03:23:16 EST Thu 05 Feb 2026
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BMO MSCI Canada IMI High Dividend Yield to trade on TSX

2026-02-04 19:38 ET - New Listing

The Toronto Stock Exchange reports that BMO MSCI Canada IMI High Dividend Yield Index ETF will be listed at 5:01 p.m. on Feb. 5, 2026, for trading at the open on Feb. 6, 2026. According to the TSX, there will be 50,000 units of the exchange-traded fund (ETF) issued and outstanding, and no securities reserved for issuance. The units will trade under the symbol ZDIV, in Canadian dollars and with Cusip No. 09663U 10 2.

The TSX reports that the ETF seeks to replicate, to the extent possible before fees and expenses, the performance of an index that provides exposure to equity securities of large-, mid- and small-capitalization issuers in Canada by investing, directly or indirectly, in: the instruments included in the index (an index constituent), each in proportion to its weight in the index; and/or instruments that are not index constituents but that have, in the aggregate, investment characteristics similar to the index or to a subset of the index constituents. According to the TSX, the ETF expects to pay cash distributions on its units, if any, on a monthly basis.

The TSX reports that the ETF's manager and trustee is BMO Asset Management Inc., its transfer agent and registrar is State Street Trust Company Canada at its principal offices in Toronto, and its fiscal year-end is Dec. 31. As stated in its prospectus dated Jan. 23, 2026, the ETF is issuing 50,000 units at $30 per unit in its initial public offering. It expects to close the offering before the open on Feb. 6, 2026. The designated market-maker is BMO Nesbitt Burns Inc.

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