Overview
Description
The BMO Nasdaq 100 Equity Index ETF is a type of exchange-traded fund designed to track the performance of the Nasdaq-100 Index. This index includes the 100 largest non-financial companies listed on the Nasdaq Stock Market, providing exposure to some of the most dynamic sectors in the market such as technology, healthcare, and consumer services. By investing in this ETF, investors gain instant diversification across major U.S. companies leading innovation and market growth, such as Apple, Microsoft, and Amazon. This ETF aims to replicate the index's performance by holding a similar weighted portfolio of equity securities. Issued by BMO Global Asset Management, it provides investors with a cost-effective and efficient way to tap into the growth potential of the U.S. equity market through the convenience and liquidity of an ETF. It plays a significant role in many investment portfolios as a core holding, enhancing international exposure and capitalizing on market trends driven by technological advancements.
About
Address
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Phone
+1 8003611392
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE