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About BMO Short Provincial Bond Index ETF
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Inception date
Oct 20, 2009
Structure
Canadian Mutual Fund Trust (ON)
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government94.05%
Corporate6.02%
Cash−0.07%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZPS invests in bonds. The fund's major sectors are Government, with 94.05% stocks, and Corporate, with 6.02% of the basket. The assets are mostly located in the North America region.
ZPS top holdings are Province of Ontario 2.6% 02-JUN-2027 and Province of Ontario 2.9% 02-JUN-2028, occupying 7.16% and 6.74% of the portfolio correspondingly.
ZPS last dividends amounted to 0.03 CAD. The month before, the issuer paid 0.03 CAD in dividends,
ZPS assets under management is 359.34 M CAD. It's risen 2.02% over the last month.
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.
Yes, ZPS pays dividends to its holders with the dividend yield of 2.91%. The last dividend (Sep 3, 2025) amounted to 0.03 CAD. The dividends are paid monthly.
ZPS shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Oct 20, 2009, and its management style is Passive.
ZPS expense ratio is 0.28% meaning you'd have to pay 0.28% of your investment to help manage the fund.
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.
ZPS invests in bonds.
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.
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 trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.