BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF (ZSU.TO) TSX
Currency In CAD
AD
- General
- Statistics
- Historical Data
- Profile
- Financials
AD
Currency In CAD
Address
100 King St. West, 43rd Floor
Toronto, ON M5X 1A1
Canada
Phone
1-800-361-1392
Sector
Financial Services
Industry
Asset Management - Bonds
Employees
N/A
First IPO Date
February 14, 2014
This BMO Exchange Traded Fund (ETF) is designed to mirror, as closely as possible, the returns of the Bloomberg U.S. Investment Grade 1-5 Year Corporate Bond CAD Hedged Index, after accounting for its operating expenses. It offers investors exposure to a portfolio of high-quality, shorter-dated (1-5 year maturity) corporate bonds issued by U.S. companies. A crucial feature of this fund is its currency hedging strategy, which actively converts the U.S. dollar-denominated returns back into Canadian dollars, thereby mitigating the impact of exchange rate fluctuations for Canadian investors.