ZGRO holds 80% global equities + 20% bonds at a 0.20% MER. Same allocation as XGRO and VGRO. Where ZGRO wins: BMO InvestorLine clients get every BMO ETF commission-free. If you hold your portfolio at BMO IL, ZGRO is effectively a 100% free 80/20 one-ticket.
BMO InvestorLine offers commission-free trading on 80+ BMO ETFs — including ZGRO. For a $500/month buy-and-hold accumulator over 30 years, that's ~$3,600 in saved commissions vs a broker charging $9.99/trade. Combined with ZGRO's 0.20% MER, the effective lifetime cost is among the lowest available.
If you bank with BMO and use BMO InvestorLine, ZGRO is the obvious choice — same allocation as XGRO/VGRO at the same 0.20% MER, but with zero commissions on every contribution. Outside the BMO ecosystem, XGRO and VGRO are equally good choices.