MNY
Purpose Cash Management Fund

Full MNY fund page
VS
ZUT
BMO Equal Weight Utilities Index ETF

Full ZUT fund page

When evaluating costs, MNY features a management fee (MER) of 0.2%, compared to 0.55% for ZUT. Performance-wise, MNY has returned 0.84% year-to-date with +$163 M in net flows, whereas ZUT is at 16.08% with -$63 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

-4.0-3.0-2.0-1.00.01.02.0%Apr 7Apr 14Apr 21Apr 28May 5

Key Data

Historical performance and flows

As of May 7, 2026
1M3MYTD1Y3Y
Perf.
MNY
+0.20%+0.57%+0.84%+2.63%+12.39%
ZUT
-1.06%+11.27%+16.08%+29.45%+38.54%
Flows
MNY
+$80 M+$48 M+$163 M+$596 M+$1,577 M
ZUT
+$24 M-$35 M-$63 M+$131 M+$310 M

MNY vs ZUT exposure

Countries

MNY
Exposure data will be available soon
ZUT
Canada
85.16%
Bermuda
14.84%

Sectors

MNY
Exposure data will be available soon
ZUT
Utilities
100.00%
As of May 7, 2026

Top 10 Holdings

MNY
Exposure data will be available soon
ZUT
BORALEX
9.91%
NORTHLAND POWER
7.97%
BROOKFIELD RENEWABLE PARTNERS
7.84%
CAPITAL POWER
7.84%
ALTAGAS
7.70%
ATCO
7.53%
ALGONQUIN POWER
7.52%
TRANSALTA
7.49%
EMERA
7.42%
CANADIAN UTILITIES
7.38%

Diversification

MNY
Exposure data will be available soon
ZUT
Total weight of top 10 holdings out of 13 total
78.61%

Characteristics

Compare
MNY
ZUT
ProviderPurpose InvestmentsBMO
ManagementActively managedPassively managed
Benchmark-Solactive Equal Weight Canada Utilities Total Return Index - CAD
Replication MethodDirect (Physical)
Asset ClassFixed IncomeEquity
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield2.61%2.89%
Meets ESG criteriaNoNo
Inception DateSeptember 14, 2022January 19, 2010

Frequently asked questions about MNY and ZUT

Which ETF has performed better year to date: MNY or ZUT?
As of May 7, 2026, MNY has returned 0.84% year to date, while ZUT has returned 16.08%. ZUT is ahead on YTD performance.
Which ETF is larger by assets under management: MNY or ZUT?
As of May 7, 2026, MNY manages $1.77 B in assets, while ZUT manages $875.85 M. MNY is the larger fund by AUM.
How are MNY and ZUT managed?
MNY is actively managed by Purpose Investments. It does not track an index. ZUT is passively managed by BMO. It tracks the Solactive Equal Weight Canada Utilities Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: MNY or ZUT?
Year to date, MNY has seen +$162.71 M in net flows, compared with -$63.05 M for ZUT. MNY has attracted more net investor money so far.
How do the fees of MNY and ZUT compare?
MNY has an expense ratio of 0.22%, while ZUT has an expense ratio of 0.61%.

Recent articles about MNY and ZUT

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