BMO SPDR MATERIALS SELECT SECTOR INDEX ETF (CAD, ZXLB.F) ZXLB.F.CA

The BMO SPDR Materials Select Sector Index ETF is a Canadian ETF that seeks to replicate, before fees and expenses, the performance of the Materials Select Sector Index. That index is a sub-index of the S&P 500 and includes companies from the U.S. materials sector, as defined by the Global Industry Classification Standard (GICS), weighted by float-adjusted market capitalization.

In pursuing its objective, the ETF invests substantially all its assets, directly or indirectly, in either the securities comprising the index in approximately the same proportions, and/or in the Materials Select Sector SPDR® Fund as a reference ETF. The issuer is BMO Asset Management Inc., and the vehicle is structured as an exchange-traded fund listed in Canada.

Its methodology follows that of the benchmark index: large-cap U.S. materials sector equities, with float-adjusted market-cap weighting, quarterly rebalancing.