- The investment strategy as stated in the fund's prospectus is: BMO Nasdaq 100 Equity Index ETF seeks to replicate, to the extent possible, the performance of a NASDAQ listed companies index, net of expenses. Currently, and BMO Nasdaq 100 Equity Index ETF seeks to replicate the performance of the NASDAQ-100 Index. The portfolio is overweight in technology and communication services relative to the category average by 20.4 and 6.2 percentage points, respectively. The sectors with low exposure compared to category peers are financial services and healthcare, underweight the average by 13.0 and 6.5 percentage points of assets, respectively. The portfolio is positioned across 113 holdings and is relatively concentrated. Specifically, 49.9% of the strategy's assets are housed within the top 10 holdings, compared with the typical peer's 36.0%. And in closing, in terms of portfolio turnover, this fund trades less frequently than the category's average, potentially limiting costs to investors.
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