BMO Long Short Canadian Equity ETF (TSE:ZLSC) Price & Chart
TSE:ZLSC ETF Chart & Stats
- Day’s Range
- CAD 49.40 - CAD 49.65
- 52-Week Range
- CAD 41.95 - CAD 49.97
- Previous Close
- CAD 49.39
- Volume
- 0
- Average Volume (3M)
- 820
- AUM
- 92.13M
- NAV
- 49.54
- Expense Ratio
- 0.86%
- Holdings Count
- 83
- Beta
- 0.52
- Inception Date
- Sep 27, 2023
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 1,865,001
- Standard Deviation
- N/A
ETF Overview
BMO Long Short Canadian Equity ETF
The BMO Long Short Canadian Equity ETF (TSE:ZLSC) is a sophisticated investment vehicle designed for investors seeking to leverage hedge fund strategies within the dynamic realm of Canadian equities. As a distinctive player in the Long/Short niche, this ETF adeptly navigates market fluctuations by employing a dual approach—taking long positions in equities anticipated to appreciate while simultaneously shorting those expected to decline. This strategy aims to capitalize on market inefficiencies and reduce overall portfolio volatility, making it an attractive option for those looking to enhance risk-adjusted returns. ZLSC stands out by offering exposure to a diversified selection of Canadian stocks, meticulously chosen by seasoned investment professionals who employ rigorous analysis to identify opportunities across various sectors. The ETF's long/short strategy not only enhances potential returns during bullish phases but also provides a hedge against downturns, thereby offering a buffer in volatile markets. As part of the Hedge Fund Strategies category, ZLSC is tailored for discerning investors who value the agility and strategic depth of hedge fund-like tactics without the complexities typically associated with direct hedge fund investments. By incorporating BMO's extensive expertise in managing Canadian equities, this ETF provides a robust platform for investors aiming to achieve a balanced blend of growth and protection. Whether you're a seasoned investor looking to diversify your portfolio or someone new to alternative investment strategies, the BMO Long Short Canadian Equity ETF offers a compelling opportunity to tap into the nuanced world of long/short equity investing.
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TSE:ZLSC ETF Smart Score
Top 10 Holdings
| Name | Weight % |
|---|---|
| ZMMKTSE:ZMMK | 46.00% |
| RYRoyal Bank Of Canada | 6.10% |
| CNQCanadian Natural Resources | 4.06% |
| SUSuncor Energy | 3.20% |
| SHOPShopify Inc. | 3.00% |
| AEMAgnico-Eagle Mines Limited | 2.98% |
| IAGIa Financial Corporation | 2.41% |
| NANational Bank of Canada | 2.29% |
| CVECenovus Energy | 2.22% |
| ACO.XAtco Ltd. Cl I Nv | 2.22% |
| Total | 74.48% |