ZFN.TO
BMO SIA Focused North American Equity Fund
International
EQUITY
Active
MANAGEMENT STYLE
$ 360.9 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Dec 06, 2018 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| CENOVUS ENERGY INC | 6.8 % |
| ALPHABET INC. CLASS A | 6.8 % |
| APPLIED MATERIALS INC | 6.5 % |
| CAN IMPERIAL BK OF COMMERCE | 6.4 % |
| LAM RESEARCH CORP | 6.1 % |
| BANK OF NEW YORK MELLON CORP | 5.9 % |
| WAL-MART STORES INC | 5.9 % |
| IMPERIAL OIL LTD | 5.8 % |
| MORGAN STANLEY | 5.7 % |
| NATIONAL BANK OF CANADA | 5.6 % |
Constituent Breakdown
| Number of holdings | 20 |
| Herfindahl-Hirschman Index | 562 |
| Wgt avg mkt cap (mns) | $457,257 |
| Large cap (>$10bn) | 94.3% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 94.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 54.4 % |
 |
CANADA | 39.9 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.8% | 11.4% | 12.1% | 16.4% | 10.2% | -- | -- | 9.9% |
| Dividend Yield | 0.0% | 0.6% | 0.8% | 0.9% | 1.2% | -- | -- | 0.9% |
| Total Returns | -1.8% | 12.0% | 12.9% | 17.3% | 11.4% | -- | -- | 10.8% | Ann. Volatility | 18.2% | 17.3% | 16.7% | 15.7% | 14.3% | -- | -- | 15.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.90 | 36% |
| MSCI EAFE | 0.59 | 26% |
| MSCI Emg Mkts | 0.46 | 28% |
Liquidity Measures
| Avg. volume (000) | 5 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $61.19 |
| Relative strength (RSI) | 51 |
| MACD/Signal | 0.54/0.67 |
| Bollinger Bands (Upper/Lower) | $63.39/$60.20 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ZFN.TO |
Expenses vs. ZFN.TO |
ALTAR Score™ vs. ZFN.TO |
|---|---|---|---|---|
| TUED.TO | TD Active U.S. Enhanced Dividend ETF | 26.6% | -10 bp | -0.1% |
| AMGR.TO | AGF American Growth Fund | 24.1% | +15 bp | -0.2% |
| HBF.TO | Harvest US Equity Leaders Income ETF | 23.1% | 0 bp | +1.7% |
| TDNA.TO | TD North American Dividend Fund | 22.1% | +5 bp | +1.1% |
| ZFC.TO | BMO SIA Focused Canadian Equity Fund | 21.9% | 0 bp | +1.2% |
| TGED.TO | TD Active Global Enhanced Dividend ETF | 21.8% | -10 bp | -0.6% |
| HPYE.TO | Harvest Premium Yield Enhanced ETF | 19.6% | -10 bp | +1.1% |
| QMVP.TO | HAMILTON CHAMPIONS TM U.S. Technology Index ETF | 19.6% | -56 bp | +0.8% |
| CMOM.TO | CI U.S. Enhanced Momentum Index ETF | 18.3% | -45 bp | +0.5% |
| HTA.TO | Harvest Tech Leaders Income ETF | 18.2% | +10 bp | 0.0% |
Risk and Returns: ZFN.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
Sample data. Subscribe for access.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
2.9%
ALTAR SCORE™
2nd
PERCENTILE
AVOID
ETFRC RATING
There are 415 funds in the International Equity category with an average
ALTAR Score™ of 6.1% and a standard deviation
of 1.6%. ZFN.TO's ALTAR Score™ is approximately -2.1 standard
deviations above the category average. This places ZFN.TO in the 2nd percentile
among funds in the category.
Sell-Side Consensus
$58.42
PRICE TARGET
-7.2%
UPSIDE