BMO Short-Term Bond Index ETF (ZSB.TO) TSX

49.06

+0.01(+0.02%)

Updated at October 03 03:41PM

Currency In CAD

BMO Short-Term Bond Index ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

March 07, 2018

Key Executives

N/A

Description

The fund invests in Canadian federal, provincial and investment grade corporate debts with remaining maturities between one and five years. The market-value-weighted invests in CAD-denominated issues with more than CAD 300 million outstanding. The index undergoes monthly rebalancing. The fund aims to hold securities in the same proportions as they are reflected in the index. The Manager may also utilize a sampling strategy, which uses quantitative 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.