BMO Long Provincial Bond Index E Logo

BMO Long Provincial Bond Index E

ZPL.TO

ETF Price

12,37

0,31 Bil. AUM

0,3% Expense Ratio

12,65 NAV

BMO Long Provincial Bond Index E Profile

About BMO Long Provincial Bond Index E

The fund provides exposure to long term bonds in the Canadian provincial sector, which includes Canadian provinces and provincial or territorial corporations, incorporated under their respective jurisdiction. The index holds CAD-denominated bonds with 10 years or more until maturity. These securities are generally guaranteed by the Canadian Provincial Governments and its agencies and have a credit rating of BBB or higher. The index undergoes daily rebalance. The fund aims to hold fixed income securities in the same proportions as they are reflected in the index. The Manager may also opt to use a sampling strategy, which uses quant 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. Sibling fund ZMP provides the same exposure but with maturities of 5-10 years while ZPS caters to maturities of five years or less.

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BMO Long Provincial Bond Index E Sectors

BMO Long Provincial Bond Index E Sectors
Industry Percentage