The BMO Conservative ETF (ZCON.TO) is designed to provide income and moderate long-term capital appreciation by investing in global equity and fixed income ETFs. The ETF will rebalance quarterly to strategic index asset allocation weights. The ETF will invest in broad indexed equity and fixed income ETFs. ZCON is a fund of fund; the management fees charged are reduced by those accrued in the underlying funds.
An Exchange Traded Fund (ETF) is a collection of hundreds or thousands of stocks or bonds in a single fund that trades on major stock exchanges. ETFs combine the diversification of mutual funds with lower investment minimum and real-time pricing.
What is the Best Conservative All-in-One ETF in Canada?
- CSCB.NE: CIBC Sustainable Conservative Balanced Solution
- FCNS.NE: Fidelity All-in-One Conservative ETF Fund
- GCNS.TO: iShares ESG Conservative Balanced ETF Port
- HCON.TO: Horizons Conservative TRI ETF Portfolio
- MCON.TO: Mackenzie Conservative Allocation ETF
- VCNS.TO: Vanguard Conservative ETF Portfolio
- XCNS.TO: iShares Core Conservative Balanced ETF Portfolio
- ZCON.TO: BMO Conservative ETF
Here is a table comparing ZCON to similar conservative (40/60) asset allocation ETFs as of June 30, 2023.
| Manager |  |  |  |  |  |  |
| ETF | XCNS | ZCON | FCNS | HCON | MCON | VCNS |
| Inception | 2019-08-07 | 2019-02-15 | 2022-01-20 | 2018-08-01 | 2020-09-29 | 2018-01-25 |
| MER | 0.20% | 0.20% | 0.38% | 0.20% | 0.19% | 0.24% |
| AUM | $192,564,699 | $39,440,000 | $120,500,000 | $50,621,100 | $26,739,328 | $469,900,000 |
| Yield | 2.29% | 2.80% | N/A | 2.92% | 2.48% | 2.47% |
| Distributions | Quarterly | Quarterly | Annually | Monthly | Quarterly | Quarterly |
| 1Y | 3.83% | 3.38% | 4.69% | 4.65% | 4.0% | 3.34% |
| 3Y | 0.77% | 0.20% | N/A | 0.91% | 0.7% | 0.17% |
| 5Y | N/A | N/A | N/A | 4.39% | N/A | 3.09% |
| 10Y | N/A | N/A | N/A | N/A | N/A | N/A |
