loading...
Overview

Fund Profile

Key Facts

Fund Ticker ZTM.U
Net Assets (Mn)
(Jan 18, 2019)
$ 0.99
Base Currency USD
Closing Market Price $ 49.52
12-Month Low/High (Market Price) $ 47.97 / $ 49.67
Closing NAV Price
(Jan 18, 2019)
$ 49.3324
12-Month Low/High (Price (NAV)) $ 47.7470 / $ 50.0674
Weighted Average Term (Years) 6.92
Weighted Average Coupon (%) 2.37%
Annualized Distribution Yield
(Jan 11, 2019)

Annualized Distribution Yield: The most recent regular distribution (excluding year end distributions for those ETFs that distribute more frequently) annualized for frequency divided by current NAV.

1.85%
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.

2.59%
Weighted Average Duration (Years) 6.28
Maximum Annual Management Fee 0.20%
Management Expense Ratio 0.24%
Market Volume 2
Distribution Frequency Quarterly
Options Available No
Inception Date Feb 28, 2017
Fiscal Year-End December 15
Units Outstanding (000's) 20
Index Bloomberg Barclays U.S. Treasury 5 - 10 Year Bond Index
Exchange NEO
CUSIP 05583N202
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

The BMO Mid-Term US Treasury Bond Index ETF has been designed to replicate, to the extent possible, the performance of the Bloomberg Barclays U.S. Treasury 5 – 10 Year Bond Index, net of expenses. The Fund invests in a variety of U.S. Treasuries primarily with a term to maturity between five and ten years.

Benchmark Info

The Bloomberg Barclays U.S. Treasury 5 - 10 Year Bond Index consists of U.S. Treasury bonds denominated in Canadian dollars, with an effective term to maturity between five and ten years and greater than $250 million shares outstanding. Each security in the index is weighted by its relative market capitalization and rebalanced on a monthly basis.

Fund Benefits

  • Designed for investors looking for consistent income
  • Invested in a diversified portfolio of U.S. Treasury bonds
  • Includes bonds with five to ten years to maturity
  • Professionally managed by BMO Global Asset Management 

Risk Rating

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

Download

Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Fund Total Assets ($Mn)
(Jan 18, 2019)
$ 0.99
Market Price $ 49.52
12-Month Low/High (Market Price) $ 47.97 / $ 49.67
Price (NAV) $ 49.3324
12-Month Low/High (Price (NAV)) $ 47.7470 / $ 50.0674
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Jan 18, 2019)
1 Day Change 1 Day % Change
Market Price $ 49.52 - -
Price (NAV) $ 49.3324 $ -0.1335 -0.27%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Dec 31, 2018

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 1.16% - - - - 1.04%
Index 1.22% - - - - 1.38%
Calendar Performance

Calendar Year Performance (%) for period ending: Dec 31, 2018

YTD 2017
NAV 1.16% 0.76%
Index 1.22% 1.31%
Cumulative Performance

Cumulative Performance (%) for period ending: Dec 31, 2018

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 1.16% 2.33% 3.38% 2.84% 1.16% - - - - 1.93%
Index 1.22% 2.39% 3.40% 2.85% 1.22% - - - - 2.54%

Download

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.

Download Distribution History (Excel)
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 - - -
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.

- - - - - - - - -

Download

Holdings & Allocations

Daily Holdings

As of Jan 18, 2019

Fixed Income

99.24%

Cash and Cash Equivalents

0.76%

Number of Holdings

46

Total Net Assets

$ 986,647.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
3.98% US TREASURY N/B 11/24 2.25 US912828G385 525,000 USD 2.25 11/15/2024 684,047 - Fixed Income
3.86% US TREASURY N/B 02/28 2.75 US9128283W81 495,000 USD 2.75 02/15/2028 663,632 - Fixed Income
3.78% US TREASURY N/B 02/25 2 US912828J272 505,000 USD 2.00 02/15/2025 650,549 - Fixed Income
3.68% US TREASURY N/B 05/28 2.875 US9128284N73 470,000 USD 2.88 05/15/2028 632,045 - Fixed Income
3.57% US TREASURY N/B 11/26 2 US912828U246 485,000 USD 2.00 11/15/2026 612,909 - Fixed Income
3.51% US TREASURY N/B 05/24 2.5 US912828WJ58 455,000 USD 2.50 05/15/2024 602,473 - Fixed Income
3.50% US TREASURY N/B 08/24 2.375 US912828D564 455,000 USD 2.38 08/15/2024 601,374 - Fixed Income
3.45% US TREASURY N/B 05/25 2.125 US912828XB14 460,000 USD 2.13 05/15/2025 593,007 - Fixed Income
3.35% US TREASURY N/B 02/27 2.25 US912828V988 445,000 USD 2.25 02/15/2027 575,287 - Fixed Income
3.24% US TREASURY N/B 05/27 2.375 US912828X885 430,000 USD 2.38 05/15/2027 557,639 - Fixed Income
3.24% US TREASURY N/B 11/27 2.25 US9128283F58 435,000 USD 2.25 11/15/2027 556,487 - Fixed Income
3.17% US TREASURY N/B 08/26 1.5 US9128282A70 445,000 USD 1.50 08/15/2026 545,115 - Fixed Income
3.15% US TREASURY N/B 02/26 1.625 US912828P469 435,000 USD 1.63 02/15/2026 541,120 - Fixed Income
3.09% US TREASURY N/B 05/26 1.625 US912828R366 430,000 USD 1.63 05/15/2026 531,220 - Fixed Income
3.06% US TREASURY N/B 08/25 2 US912828K742 410,000 USD 2.00 08/15/2025 526,006 - Fixed Income
3.05% US TREASURY N/B 11/25 2.25 US912828M565 405,000 USD 2.25 11/15/2025 524,496 - Fixed Income
3.00% US TREASURY N/B 08/27 2.25 US9128282R06 400,000 USD 2.25 08/15/2027 515,536 - Fixed Income
2.98% US TREASURY N/B 02/24 2.75 US912828B667 380,000 USD 2.75 02/15/2024 513,079 - Fixed Income
2.17% US TREASURY N/B 08/28 2.875 US9128284V99 275,000 USD 2.88 08/15/2028 372,378 - Fixed Income
2.00% US TREASURY N/B 12/24 2.25 US9128283P31 265,000 USD 2.25 12/31/2024 344,159 - Fixed Income
1.88% US TREASURY N/B 11/28 5.25 US912810FF04 200,000 USD 5.25 11/15/2028 323,554 - Fixed Income
1.80% US TREASURY N/B 11/28 3.125 US9128285M81 225,000 USD 3.13 11/15/2028 309,111 - Fixed Income
1.68% US TREASURY N/B 08/25 2.75 US9128284Z04 215,000 USD 2.75 08/31/2025 289,434 - Fixed Income
1.66% US TREASURY N/B 01/25 2.5 US9128283V09 215,000 USD 2.50 01/31/2025 285,992 - Fixed Income
1.57% US TREASURY N/B 02/25 2.75 US9128283Z13 200,000 USD 2.75 02/28/2025 269,446 - Fixed Income
1.57% US TREASURY N/B 11/25 2.875 US9128285N64 200,000 USD 2.88 11/30/2025 269,546 - Fixed Income
1.55% US TREASURY N/B 06/25 2.75 US912828XZ81 200,000 USD 2.75 06/30/2025 266,922 - Fixed Income
1.49% US TREASURY N/B 05/25 2.875 US9128284R87 190,000 USD 2.88 05/31/2025 256,030 - Fixed Income
1.46% US TREASURY N/B 01/24 2.25 US912828V806 190,000 USD 2.25 01/31/2024 250,389 - Fixed Income
1.46% US TREASURY N/B 07/25 2.875 US912828Y792 185,000 USD 2.88 07/31/2025 251,608 - Fixed Income
1.45% US TREASURY N/B 04/25 2.875 US9128284M90 185,000 USD 2.88 04/30/2025 249,917 - Fixed Income
1.44% US TREASURY N/B 03/25 2.625 US9128284F40 185,000 USD 2.63 03/31/2025 246,774 - Fixed Income
1.44% US TREASURY N/B 10/24 2.25 US9128283D01 190,000 USD 2.25 10/31/2024 247,950 - Fixed Income
1.39% US TREASURY N/B 09/25 3 US9128285C00 175,000 USD 3.00 09/30/2025 238,851 - Fixed Income
1.37% US TREASURY N/B 02/24 2.125 US912828W481 180,000 USD 2.13 02/29/2024 235,149 - Fixed Income
1.32% US TREASURY N/B 09/24 2.125 US9128282Y56 175,000 USD 2.13 09/30/2024 227,297 - Fixed Income
1.32% US TREASURY N/B 11/24 2.125 US9128283J70 175,000 USD 2.13 11/30/2024 226,227 - Fixed Income
1.25% US TREASURY N/B 03/24 2.125 US912828W713 165,000 USD 2.13 03/31/2024 215,028 - Fixed Income
1.20% US TREASURY N/B 08/24 1.875 US9128282U35 160,000 USD 1.88 08/31/2024 205,459 - Fixed Income
1.16% US TREASURY N/B 04/24 2 US912828X703 155,000 USD 2.00 04/30/2024 200,226 - Fixed Income
1.14% US TREASURY N/B 07/24 2.125 US9128282N91 150,000 USD 2.13 07/31/2024 195,724 - Fixed Income
1.12% US TREASURY N/B 05/24 2 US912828XT22 150,000 USD 2.00 05/31/2024 193,312 - Fixed Income
1.12% US TREASURY N/B 06/24 2 US912828XX34 150,000 USD 2.00 06/30/2024 192,846 - Fixed Income
0.79% US TREASURY N/B 10/25 3 US9128285J52 100,000 USD 3.00 10/31/2025 136,166 - Fixed Income
0.77% US TREASURY N/B 12/25 2.625 US9128285T35 100,000 USD 2.63 12/31/2025 132,371 - Fixed Income
0.76% CASH - 1 CAD - - 130,877 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Maturity

Credit Allocation

Download