Description

The BMO Long Corporate Bond Index ETF is designed to mirror, as closely as practically possible, the returns of the FTSE Canada Long Term Corporate Bond Index, after accounting for its operational costs. This fund allocates capital primarily to a diverse range of debt instruments that typically feature a maturity period extending beyond ten years. The underlying index's constituents are generally Canadian dollar-denominated corporate bonds, issued by domestic entities in Canada, and possessing an investment-grade credit assessment.