BMO Emerging Markets Bond Hedged to CAD Index ETF (ZEF.TO) TSX

12.53

+0.03(+0.24%)

Updated at September 05 03:59PM

Currency In CAD

BMO Emerging Markets Bond Hedged to CAD Index ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

May 26, 2010

Key Executives

N/A

Description

The fund provides exposure to a diversified basket of emerging market sovereign bonds denominated in USD. The index will include up to three bonds per emerging market country and will consist of securities with 18 months (1.5 years) to 10 years until maturity. Eligible constituents are the most liquid bonds from emerging market countries in the following region: Latin America, Europe, the Middle East and Africa, and Asia. The index is gross domestic product-weighted, economy size determines the relative weights of each country. It is rebalanced annually. The fund aims to hold securities in parallel proportions as they are reflected in the index and will use derivative instruments to hedge back to the Canadian dollar.