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Overview

Fund Profile

Key Facts

Fund Ticker ZMSB
Net Assets (Mn)
(Mar 22, 2019)
$ 3.79
Base Currency CAD
Closing Market Price $ 30.31
12-Month Low/High (Market Price) $ 28.95 / $ 30.31
Closing NAV Price
(Mar 22, 2019)
$ 30.2887
12-Month Low/High (Price (NAV)) $ 28.9390 / $ 30.2887
Weighted Average Term (Years) 5.6
Weighted Average Coupon (%) 4.00%
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.

3.60%
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.

4.40%
Weighted Average Duration (Years) 3.60
Maximum Annual Management Fee 0.60%
Management Expense Ratio 0.67%

Estimate only. Audited MER is unavailable since the ETF has not yet completed a financial year.

Market Volume 16,000
Distribution Frequency -
Options Available No
Inception Date May 29, 2018
Fiscal Year-End September 30
Units Outstanding (000's) 125
Index -
Exchange Toronto Stock Exchange
CUSIP 05585W101
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

The ETF invests in global fixed income securities and actively seeks to capitalize across sectors, including investment grade corporate bonds, government bonds, emerging market bonds, high yield bonds, and securitized bonds. The portfolio uses fundamental and quantitative analysis of credit ratings and other research methods.

Fund Benefits

  • Designed for investors looking for reliable income and growth potential
  • Designed for investors looking for global credit exposure
  • Invested in a diversified portfolio of investment grade bonds, government bonds, emerging market bonds, high yield bonds, and securitized bonds
  • Professionally managed by BMO Global Asset Management EMEA

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)
$ 3.79
Market Price $ 30.31
12-Month Low/High (Market Price) $ 28.95 / $ 30.31
Price (NAV) $ 30.2887
12-Month Low/High (Price (NAV)) $ 28.9390 / $ 30.2887
Distribution Frequency -

Daily Prices

Unit Price as of
(Mar 22, 2019)
1 Day Change 1 Day % Change
Market Price $ 30.31 $ 0.04 0.13%
Price (NAV) $ 30.2887 $ 0.0042 0.01%

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 0.250000 0.000000 0.250000
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 - - -
Download Distribution Tax (Excel)
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

98.19%

Cash and Cash Equivalents

1.81%

Number of Holdings

88

Total Net Assets

$ 3,787,092.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
2.05% Aviva Fx/Flr 6.125 Perp XS0177447983 100,000 GBP 6.13 09/29/2049 190,340 - Fixed Income
1.95% DP World 4.25 25Sep30 XS1883878883 100,000 GBP 4.25 09/25/2030 180,911 - Fixed Income
1.91% Virgin Media 5.00 15Apr27 XS1555173019 100,000 GBP 5.00 04/15/2027 176,990 - Fixed Income
1.90% HSBC Fx/Flr 2.175 27Jun23 XS1823595647 100,000 GBP 2.17 06/27/2023 176,117 - Fixed Income
1.88% Korea Dev Bk 1.75 15Dec22 XS1710541506 100,000 GBP 1.75 12/15/2022 174,141 - Fixed Income
1.86% CYBG Fx/Flr 4.00 25Sep26 XS1775239095 100,000 GBP 4.00 09/25/2026 172,487 - Fixed Income
1.79% Fiat Chryslr 3.75 29Mar24 XS1388625425 100,000 EUR 3.75 03/29/2024 166,281 - Fixed Income
1.77% Bq Fed Cred 3.00 11Sep25 XS1288858548 100,000 EUR 3.00 09/11/2025 163,933 - Fixed Income
1.76% Intl Game T 4.75 15Feb23 XS1204434028 100,000 EUR 4.75 02/15/2023 163,186 - Fixed Income
18.46% CASH - 1 CAD - - 1,713,428 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Credit Allocation

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