ZEQT: BMO All-Equity ETF

At a glance

Target mix: 100% stocks / 0% bonds
Total assets: $924.6M as of Jul 31, 2026
Management fee (current): 0.15%
Total fund costs (reported): 0.21%

Overview

The BMO All-Equity ETF is the 100% stock option in the BMO ETFs asset-allocation suite. Start with the asset allocation you can hold through changing markets, then compare funds built for that target. It uses broad Canadian, U.S., international, and emerging-market BMO index ETFs and rebalances quarterly. The reviewed target holdings do not identify hedged units, and BMO does not disclose a portfolio-level currency-hedging program or hedge ratio in the reviewed sources.

Its current management fee fell to 0.15% after the close of business on June 6, 2025. The latest complete, period-matched disclosure is a 0.20% management expense ratio (MER) and 0.01% trading expense ratio (TER) for the period ended June 30, 2025, so the ratio pair predates the current fee. The July 31, 2026 net-assets figure measures fund size rather than exchange trading liquidity. Distributions are scheduled quarterly, which does not measure performance.

Portfolio and costs

Target allocation

Stocks: 100%
Fixed income: 0%BMO publishes a 100% equity strategic target with no fixed-income sleeve.

Costs

Management fee (current): 0.15%The annual management fee fell from 0.18% to 0.15% after the close of business on June 6, 2025.
Management expense ratio (MER): 0.2%
Trading expense ratio (TER): 0.01%
Total fund costs (reported): 0.21%MER + TER. The complete period-matched disclosure totals 0.21% and predates the current 0.15% management fee. Period ended June 2025.

Fund facts

Ticker: TSX: ZEQT
Inception: January 24, 2022
Total assets: $924,580,000 CADBMO displays net assets as $924.58 million; this CAD amount preserves the source's two-decimal-million precision.
Distributions: QuarterlyThe ETF schedules distributions quarterly in March, June, September, and December; distributions are not guaranteed.

How the portfolio is managed

Construction: A fund of funds investing in broad indexed BMO equity ETFs for diversified Canadian, U.S., international, and emerging-market exposure; its management fee is reduced by fees accrued in the underlying funds.
Rebalancing: The ETF rebalances quarterly to its strategic asset-allocation weights.
Currency hedging: The reviewed target holdings do not identify hedged units, and the reviewed sources do not disclose a portfolio-level currency-hedging program or hedge ratio.