loading...
Overview

Fund Profile

Key Facts

Fund Ticker ZEF
Net Assets (Mn)
(Feb 14, 2020)
$ 358.05
Base Currency CAD
Closing Market Price $ 15.81
12-Month Low/High (Market Price) $ 15.29 / $ 16.09
Closing NAV Price
(Feb 14, 2020)
$ 15.7375
12-Month Low/High (Price (NAV)) $ 15.3159 / $ 15.9961
Weighted Average Term (Years) 5.68
Weighted Average Coupon (%) 4.78%
Annualized Distribution Yield
(Feb 07, 2020)

Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV.

4.73%
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.

3.56%
Weighted Average Duration (Years) 4.86
Maximum Annual Management Fee 0.50%
Management Expense Ratio 0.56%
Market Volume 43,368
Distribution Frequency Monthly
Options Available No
Inception Date May 21, 2010
Fiscal Year-End December 31
Units Outstanding (000's) 22,751
Index Bloomberg Barclays Emerging Markets Tradable External Debt (EMTED) GDP Weighted Cap Index CAD Hgd
Exchange TSX
CUSIP 05560F107
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

The BMO Emerging Markets Bond Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the Barclays Emerging Markets Tradable External Debt (EMTED) GDP Weighted Capped Index CAD Hedged, net of expenses. The Fund invests in a diversified basket of US dollar denominated sovereign debt from emerging markets issuers by including up to three bonds per emerging market country. The US dollar exposure is hedged back to Canadian dollars.

Benchmark info

The Barclays Emerging Markets Tradable External Debt (EMTED) GDP Weighted Capped Index CAD Hedged is a diversified basket of US dollar denominated sovereign debt from emerging market issuers. The basket is designed to be broad-based in its coverage of emerging market sovereign issuers, yet tradable by including up to three bonds per emerging market country and diversified by capping and flooring both the region and country exposures in the index according to the index rules. The index is comprised of securities with a term to maturity of between 18 months and no more than 10 years. The Index is weighted by gross domestic product as a measure of economy size. The US dollar exposure is hedged back to Canadian dollars.

Fund Benefits

  • Designed for investors looking for higher income
  • Invested in a diversified portfolio of U.S. dollar emerging market bonds
  • Includes bonds with 18 months to ten years to maturity
  • Currency is hedged back to Canadian dollars
  • 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)
(Feb 14, 2020)
$ 358.05
Market Price $ 15.81
12-Month Low/High (Market Price) $ 15.29 / $ 16.09
Price (NAV) $ 15.7375
12-Month Low/High (Price (NAV)) $ 15.3159 / $ 15.9961
Distribution Frequency Monthly

Daily Prices

Unit Price as of
(Feb 14, 2020)
1 Day Change 1 Day % Change
Market Price $ 15.81 $ 0.05 0.32%
Price (NAV) $ 15.7375 $ 0.0224 0.14%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Jan 31, 2020

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 5.11% 2.36% 2.59% 3.55% - 5.47%
Index 6.24% 2.87% 2.92% 3.75% - 5.72%
Calendar Performance

Calendar Year Performance (%) for period ending: Jan 31, 2020

YTD 2019 2018 2017 2016 2015 2014 2013 2012 2011
NAV 1.35% 7.24% -3.99% 4.65% 6.96% 2.86% 8.68% -4.71% 15.93% 7.11%
Index 1.33% 8.55% -4.25% 4.69% 6.50% 3.39% 8.02% -4.66% 16.69% 7.79%
Cumulative Performance

Cumulative Performance (%) for period ending: Jan 31, 2020

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 1.35% 1.35% 3.20% 1.36% 5.11% 4.78% 7.97% 19.07% - 67.62%
Index 1.33% 1.33% 3.25% 1.39% 6.24% 5.81% 9.03% 20.22% - 71.52%

The ETF started tracking the Barclays Emerging Markets Tradable External Debt (EMTED) GDP Weighted Capped Index CAD Hedged on June 1, 2015. Previously it was tracking the Barclays Emerging Markets Tradable USD Sovereign Bond Index CAD Hedged.

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
Jan, 2020 Jan 29, 2020 Jan 30, 2020 Feb 04, 2020 0.062000 - 0.062000
Feb, 2020 Feb 26, 2020 Feb 27, 2020 Mar 03, 2020 - - -
Mar, 2020 Mar 27, 2020 Mar 30, 2020 Apr 02, 2020 - - -
Apr, 2020 Apr 28, 2020 Apr 29, 2020 May 04, 2020 - - -
May, 2020 May 27, 2020 May 28, 2020 Jun 02, 2020 - - -
Jun, 2020 Jun 26, 2020 Jun 29, 2020 Jul 06, 2020 - - -
Jul, 2020 Jul 29, 2020 Jul 30, 2020 Aug 05, 2020 - - -
Aug, 2020 Aug 27, 2020 Aug 28, 2020 Sep 02, 2020 - - -
Sep, 2020 Sep 28, 2020 Sep 29, 2020 Oct 02, 2020 - - -
Oct, 2020 Oct 28, 2020 Oct 29, 2020 Nov 03, 2020 - - -
Nov, 2020 Nov 26, 2020 Nov 30, 2020 Dec 02, 2020 - - -
Dec, 2020 Dec 29, 2020 Dec 30, 2020 Jan 05, 2021 - - -
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 Feb 13, 2020

Fixed Income

100.41%

Cash and Cash Equivalents

-0.41%

Number of Holdings

60

Total Net Assets

$ 358,047,129.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
3.67% RUSSIAN FEDERATION 4.38% 21Mar2029 RU000A0ZYYN4 8,600,000 USD 4.38 03/21/2029 13,109,162 - Fixed Income
3.66% CHINA GOVERNMENT INTERNATIONAL BOND 3.25% 19Oct2023 XS1891571348 9,266,000 USD 3.25 10/19/2023 13,079,690 Government Bonds Fixed Income
3.61% TURKEY GOVERNMENT INTERNATIONAL BOND 6.13% 24Oct2028 US900123CQ19 9,150,000 USD 6.13 10/24/2028 12,901,676 Government Bonds Fixed Income
3.58% BRAZILIAN GOVERNMENT INTERNATIONAL BOND 6% 07Apr2026 US105756BX78 7,950,000 USD 6.00 04/07/2026 12,790,759 Government Bonds Fixed Income
3.57% BRAZILIAN GOVERNMENT INTERNATIONAL BOND 4.63% 13Jan2028 US105756BZ27 8,625,000 USD 4.63 01/13/2028 12,770,117 Government Bonds Fixed Income
3.57% INDONESIA GOVERNMENT INTERNATIONAL BOND 4.1% 24Apr2028 US455780CF11 8,600,000 USD 4.10 04/24/2028 12,751,796 Government Bonds Fixed Income
3.55% RUSSIAN FOREIGN BOND - EUROBOND 4.75% 27May2026 RU000A0JWHA4 8,400,000 USD 4.75 05/27/2026 12,693,075 Government Bonds Fixed Income
3.49% MEXICO GOVERNMENT INTERNATIONAL BOND 3.75% 11Jan2028 US91087BAE02 8,800,000 USD 3.75 01/11/2028 12,472,044 Government Bonds Fixed Income
3.47% RUSSIAN FOREIGN BOND - EUROBOND 4.25% 23Jun2027 RU000A0JXTS9 8,400,000 USD 4.25 06/23/2027 12,421,694 Government Bonds Fixed Income
3.47% CHINA GOVERNMENT INTERNATIONAL BOND 3.5% 19Oct2028 XS1891574441 8,289,000 USD 3.50 10/19/2028 12,395,388 Government Bonds Fixed Income
3.45% MEXICO GOVERNMENT INTERNATIONAL BOND 4.13% 21Jan2026 US91086QBG29 8,500,000 USD 4.13 01/21/2026 12,348,057 Government Bonds Fixed Income
3.34% INDONESIA GOVERNMENT INTERNATIONAL BOND 4.75% 08Jan2026 USY20721BN86 7,950,000 USD 4.75 01/08/2026 11,931,639 Government Bonds Fixed Income
3.33% TURKEY GOVERNMENT INTERNATIONAL BOND 6.25% 26Sep2022 US900123BZ27 8,300,000 USD 6.25 09/26/2022 11,898,606 Government Bonds Fixed Income
3.32% BRAZILIAN GOVERNMENT INTERNATIONAL BOND 4.25% 07Jan2025 US105756BV13 8,175,000 USD 4.25 01/07/2025 11,857,684 Government Bonds Fixed Income
3.30% MEXICO GOVERNMENT INTERNATIONAL BOND 4% 02Oct2023 US91086QBC15 8,250,000 USD 4.00 10/02/2023 11,804,483 Government Bonds Fixed Income
3.30% INDONESIA GOVERNMENT INTERNATIONAL BOND 5.88% 15Jan2024 USY20721BJ74 7,800,000 USD 5.88 01/15/2024 11,811,247 Government Bonds Fixed Income
3.19% TURKEY GOVERNMENT INTERNATIONAL BOND 7.25% 23Dec2023 US900123CR91 7,750,000 USD 7.25 12/23/2023 11,395,686 Government Bonds Fixed Income
2.75% CHINA GOVERNMENT INTERNATIONAL BOND 2.13% 02Nov2022 XS1706605109 7,300,000 USD 2.13 11/02/2022 9,849,067 Government Bonds Fixed Income
2.53% SAUDI GOVERNMENT INTERNATIONAL BOND 3.63% 04Mar2028 XS1694217495 6,250,000 USD 3.63 03/04/2028 9,037,249 Government Bonds Fixed Income
2.47% SAUDI GOVERNMENT INTERNATIONAL BOND 4% 17Apr2025 XS1791937441 6,050,000 USD 4.00 04/17/2025 8,833,889 Government Bonds Fixed Income
2.45% SAUDI GOVERNMENT INTERNATIONAL BOND 2.38% 26Oct2021 XS1508675334 6,500,000 USD 2.38 10/26/2021 8,749,020 Government Bonds Fixed Income
1.85% REPUBLIC OF POLAND GOVERNMENT INTERNATIONAL BOND 3.25% 06Apr2026 US731011AU68 4,600,000 USD 3.25 04/06/2026 6,617,431 Government Bonds Fixed Income
1.84% REPUBLIC OF POLAND GOVERNMENT INTERNATIONAL BOND 5% 23Mar2022 US857524AB80 4,575,000 USD 5.00 03/23/2022 6,592,023 Government Bonds Fixed Income
1.83% REPUBLIC OF POLAND GOVERNMENT INTERNATIONAL BOND 3% 17Mar2023 US731011AT95 4,700,000 USD 3.00 03/17/2023 6,538,332 Government Bonds Fixed Income
1.30% ARGENTINE REPUBLIC GOVERNMENT INTERNATIONAL BOND 7.5% 22Apr2026 US040114GX20 7,200,000 USD 7.50 04/22/2026 4,677,869 Government Bonds Fixed Income
1.24% ARGENTINE REPUBLIC GOVERNMENT INTERNATIONAL BOND 5.88% 11Jan2028 US040114HQ69 7,500,000 USD 5.88 01/11/2028 4,438,007 Government Bonds Fixed Income
1.23% REPUBLIC OF SOUTH AFRICA GOVERNMENT INTERNATIONAL BOND 4.3% 12Oct2028 US836205AU87 3,300,000 USD 4.30 10/12/2028 4,415,120 Government Bonds Fixed Income
1.23% COLOMBIA GOVERNMENT INTERNATIONAL BOND 3.88% 25Apr2027 US195325DL65 3,050,000 USD 3.88 04/25/2027 4,396,998 Government Bonds Fixed Income
1.22% ARGENTINE REPUBLIC GOVERNMENT INTERNATIONAL BOND 4.63% 11Jan2023 US040114HP86 6,950,000 USD 4.63 01/11/2023 4,376,980 Government Bonds Fixed Income
1.21% REPUBLIC OF SOUTH AFRICA GOVERNMENT INTERNATIONAL BOND 4.67% 17Jan2024 US836205AQ75 3,100,000 USD 4.67 01/17/2024 4,328,711 Government Bonds Fixed Income
1.17% PHILIPPINE GOVERNMENT INTERNATIONAL BOND 10.63% 16Mar2025 US718286AP29 2,150,000 USD 10.63 03/16/2025 4,166,581 Government Bonds Fixed Income
1.17% REPUBLIC OF SOUTH AFRICA GOVERNMENT INTERNATIONAL BOND 5.88% 16Sep2025 US836205AR58 2,800,000 USD 5.88 09/16/2025 4,200,991 Government Bonds Fixed Income
1.10% PAKISTAN GOVERNMENT INTERNATIONAL BOND 6.88% 05Dec2027 XS1729875598 2,700,000 USD 6.88 12/05/2027 3,917,535 Government Bonds Fixed Income
1.09% PHILIPPINE GOVERNMENT INTERNATIONAL BOND 3% 01Feb2028 US718286CC97 2,750,000 USD 3.00 02/01/2028 3,899,108 Government Bonds Fixed Income
1.08% PAKISTAN GOVERNMENT INTERNATIONAL BOND 8.25% 15Apr2024 XS1056560920 2,500,000 USD 8.25 04/15/2024 3,873,349 Government Bonds Fixed Income
1.08% COLOMBIA GOVERNMENT INTERNATIONAL BOND 4% 26Feb2024 US195325BQ70 2,700,000 USD 4.00 02/26/2024 3,864,134 Government Bonds Fixed Income
1.07% PHILIPPINE GOVERNMENT INTERNATIONAL BOND 4.2% 21Jan2024 US718286BY27 2,650,000 USD 4.20 01/21/2024 3,841,837 Government Bonds Fixed Income
1.04% COLOMBIA GOVERNMENT INTERNATIONAL BOND 4.5% 28Jan2026 US195325CX13 2,550,000 USD 4.50 01/28/2026 3,735,597 Government Bonds Fixed Income
0.95% THIRD PAKISTAN INTERNATIONAL SUKUK CO LTD/THE 5.5% 13Oct2021 XS1501659384 2,450,000 USD 5.50 10/13/2021 3,400,755 - Fixed Income
0.73% ROMANIAN GOVERNMENT INTERNATIONAL BOND 4.38% 22Aug2023 US77586TAC09 1,800,000 USD 4.38 08/22/2023 2,626,309 Government Bonds Fixed Income
0.73% ROMANIAN GOVERNMENT INTERNATIONAL BOND 6.75% 07Feb2022 US77586TAA43 1,800,000 USD 6.75 02/07/2022 2,607,482 Government Bonds Fixed Income
0.66% ROMANIAN GOVERNMENT INTERNATIONAL BOND 4.88% 22Jan2024 US77586TAD81 1,600,000 USD 4.88 01/22/2024 2,355,197 Government Bonds Fixed Income
0.52% CROATIA GOVERNMENT INTERNATIONAL BOND 6% 26Jan2024 XS0997000251 1,200,000 USD 6.00 01/26/2024 1,834,671 Government Bonds Fixed Income
0.48% CROATIA GOVERNMENT INTERNATIONAL BOND 5.5% 04Apr2023 XS0908769887 1,150,000 USD 5.50 04/04/2023 1,716,233 Government Bonds Fixed Income
0.46% OMAN GOVERNMENT INTERNATIONAL BOND 4.13% 17Jan2023 XS1750113406 1,200,000 USD 4.13 01/17/2023 1,634,968 Government Bonds Fixed Income
0.41% BAHRAIN GOVERNMENT INTERNATIONAL BOND 7% 12Oct2028 XS1405766541 900,000 USD 7.00 10/12/2028 1,449,760 Government Bonds Fixed Income
0.41% SRI LANKA GOVERNMENT INTERNATIONAL BOND 6.83% 18Jul2026 USY8137FAF54 1,100,000 USD 6.83 07/18/2026 1,472,913 Government Bonds Fixed Income
0.40% DOMINICAN REPUBLIC INTERNATIONAL BOND 6% 19Jul2028 USP3579ECB13 950,000 USD 6.00 07/19/2028 1,412,687 Government Bonds Fixed Income
0.40% UKRAINE GOVERNMENT INTERNATIONAL BOND 7.75% 01Sep2027 XS1303927179 900,000 USD 7.75 09/01/2027 1,419,083 Government Bonds Fixed Income
0.39% UKRAINE GOVERNMENT INTERNATIONAL BOND 7.75% 01Sep2025 XS1303925470 900,000 USD 7.75 09/01/2025 1,402,922 Government Bonds Fixed Income
0.38% OMAN GOVERNMENT INTERNATIONAL BOND 4.75% 15Jun2026 XS1405777589 1,000,000 USD 4.75 06/15/2026 1,355,559 Government Bonds Fixed Income
0.38% SRI LANKA GOVERNMENT INTERNATIONAL BOND 5.75% 18Apr2023 USY8137FAK40 1,000,000 USD 5.75 04/18/2023 1,363,376 Government Bonds Fixed Income
0.37% BAHRAIN GOVERNMENT INTERNATIONAL BOND 6.13% 01Aug2023 XS0956406135 900,000 USD 6.13 08/01/2023 1,321,135 Government Bonds Fixed Income
0.37% UKRAINE GOVERNMENT INTERNATIONAL BOND 7.75% 01Sep2022 XS1303921214 900,000 USD 7.75 09/01/2022 1,353,289 Government Bonds Fixed Income
0.36% DOMINICAN REPUBLIC INTERNATIONAL BOND 5.5% 27Jan2025 USP3579EBD87 900,000 USD 5.50 01/27/2025 1,292,459 Government Bonds Fixed Income
0.31% OMAN GOVERNMENT INTERNATIONAL BOND 5.63% 17Jan2028 XS1750113661 800,000 USD 5.63 01/17/2028 1,111,031 Government Bonds Fixed Income
0.30% SRI LANKA GOVERNMENT INTERNATIONAL BOND 6.75% 18Apr2028 USY8137FAL23 800,000 USD 6.75 04/18/2028 1,057,068 Government Bonds Fixed Income
0.30% DOMINICAN REPUBLIC INTERNATIONAL BOND 6.88% 29Jan2026 USP3579EBK21 700,000 USD 6.88 01/29/2026 1,071,176 Government Bonds Fixed Income
0.27% CBB INTERNATIONAL SUKUK CO 7 SPC 6.88% 05Oct2025 XS1802362951 600,000 USD 6.88 10/05/2025 951,229 - Fixed Income
-0.41% CASH - 1 CAD - - -1,454,981 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Maturity

Credit Allocation

Download