BMO Global Communications Index ETF
COMM.TO
Toronto Stock Exchange- -
CAD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 100 King St. West, 43rd Floor Toronto ON Canada M5X 1A1
- IPO Date
- May 8, 2018
- Website
- bmogam.com
- Similar Companies
- Business
- BMO Global Communications Index ETF (COMM.TO) is an exchange-traded fund that seeks to replicate, to the extent possible before fees and expenses, the performance of the Solactive Media and Communications Index, a global benchmark providing exposure to equity securities in the communication services sector. The ETF invests in a diversified portfolio of growth and value stocks across large-, mid-, and small-cap companies operating in areas such as telecommunications services, media and entertainment, interactive media and services, and wireless telecommunication services; it employs a full replication technique to hold the index constituents in the same proportions, with potential sampling methodologies as needed. Listed on the Toronto Stock Exchange, the ETF targets investors seeking sector-specific exposure to global communications companies, including major holdings like Apple Inc., Netflix Inc., Meta Platforms Inc., Alphabet Inc., and The Walt Disney Company. Launched on May 2, 2018, and managed by BMO Asset Management Inc., a wholly-owned indirect subsidiary of Bank of Montreal headquartered in Toronto, Ontario, Canada, the ETF operates primarily in Canadian markets while providing geographic diversification across developed and emerging global regions through its underlying index, which applies minimum market capitalization, liquidity screens, and UCITS-compliant weighting for diversification. The management expense ratio stands at 0.35%, with quarterly distributions; as of recent data, it maintains approximately $65 million in managed assets, 1,455,000 shares outstanding, and a net asset value around CAD 43.53 per unit. The fund is RRSP-eligible and pays an annual dividend yield of about 1.08%, with the latest quarterly dividend of CAD 0.120 declared on June 27, 2025. In the past 1-2 years, the ETF has seen routine operational updates typical of its passive structure, including September 2025 cash and reinvested distribution announcements by BMO Asset Management Inc., an estimated annual reinvested distribution of CAD 0.913 per unit disclosed in November 2025, and October 2025 notices of certain changes to BMO ETFs such as potential rebalancing or fee adjustments across the suite, though no major acquisitions, new product launches, or strategic shifts specific to COMM.TO were reported. Performance highlights include a 1-year return of 31.75% to 36.95%, a 3-year cumulative return of 79.61%, and a 5-year return of 68.44% as of late 2025, reflecting strong sector recovery amid global communications growth. BMO Asset Management continues to expand its ETF lineup, maintaining COMM.TO as a core offering in its communication services segment with no recent reorganizations or name changes.