Today BMO launched something NEW! The BMO MSCI All Country World Index ETF (ZALL) brings developed and emerging markets together in one simple portfolio, including Canada. So what does that actually mean? Well, now investors can own the world in one global equity ETF. ZALL is the first Canadian-listed ETF designed to track the MSCI ACWI Index, giving investors exposure to Canada alongside developed and emerging markets. Canada currently represents about 3% of the portfolio, with the rest invested across global markets. And because the portfolio reflects each market’s relative size, those weights naturally evolve as global markets change over time. For Canadian investors, that means broad global diversification, without the traditional home-country bias, all in one portfolio. A few quick tidbits: 🔹️47 markets across 23 developed and 24 emerging markets 🔹️Approximately 2,500 large- and mid-cap companies 🔹️Exposure to approximately 85% of the global investable equity opportunity set 🔹️The first Canadian-listed ETF designed to track the MSCI ACWI Index, which includes Canada 🔹️0.18% management fee Will you consider adding ZALL to your portfolio as an alternative to typical all equity ETFs, to avoid home country bias? Learn more: https://bmogam.com/ca-en/products/exchange-traded-fund/bmo-msci-all-country-world-index-etf-zall/
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22 Comments
Le Corb@lecorb · 6h
Emerging markets only on rare occasions have outperformance, and in the majority of cases underperforms. Emerging markets have little to no regulatory and accounting discipline for markets and companies and represents significant investor risks long term. Sounds simple to say own the world. Capital markets is about raising capital for companies to own a share of growth. But when these markets have suspect practices, lack rigour and mature accounts practices, it’s a crap shoot in the end. This is why the world invests in the US capital markets and why Canada is essentially the materials and resource sector for the US. I think XEQT doesn’t look all that bad and has its own internal balance between growth, value and reciprocal sectors that provide better risk adjusted returns IMHO.
Serge Brosseau
@brosserg · 7h
I don’t mind the home bias so sticking with xeqt. ZALL’s biggest holding is ZSP at 65% so still a pretty big concentration to the S&P500 and quite heavily weighted in tech companies. I would need to research some more but I think I’ll pass
Colt
@asthari · 7h
Sounds like a solid XEQT competitor!
Red @redharris · 6h
For anyone too lazy to do VXC/XIC at 97/3 percent lol
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