BMO Short Provincial Bond Index ETFBMO Short Provincial Bond Index ETFBMO Short Provincial Bond Index ETF

BMO Short Provincial Bond Index ETF

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Key stats


Assets under management (AUM)
‪359.34 M‬CAD
Fund flows (1Y)
‪34.30 M‬CAD
Dividend yield (indicated)
2.91%
Discount/Premium to NAV
−0.10%
Shares outstanding
‪29.03 M‬
Expense ratio
0.28%

About BMO Short Provincial Bond Index ETF


Brand
BMO
Home page
Inception date
Oct 20, 2009
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
FTSE Canada Short Term Provincial Bond Index - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ISIN
CA0559751064
The fund provides exposure to short-term bonds in the Canadian provincial sector, which includes Canadian provinces and provincial or territorial corporations, incorporated under their respective jurisdiction. The index holds CAD-denominated bonds with less than five years until maturity. These securities are generally guaranteed by the Canadian Provincial Governments and its agencies and have a credit rating of BBB or higher. The index undergoes daily rebalance. The fund aims to hold fixed income securities in the same proportions as they are reflected in the index. The Manager may also opt to use a sampling strategy that uses quant analysis in bond selection. Sibling fund ZMP provides the same exposure but with maturities of 5-10 years while ZPL caters to maturities of 10+ years.

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

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Short-term
Strategy
Vanilla
Geography
Canada
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Stock breakdown by region
100%
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.

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.
ZPS trades at 12.39 CAD today, its price has risen 0.08% in the past 24 hours. Track more dynamics on ZPS price chart.
ZPS net asset value is 12.40 today — it's risen 0.65% 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.
ZPS assets under management is ‪359.34 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.
ZPS price has risen by 0.24% over the last month, and its yearly performance shows a 1.06% increase. See more dynamics on ZPS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.65% over the last month, showed a 0.57% increase in three-month performance and has increased by 4.05% in a year.
ZPS fund flows account for ‪34.30 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.
ZPS invests in bonds. See more details in our Analysis section.
ZPS expense ratio is 0.28%. 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, ZPS 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, ZPS technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZPS shows the buy signal. See more of ZPS technicals for a more comprehensive analysis.
Yes, ZPS pays dividends to its holders with the dividend yield of 2.91%.
ZPS trades at a premium (0.10%).
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.
ZPS shares are issued by Bank of Montreal
ZPS follows the FTSE Canada Short Term Provincial Bond Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 20, 2009.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.