Description

The BMO High Quality Corporate Bond Index ETF endeavors to closely mirror the investment results of the FTSE Canada 1-10 Year A+ Corporate Bond Index, after accounting for its operational expenses. This fund allocates capital to debt instruments that mature more than one year from issuance but in less than ten years. The underlying index is composed of Canadian corporate bonds, issued within Canada and denominated in Canadian dollars, which possess a credit rating of A or higher.