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BMO US Equity Buffer Hedged to CAD ETF - October ZOCT.NE

Is BMO US Equity Buffer Hedged to CAD ETF - October Halal?

Shariah Compliance Analysis of ZOCT.NE ETF

No. As of October 2026, BMO US Equity Buffer Hedged to CAD ETF - October (ZOCT.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

ZOCT.NE was created on 2023-10-02 by BMO. The fund's investment portfolio concentrates primarily on large cap equity. ZOCT.NE seeks to match the upside return of a US large cap index, up to a cap and over a one year period, while providing a buffer for the first 15% of losses. This fund is hedged to CAD.

ZOCT.NE Shariah Compliance

As of October 2026, BMO US Equity Buffer Hedged to CAD ETF - October is classified as not halal.

NOT HALAL

BMO US Equity Buffer Hedged to CAD ETF - October (ZOCT.NE) Chart

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