BMO Balanced ETF (ZBAL)	As of February 28, 2026
(Global Neutral Balanced)

FundGrade A+^® Rating recipient
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2024

Underlying Index
Inception Return (2/15/2019)	8.87 %	Day High/Low	$14.94 / $14.77
YTD Return	3.88 %	52Week High/Low	$42.84 / $14.14

NAVPS (4/2/2026)	$14.92
Change	$0.02 / 0.14 %
Open / Close (4/2/2026)	$14.79 / $14.92

Management Fee	0.15 %
Traded Volume	23,702
Assets ($mil)	-
Rank (1Yr)	366/1712
Std Dev (3Yr)	8.88 %
Beta (3Yr)	1.19
Volatility Ranking (3Yr)	4/10
RRSP Eligibility	Yes
Open to Invest	Open
Annual Dividend	$0.42
Annual Yield	2.84 %

Objective

Seeks to provide a balance of income and potential for long-term capital appreciation, primarily by investing in ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities.

Fund Manager

BMO Asset Management Inc.

Portfolio Manager

Sadiq S. Adatia, CFA, BMO Asset Management Inc.

Sub-Advisor

Asset Allocation
(As of February 28, 2026)

Sector Allocation
(As of February 28, 2026)

Geographic Allocation
(As of February 28, 2026)

Top 10 Holdings

Name	Asset	Sector	Geographic	Percent
BMO Discount Bond Index ETF (ZDB)	Domestic Bonds	Fixed Income	Canada	27.35%
BMO S&P 500 Index ETF (ZSP)	US Equity	Exchange Traded Fund	United States	26.44%
BMO S&P/TSX Capped Composite Index ETF (ZCN)	Canadian Equity	Exchange Traded Fund	Canada	16.04%
BMO US Aggregate Bond Index ETF (Hdg) (ZUAG.F)	Foreign Bonds	Fixed Income	Multi-National	11.72%
BMO MSCI EAFE Index ETF (ZEA)	International Equity	Exchange Traded Fund	Multi-National	10.65%
BMO MSCI Emerging Markets Index ETF (ZEM)	International Equity	Exchange Traded Fund	Multi-National	5.43%
BMO S&P US Mid Cap Index ETF (ZMID)	US Equity	Exchange Traded Fund	United States	1.55%
BMO S&P US Small Cap Index ETF (ZSML)	US Equity	Exchange Traded Fund	United States	0.71%
CANADIAN DOLLAR	Cash and Equivalents	Cash and Cash Equivalent	Canada	0.10%

Performance Data (As of February 28, 2026)

	Return (%)				Annualized Return (%)
Return	1 Mth	3 Mth	6 Mth	YTD	1 Yr	3 Yr	5 Yr	10 Yr
Fund	2.51	3.19	9.40	3.88	14.04	14.04	8.51	-
Benchmark	2.06	1.81	7.02	3.12	10.88	13.30	7.18	7.70
Quartile Ranking	2	2	1	2	1	1	1	-

Calendar Return (%)	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Fund	13.03	15.89	12.48	-10.95	10.32	10.25	-	-	-	-
Benchmark	10.42	17.48	11.69	-11.62	6.48	11.12	12.26	2.68	8.66	2.39
Quartile Ranking	1	1	1	3	2	1	-	-	-	-

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