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Overview

Fund Profile

Key Facts

Fund Ticker ZCPB
Net Assets (Mn)
(Mar 22, 2019)
$ 127.96
Base Currency CAD
Closing Market Price $ 31.09
12-Month Low/High (Market Price) $ 29.87 / $ 31.09
Closing NAV Price
(Mar 22, 2019)
$ 31.2092
12-Month Low/High (Price (NAV)) $ 29.5554 / $ 31.2092
Weighted Average Term (Years) 10.27
Weighted Average Coupon (%) 3.15%
Annualized Distribution Yield
(Feb 28, 2019)

Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV.

2.63%
Weighted Average Yield to Maturity (%)

Weighted Average Yield to Maturity: The market value weighted average yield to maturity includes the coupon payments and any capital gain or loss that the investor will realize by holding the bonds to maturity.

2.92%
Weighted Average Duration (Years) 7.41
Maximum Annual Management Fee 0.50%
Management Expense Ratio 0.56%
Market Volume 269
Distribution Frequency -
Options Available No
Inception Date May 29, 2018
Fiscal Year-End September 30
Units Outstanding (000's) 4,100
Index -
Exchange Toronto Stock Exchange
CUSIP 055656102
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

The ETF primarily invests in Canadian fixed income and actively seeks to capitalize on yield curve positioning, duration management, sector diversification, and security selection. With access to extensive expertise across fixed income, the ETF also tactically invests in foreign bonds, currency, and employ overlay strategies.

Fund Benefits

  • Designed for investors looking for reliable income and growth potential
  • Invested primarily in a diversified portfolio of core Canadian bonds
  • Professionally managed by BMO Global Asset Management

Risk Rating

  • Low
  • Low to Medium
  • Medium
  • Medium to High
  • High

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Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Fund Total Assets ($Mn)
(Mar 22, 2019)
$ 127.96
Market Price $ 31.09
12-Month Low/High (Market Price) $ 29.87 / $ 31.09
Price (NAV) $ 31.2092
12-Month Low/High (Price (NAV)) $ 29.5554 / $ 31.2092
Distribution Frequency -

Daily Prices

Unit Price as of
(Mar 22, 2019)
1 Day Change 1 Day % Change
Market Price $ 31.09 $ 0.15 0.48%
Price (NAV) $ 31.2092 $ 0.1900 0.61%

Performance

Annualized Performance

Annualized Performance (%) for period ending: -

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV - - - - - -
Index - - - - - -
Calendar Performance

Calendar Year Performance (%) for period ending: -

YTD 2018
NAV - -
Index - -
Cumulative Performance

Cumulative Performance (%) for period ending: -

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV - - - - - - - - - -
Index - - - - - - - - - -

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Tax & Distributions

Distribution History

Each BMO ETF will distribute net taxable income to investors at least once a year. A BMO ETF will have taxable income if the income generated (for example interest, dividend, capital gains, etc.) by the securities within the BMO ETF is greater than the expenses of the BMO ETF. The distributions will either be paid in cash or reinvested in the BMO ETF at the discretion of the manager. The future distribution dates for BMO ETFs may change at any time and whether or not a distribution occurs will depend on the tax characteristics of the underlying investments.

The following table lists historical distributions and includes information about the frequency dollar value and tax composition of the distribution. The tax composition of the BMO ETF distribution will be determined on a yearly basis and will only be available after the BMO ETFs tax year. This information will be reported in an official tax receipt provided to investors by their broker.

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Distribution Period

Future distribution dates may change without any prior notice.

Ex-Dividend Date Record Date Pay Date Cash Distribution Per Unit Reinvested Distribution Per Unit

Distributions by the BMO ETF that are not paid in cash should be accounted for by investors for tax purposes by adding the distribution amount to the adjusted cost base of the units held.

Total Distribution Per Unit
Mar, 2019 Mar 27, 2019 Mar 28, 2019 Apr 02, 2019 0.200000 0.000000 0.200000
Jun, 2019 Jun 26, 2019 Jun 27, 2019 Jul 03, 2019 - - -
Sep, 2019 Sep 26, 2019 Sep 27, 2019 Oct 02, 2019 - - -
Dec, 2019 Dec 27, 2019 Dec 30, 2019 Jan 03, 2020 - - -
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Distribution Period Eligible Dividends Non Eligible Dividends Other Income Capital Gains Return of Capital Foreign Income Foreign Tax Paid Total Distribution per Unit for Tax Purpose

The exact tax treatment of the distributions for a calendar year is calculated after the BMO ETF's tax year-end. As a result investors will receive an official tax statement from their broker detailing the type of income they have to report for tax purposes for the entire year and not for each distribution.

- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Feb 28, 2019

Fixed Income

91.70%

Cash and Cash Equivalents

8.30%

Number of Holdings

232

Total Net Assets

$ 127,958,586.00


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No column selected.
Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
7.34% Cda Govt 2.75 01Dec48 CA135087D358 148,576,000 CAD 2.75 12/01/2048 167,803,139 - Fixed Income
4.36% Ontario 2.90 02Jun49 CA68333ZAA53 101,659,000 CAD 2.90 06/02/2049 99,633,003 - Fixed Income
3.87% Can 10Y Bond Fut Jun19 - 652 CADM - 06/19/2019 88,482,920 - Cash and Cash Equivalents
3.81% Wells Fargo 2.944 25Jul19 CA94975ZBM73 86,542,000 CAD 2.94 07/25/2019 87,004,689 - Fixed Income
2.71% Quebec Prov 3.50 01Dec48 CA74814ZEW91 56,000,000 CAD 3.50 12/01/2048 61,884,695 - Fixed Income
2.53% Ontario 2.90 02Jun28 CA68333ZAC10 56,849,000 CAD 2.90 06/02/2028 57,743,272 - Fixed Income
2.23% Royal TDR 1.7 Mar 1 19 CANRY1903010 50,900,000 CAD 1.70 03/01/2019 50,902,371 - Cash and Cash Equivalents
2.18% Quebec Prov 2.75 01Sep27 CA74814ZFB46 48,569,000 CAD 2.75 09/01/2027 49,851,222 - Fixed Income
2.11% Ontario 2.80 02Jun48 CA68323ADZ45 50,329,000 CAD 2.80 06/02/2048 48,276,893 - Fixed Income
1.76% CASH - 1 CAD - - 40,127,972 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Credit Allocation

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