Key stats
About BMO MID-TERM US IG CORP BD INDEX MID TERM US IG CORP BOND INDEX ETF USD
Expense ratio
0.28%
Home page
Inception date
Mar 19, 2013
Bloomberg Barclays U.S. Investment Grade 5 to 10 Year Corporate Bond Capped Index - CAD
ISIN
CA05577M1115
The fund invests in USD-denominated taxable corporate bonds. The fund tracks a market-value-weighted index of investment grade bonds with maturities between 5-10 years. The index is usually rebalanced monthly, it includes fixed rate bonds with USD 750 million minimum amount outstanding and includes the three largest issues from each issue. The fund aims to hold securities in parallel proportions as they are reflected in the index. The Manager may also use a sampling methodology, which uses quantitative analysis to select bonds that resemble index constituents in terms of key risk factors, performance attributes, industry weightings, market capitalization and other appropriate financial characteristics. Sibling fund ZMU-CA offers the same exposure but is a CAD-hedged version.
Classification
What's in the fund
Exposure type
Corporate
Stocks0.11%
Energy Minerals0.11%
Bonds, Cash & Other99.89%
Corporate99.47%
Cash0.42%