BMO Conservative ETF (ZCON.TO)

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The BMO Conservative ETF (ZCON) is designed to generate consistent income and achieve modest capital appreciation over the long term. It accomplishes this by investing in a diverse selection of underlying global stock and bond exchange-traded funds. The portfolio undergoes systematic rebalancing each quarter to ensure it aligns with its predetermined strategic, index-based asset allocation targets. This ETF primarily holds widely diversified, passively managed equity and fixed income ETFs. As a multi-fund structure, it offers a notable fee benefit: the management fees charged are adjusted downwards to account for the expenses already incurred by its constituent funds, thereby preventing duplicate charges.