BMO GLOBAL STRATEGIC BOND FUND ETF SERIES UNITSBMO GLOBAL STRATEGIC BOND FUND ETF SERIES UNITSBMO GLOBAL STRATEGIC BOND FUND ETF SERIES UNITS

BMO GLOBAL STRATEGIC BOND FUND ETF SERIES UNITS

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Key stats


Assets under management (AUM)
‪13.85 M‬CAD
Fund flows (1Y)
‪5.07 M‬CAD
Dividend yield (indicated)
4.46%
Discount/Premium to NAV
0.05%
Shares outstanding
‪513.00 K‬
Expense ratio
0.82%

About BMO GLOBAL STRATEGIC BOND FUND ETF SERIES UNITS


Brand
BMO
Home page
Inception date
May 23, 2018
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
BMO Investments, Inc.
The fund aims to provide monthly distribution and capital appreciation by actively managing a diversified portfolio of government and corporate bonds around the globe, including emerging markets. The bond pool consists of both investment grade and non-investment grade bonds. Securities are selected using fundamental analysis of credit ratings as well as using quantitative and other research methods. ZGSB can invest up to 10% in underlying funds managed by issuer or one of their affiliates or associates. It can also use derivatives, such as options, futures, forward contracts, interest rate and credit defaults swaps for both hedging and non-hedging purposes.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Corporate
Government
Securitized
Stock breakdown by region
12%52%23%6%2%3%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to ZGSB via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZGSB trades at 26.89 CAD today, its price has risen 0.15% in the past 24 hours. Track more dynamics on ZGSB price chart.
ZGSB net asset value is 26.88 today — it's risen 1.31% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZGSB assets under management is ‪13.85 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZGSB price has risen by 1.66% over the last month, and its yearly performance shows a 0.67% increase. See more dynamics on ZGSB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.31% over the last month, showed a −0.55% decrease in three-month performance and has increased by 4.77% in a year.
ZGSB fund flows account for ‪5.07 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZGSB invests in bonds. See more details in our Analysis section.
ZGSB expense ratio is 0.82%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ZGSB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ZGSB technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZGSB shows the neutral signal. See more of ZGSB technicals for a more comprehensive analysis.
Yes, ZGSB pays dividends to its holders with the dividend yield of 4.46%.
ZGSB trades at a premium (0.25%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZGSB shares are issued by Bank of Montreal
ZGSB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 23, 2018.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.