BMO India Equity Hedged to CAD ETF (ZID-T)
TSE:ZID
48.65
0.50
(1.04%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 3 opinions in the last 12 months.
The BMO India Equity Hedged to CAD ETF, symbol ZID-T, is gaining attention as a viable option for investors seeking exposure to one of the fastest-growing economies in the world. With a forecasted GDP growth rate of around 8%, India presents a compelling investment opportunity, especially as concerns surrounding the Chinese economy increase. Experts recommend ZID for Canadian dollar investors and INDA for those using U.S. dollars. The ETF has displayed balanced sector exposure while adhering to MSCI's ESG criteria, screening out industries like tobacco and firearms. Importantly, the management expense ratio (MER) stands at only 67 basis points, making it a cost-effective alternative compared to similar products in both the Canadian and U.S. markets. While there are considerations regarding currency hedging, experts agree that ZID is a solid choice for exposure to India's growth story.
India has been an amazing growth story, attracting enormous interest. India ETFs in Canada and US tend to be more expensive. Uses MSCI for screens on ESG, which would screen out tobacco and firearms among others. Tries to achieve a balanced sector exposure. One of the better ways to get India from Canada. MER is only 67 bps, significantly cheaper than XID and others.
India is one of those areas of the world where people talk of the long term story. They are relatively insulated from trade wars. He is caught on the long term India market. It is expensive. He owns SCIF-N.
Modi is now allowing Apple to do business there. India's had problems with bureaucracy, and if he makes it easier for foreign companies to come in and raise capital, it could be great. It depends on how the trade talks will go in terms of China. China has many geopolitical issues.
BMO India Equity Hedged to CAD ETF(ZID-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 3
BMO India Equity Hedged to CAD ETF(ZID-T) Frequently Asked Questions
What is BMO India Equity Hedged to CAD ETF stock symbol?
BMO India Equity Hedged to CAD ETF is a Canadian stock, trading under the symbol ZID-T on the Toronto Stock Exchange (ZID-CT). It is usually referred to as TSX:ZID or ZID-T
Is BMO India Equity Hedged to CAD ETF a buy or a sell?
In the last year, 3 stock analysts published opinions about ZID-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO India Equity Hedged to CAD ETF.
Is BMO India Equity Hedged to CAD ETF a good investment or a top pick?
BMO India Equity Hedged to CAD ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO India Equity Hedged to CAD ETF.
Why is BMO India Equity Hedged to CAD ETF stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is BMO India Equity Hedged to CAD ETF worth watching?
3 stock analysts on Stockchase covered BMO India Equity Hedged to CAD ETF In the last year. It is a trending stock that is worth watching.
What is BMO India Equity Hedged to CAD ETF stock price?
On 2025-04-02, BMO India Equity Hedged to CAD ETF (ZID-T) stock closed at a price of $48.65.
The question was on buying an ETF for India. He likes the idea of investing in India. He thinks China will continue to struggle and this benefits India which has good potential at 8% GDP growth forecast. For U.S. dollars he recommends INDA and for Canadian dollars he suggests ZID. He reminds investors that there is a lot of volatility in foreign markets.