fundamentals help investors to digest information that contributes to BMO Dividend's financial success or failures. It also enables traders to predict the movement of BMO Etf. The fundamental analysis module provides a way to measure BMO Dividend's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BMO Dividend etf.
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BMO Dividend ETF ETF Net Asset Analysis
BMO Dividend's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current BMO Dividend Net Asset | 312.41 M |
Most of BMO Dividend's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BMO Dividend ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, BMO Dividend ETF has a Net Asset of 312.41 M. This is much higher than that of the BMO Asset Management Inc family and significantly higher than that of the U.S. Dividend & Income Equity category. The net asset for all Canada etfs is notably lower than that of the firm.
BMO Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BMO Dividend's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of BMO Dividend could also be used in its relative valuation, which is a method of valuing BMO Dividend by comparing valuation metrics of similar companies.BMO Dividend is currently under evaluation in net asset as compared to similar ETFs.
Fund Asset Allocation for BMO Dividend
The fund invests 99.46% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides BMO Dividend's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
BMO Fundamentals
| Beta | 0.62 | |||
| One Year Return | 12.10 % | |||
| Three Year Return | 9.40 % | |||
| Five Year Return | 6.90 % | |||
| Ten Year Return | 11.00 % | |||
| Net Asset | 312.41 M | |||
| Last Dividend Paid | 0.08 | |||
| Holdings Turnover | 34.28 % | |||
| Equity Positions Weight | 99.46 % |
About BMO Dividend Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BMO Dividend ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BMO Dividend using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BMO Dividend ETF based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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