BMO Equal Weight Oil & Gas Index ETF (ZEO) was developed to invest in oil and gas companies in correlation to the Solactive Equal Weight Canada Oil & Gas Index. The securities of the Fund are invested into the Constituent Securities of the Index and kept in the same proportion.
The characteristics of the Fund are:
- potential for capital growth
- low investment risk
- investments to oil and gas Canadian companies
More information about the fund of Bank of Montreal Harris in Canada can be found at the bank's site.