03:21:48 EST Thu 05 Feb 2026
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BMO MSCI USA Equal Weight to trade on TSX

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

The Toronto Stock Exchange reports that BMO MSCI USA Equal Weight 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 150,000 Canadian-dollar units, 150,000 Canadian-dollar hedged units and 100,000 U.S.-dollar units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The Canadian-dollar units will trade under the symbol ZEQL and with Cusip No. 09664F 10 4, the Canadian-dollar hedged units will trade under the symbol ZEQL.F and with Cusip No. 09664F 20 3, and the U.S.-dollar units will trade under the symbol ZEQL.U and with Cusip No. 09664F 30 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 issuers listed in the United States 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, in the currency in which the units are denominated, on a quarterly 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 150,000 units at $30 (Canadian) per unit, 150,000 hedged units at $30 (Canadian) per unit and 100,000 units at $30 (U.S.) 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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