BMO S&P/TSX Capped Composite Index ETF
ZCN.TO (TSX)
With a low management expense ratio of just 0.06%, the BMO S&P/TSX Capped Composite Index ETF (ZCN) offers broad Canadian equity exposure similar to its peers. The fund has demonstrated impressive performance, boasting a 33.95% return over the past year and an 81.70% return over five years. Investors can also benefit from a dividend yield of 2.21%, making ZCN an attractive option for those seeking a combination of growth and income.
Pros:
- Low management expense ratio of 0.06%
- Strong historical performance over 1 and 5 years
Cons:
- Market volatility risk
- Dependence on Canadian market performance
The BMO S&P/TSX Capped Composite Index ETF (ZCN.TO) may be suitable for investors looking for low-cost exposure to the Canadian equity market, particularly those who prioritize both capital appreciation and a modest income stream through dividends. With strong historical performance and a low management expense ratio, it represents a compelling option for long-term investors seeking to diversify their portfolios within the Canadian market.