13.83
+0.06(+0.44%)
Currency In CAD
Address
Canada
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management - Bonds
Employees
N/A
First IPO Date
January 25, 2010
The fund holds a variety of investment-grade Canadian bonds such as government (including Crown Corporations), provincial, and corporate fixed income securities. The ETF is currently a fund-of-funds and may invest in several other BMO ETFs but it may also use a sampling methodology in selecting investments. The fund follows a CAD-denominated index that consists of semi-annual pay fixed rate bonds with maturities of greater than one year and a credit rating of BBB or higher. The market-value-weighted index is rebalanced on a daily basis.