ZFH.TO
BMO Floating Rate High Yield ETF
ZFH.TO
15,03
0,13 Bil. AUM
0,5% Expense Ratio
14,78 NAV
BMO Floating Rate High Yield ETF Profile
About BMO Floating Rate High Yield ETF
The fund actively manages a portfolio of Canadian government short-term bonds to minimize interest rate and currency risk while holding credit default swaps (CDS) to enhance yields. The CDS provide exposure to a diversified basket of US high yield or non-investment grade issuers. The CDS is believed to benefit the fund by having a central clearing, liquidity, pricing transparency, counterparty assurance, and regulatory oversight. ZFH may invest in the following securities to achieve its objectives: other ETFs, mutual funds or other investment funds and derivatives, such as, indices of CDS, and interest rate swaps.
- Company
- Holdings
- 0
- CUSIP
BMO Floating Rate High Yield ETF Sectors
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