ZCM.TO
BMO Mid Corporate Bond Index ETF
ZCM.TO
15,34
1,38 Bil. AUM
0,3% Expense Ratio
15,30 NAV
BMO Mid Corporate Bond Index ETF Profile
About BMO Mid Corporate Bond Index ETF
The fund invests in CAD-denominated corporate bonds issued in Canada. The corporate sector is divided into sub-sectors: financial, communication, industrial, energy, infrastructure, real estate and securitization. The fund tracks a market-value-weighted index of investment grade bonds with maturities between 5-10 years. The index is rebalanced daily and holds semi-annual pay fixed rate bonds with credit rating of BBB or higher. ZCM aims to hold securities in parallel proportions as they are reflected in the index. The Manager may also use a sampling methodology, which uses quantitative analysis to select bonds that resemble index constituents in terms of key risk factors, performance attributes, industry weightings, market capitalization and other appropriate financial characteristics.
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BMO Mid Corporate Bond Index ETF Sectors
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