Keith Richards BMO Low Volatility Emerging Markets Equity ZLE-T WAIT Jun 20, 2019

This is a bunch of companies that are utilities, telcos, consumer staples; not that different than what you see in Canada, the US and Europe. Not cheap right now. The theory is that if we go into a bear market that is ugly for a while, these are safer stocks. They’ll go down less in a bad market, about half to three quarters of the rate of the broader indexes.

You typically get one payout a year from emerging market ETFs. Generally emerging markets pay out a larger dividend. He would look for the distribution to settle out at about 2%. The difference between this and VEE-T is that is it is low volatility.