Last Updated: 2/15/2024
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The BMO Equal Weight Utilities Index (ZUT) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
Wealth Awesome Rating: 62/100
This equity ETF has an MER of 0.62%. With higher than average fees, it’s a premium option. Managing 181 million in assets, it’s less popular among investors. Suitable for those seeking growth with a medium to high risk tolerance.
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The BMO Equal Weight Utilities Index (ZUT) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
What is the BMO Equal Weight Utilities Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.62%. This ETF trades on the TSX exchange.ZUT stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $181MM
Expense Ratio: 0.62%
Price: $19.28 (Updated: 2/15/2024)
ZUT Management Expense Ratio
ZUT has a management expense ratio of 0.62% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy BMO Equal Weight Utilities Index TSX ETF
You can buy ZUT on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |