50% off Premium Yearly

TSE:ZGRO
This summary was created by AI, based on 2 opinions in the last 12 months.
BMO Growth ETF (ZGRO-T) is ideally positioned for a 38-year-old novice investor who is looking to build a long-term portfolio. With a composition of 80% equities and 20% fixed income, it offers a balanced approach to achieving growth while managing volatility. This ETF aims to provide a good mix for younger investors who have the capability to weather short-term market fluctuations for potential long-term gains. However, it's essential to consider that while it offers exposure to stock market growth, holding it may lead to deferred tax implications, warranting consultation with an accountant. Additionally, it is not well-suited for short-term savings goals, like purchasing a home, and typically features a low management expense ratio (MER).
80% equity, 20% fixed income. Great for the average investor. The one you want when you're bullish on equities. When you're defensive, you go into the balanced or conservative version which brings you down to 60/40 or 40/60 equities to bonds.
Right now, way too early to be bullish on equities. At some point in the next 6 months (ballpark: below 5000 on the S&P 500, and maybe even below 4500), it will be time to be much more growth oriented. Now is not the time.
BMO Growth ETF is a Canadian stock, trading under the symbol ZGRO.TO (previously ZGRO-T on Stockchase) on the Toronto Stock Exchange (ZGRO-CT). It is usually referred to as TSX:ZGRO or ZGRO.TO
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on ZGRO.TO (previously ZGRO-T on Stockchase). 1 analyst recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is BUY. Read the latest stock experts' ratings for BMO Growth ETF.
BMO Growth ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BMO Growth ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for BMO Growth ETF.
BMO Growth ETF is followed by 9 investors on Stockchase and is a trending stock that is worth watching.
On 2026-08-21, BMO Growth ETF (ZGRO.TO) stock closed at a price of $19.44.
38 years old suggests a fairly long time horizon. This ETF has 20% fixed income (to dampen volatility) and 80% equity (for growth). Good building block for a long-term portfolio. Not a good option for saving to, for example, buy a house. Usually pretty low MER.