Overview

Fund Profile

Key Facts

Portfolio Strategy

The BMO Short Federal Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE Canada Short Term Federal Bond IndexTM, net of expenses. The Fund invests in a variety of debt securities primarily with a term to maturity between one and five years. Securities held in the Index are generally issued or guaranteed by the Government of Canada, by various agencies of the Government of Canada, and by various instrumentalities that have been established or sponsored by the Government of Canada.

Benchmark Info

The FTSE Canada Short Term Federal Bond IndexTM consists of semi-annual pay fixed rate bonds denominated in Canadian dollars, with an effective term to maturity less than five years and greater than one year, a credit rating of AAA and minimum size requirement of $50 million per issue or $100 million for issues after January 2019. The federal sector consists of bonds issued by the Government of Canada (including both non-agency, agency/crown corporations) and supranational entities. Each security in the index is weighted by its relative market capitalization and re-balanced on a daily basis.

Fund Benefits

  • Designed for investors looking for defensive income
  • Invested in a diversified portfolio of federal bonds
  • Includes bonds with one to five years to maturity
  • Professionally managed by BMO Global Asset Management

Risk Rating

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Price & Performance

Performance Chart

Growth of 10,000

Chart comparing growth of $10,000. From START_DATE to END_DATE. Comparing FUND_1 and FUND_2. For more details, email [email protected] or call 1-800-361-1392.

Performance Details

Daily Prices

Daily prices table has 3 columns. Table columns are Unit Price as of Aug 15, 2022, 1 Day Change, 1 Day % Change
Unit Price as of
(Aug 15, 2022)
1 Day Change 1 Day % Change
Market Price $ 13.44 $ -0.01 -0.07%
Price (NAV) $ 13.4543 $ 0.0114 0.08%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Jul 29, 2022

Table for annualized performance. For period ending
1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -3.84% -2.10% 0.03% 0.71% 0.88% 1.32%
Index -3.72% -1.91% 0.21% 0.91% 1.07% 1.50%
Calendar Performance

Calendar Year Performance (%) for period ending: Jul 29, 2022

Table for calendar performance. For period ending
YTD 2021 2020 2019 2018 2017 2016 2015 2014 2013
NAV -2.94% -1.36% 4.44% 1.93% 1.72% -0.79% -0.05% 2.23% 2.36% 1.10%
Index -2.90% -1.13% 4.63% 2.14% 1.94% -0.60% 0.13% 2.42% 2.51% 1.29%
Cumulative Performance

Cumulative Performance (%) for period ending: Jul 29, 2022

Table for cumulative performance. For period ending
YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -2.94% 1.11% 0.62% -2.10% -3.84% -4.15% 0.09% 3.61% 9.18% 18.21%
Index -2.90% 1.07% 0.60% -2.08% -3.72% -3.79% 0.64% 4.61% 11.23% 21.02%

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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)
Table for distribution history. For period ending
Distribution Period

Future distribution dates may change without any prior notice.

Footnote
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.

Footnote
Total Distribution Per Unit
Jan, 2022 Jan 27, 2022 Jan 28, 2022 Feb 02, 2022 0.022000 0.000000 0.022000
Feb, 2022 Feb 24, 2022 Feb 25, 2022 Feb 02, 2022 0.022000 0.000000 0.022000
Mar, 2022 Mar 29, 2022 Mar 30, 2022 Apr 04, 2022 0.022000 0.000000 0.022000
Apr, 2022 Apr 27, 2022 Apr 28, 2022 May 03, 2022 0.022000 0.000000 0.022000
May, 2022 May 27, 2022 May 30, 2022 Jun 03, 2022 0.022000 0.000000 0.022000
Jun, 2022 Jun 28, 2022 Jun 29, 2022 Jul 05, 2022 0.022000 0.000000 0.022000
Jul, 2022 Jul 27, 2022 Jul 28, 2022 Aug 03, 2022 0.022000 0.000000 0.022000
Aug, 2022 Aug 29, 2022 Aug 30, 2022 Sep 02, 2022 - - -
Sep, 2022 Sep 28, 2022 Sep 29, 2022 Oct 05, 2022 - - -
Oct, 2022 Oct 27, 2022 Oct 28, 2022 Nov 02, 2022 - - -
Nov, 2022 Nov 28, 2022 Nov 29, 2022 Dec 02, 2022 - - -
Dec, 2022 Dec 28, 2022 Dec 29, 2022 Jan 03, 2023 - - -
Download Distribution Tax (Excel)
ETF distribution tax table. Showing for year
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.

Footnote
- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Aug 15, 2022

Fixed Income

100.01%

Cash and Cash Equivalents

-0.01%

Number of Holdings

43

Total Net Assets

$ 702,606,201.00


Download Holdings (Excel)
No column selected.
Daily holdings table has 4 columns. Table columns are Weight (%), Name, ISIN, Base Market Value
Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
5.57% CANADA HOUSING TRUST NO 1 2.9% 15Jun2024 CA13509PEF68 40,189,500 CAD 2.90 06/15/2024 40,104,176 - Fixed Income
5.50% CANADIAN GOVERNMENT BOND .5% 01Sep2025 CA135087K940 42,650,000 CAD 0.50 09/01/2025 39,599,389 - Fixed Income
4.58% CANADIAN GOVERNMENT BOND .75% 01Feb2024 CA135087M920 34,150,000 CAD 0.75 02/01/2024 32,952,220 - Fixed Income
4.57% CANADIAN GOVERNMENT BOND .5% 01Nov2023 CA135087M763 34,000,000 CAD 0.50 11/01/2023 32,922,345 - Fixed Income
4.55% CANADIAN GOVERNMENT BOND 2.75% 01Aug2024 CA135087N910 33,000,000 CAD 2.75 08/01/2024 32,754,552 - Fixed Income
4.27% CANADIAN GOVERNMENT BOND 1.25% 01Mar2027 CA135087M847 32,730,000 CAD 1.25 03/01/2027 30,748,798 - Fixed Income
4.22% CANADA HOUSING TRUST NO 1 2.55% 15Dec2023 CA13509PGU18 30,565,000 CAD 2.55 12/15/2023 30,381,743 - Fixed Income
4.02% CANADA HOUSING TRUST NO 1 1.95% 15Dec2025 CA13509PFA62 30,005,000 CAD 1.95 12/15/2025 28,908,097 - Fixed Income
3.93% CANADIAN GOVERNMENT BOND 1.5% 01May2024 CA135087N423 29,000,000 CAD 1.50 05/01/2024 28,303,219 - Fixed Income
3.80% CANADA HOUSING TRUST NO 1 1.8% 15Dec2024 CA13509PHJ53 28,227,500 CAD 1.80 12/15/2024 27,382,001 - Fixed Income
3.70% CANADIAN GOVERNMENT BOND 1% 01Sep2026 CA135087L930 28,550,000 CAD 1.00 09/01/2026 26,650,948 - Fixed Income
3.62% CANADIAN GOVERNMENT BOND .25% 01Apr2024 CA135087L690 27,270,000 CAD 0.25 04/01/2024 26,033,325 - Fixed Income
3.53% CANADA HOUSING TRUST NO 1 2.35% 15Jun2027 CA13509PFX65 26,211,000 CAD 2.35 06/15/2027 25,418,560 - Fixed Income
3.44% CANADA HOUSING TRUST NO 1 .95% 15Jun2025 CA13509PHN65 26,365,000 CAD 0.95 06/15/2025 24,776,209 - Fixed Income
3.30% CANADIAN GOVERNMENT BOND .25% 01Mar2026 CA135087L518 26,080,000 CAD 0.25 03/01/2026 23,755,137 - Fixed Income
3.02% CANADIAN GOVERNMENT BOND 1.5% 01Apr2025 CA135087N340 22,500,000 CAD 1.50 04/01/2025 21,723,849 - Fixed Income
2.76% CANADA HOUSING TRUST NO 1 1.25% 15Jun2026 CA13509PHT36 21,310,000 CAD 1.25 06/15/2026 19,881,430 - Fixed Income
2.53% CANADIAN GOVERNMENT BOND 2.25% 01Jun2025 CA135087D507 18,515,000 CAD 2.25 06/01/2025 18,215,010 - Fixed Income
2.49% CANADIAN GOVERNMENT BOND .75% 01Oct2024 CA135087M508 18,805,000 CAD 0.75 10/01/2024 17,941,488 - Fixed Income
2.38% CANADIAN GOVERNMENT BOND 2% 01Sep2023 CA135087H987 17,192,500 CAD 2.00 09/01/2023 17,111,304 - Fixed Income
2.18% CANADIAN GOVERNMENT BOND 2.25% 01Mar2024 CA135087J546 15,762,500 CAD 2.25 03/01/2024 15,698,590 - Fixed Income
2.00% CANADIAN GOVERNMENT BOND 2.5% 01Jun2024 CA135087B451 14,510,000 CAD 2.50 06/01/2024 14,415,928 - Fixed Income
1.97% CANADA HOUSING TRUST NO 1 1.9% 15Sep2026 CA13509PFL28 14,800,000 CAD 1.90 09/15/2026 14,207,549 - Fixed Income
1.77% CANADA HOUSING TRUST NO 1 2.55% 15Mar2025 CA13509PER07 12,870,000 CAD 2.55 03/15/2025 12,779,626 - Fixed Income
1.72% CANADA HOUSING TRUST NO 1 1.1% 15Dec2026 CA13509PHX48 13,450,000 CAD 1.10 12/15/2026 12,365,210 - Fixed Income
1.68% CANADA HOUSING TRUST NO 1 2.35% 15Sep2023 CA13509PDV28 12,141,500 CAD 2.35 09/15/2023 12,127,969 - Fixed Income
1.61% CANADIAN GOVERNMENT BOND 1.5% 01Sep2024 CA135087J967 11,882,500 CAD 1.50 09/01/2024 11,577,398 - Fixed Income
1.52% CANADIAN GOVERNMENT BOND 1% 01Jun2027 CA135087F825 11,905,000 CAD 1.00 06/01/2027 10,978,677 - Fixed Income
1.52% CANADIAN GOVERNMENT BOND 1.5% 01Jun2026 CA135087E679 11,500,000 CAD 1.50 06/01/2026 10,961,287 - Fixed Income
1.52% CANADA HOUSING TRUST NO 1 2.25% 15Dec2025 CA13509PFD02 11,250,000 CAD 2.25 12/15/2025 10,950,303 - Fixed Income
1.51% CANADA HOUSING TRUST NO 1 3.8% 15Jun2027 CA13509PJE49 10,500,000 CAD 3.80 06/15/2027 10,880,027 - Fixed Income
1.43% CANADIAN GOVERNMENT BOND 1.25% 01Mar2025 CA135087K528 10,740,000 CAD 1.25 03/01/2025 10,315,239 - Fixed Income
1.38% CANADA HOUSING TRUST NO 1 1.55% 15Dec2026 CA13509PJA27 10,600,000 CAD 1.55 12/15/2026 9,946,070 - Fixed Income
0.51% INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMENT 1.8% 26Jul2024 CA459058HA44 3,800,000 CAD 1.80 07/26/2024 3,692,975 - Fixed Income
0.34% CANADA HOUSING TRUST NO 1 3.15% 15Sep2023 CA13509PDY66 2,414,000 CAD 3.15 09/15/2023 2,439,837 - Fixed Income
0.30% PSP CAPITAL INC 3.29% 04Apr2024 CA69363TAH55 2,120,000 CAD 3.29 04/04/2024 2,141,537 - Fixed Income
0.28% PSP CAPITAL INC 3% 05Nov2025 CA69363TAM41 2,000,000 CAD 3.00 11/05/2025 1,995,443 - Fixed Income
0.27% CPPIB CAPITAL INC 2.85% 01Jun2027 CA12593CAU59 2,000,000 CAD 2.85 06/01/2027 1,975,317 - Fixed Income
0.26% INTERNATIONAL FINANCE CORP 1.38% 13Sep2024 CA45950KCQ19 1,950,000 CAD 1.38 09/13/2024 1,885,633 - Fixed Income
0.25% PSP CAPITAL INC .9% 15Jun2026 CA69363TAP71 2,000,000 CAD 0.90 06/15/2026 1,832,760 - Fixed Income
0.14% CANADIAN GOVERNMENT BOND 3% 01Oct2025 CA135087P246 1,000,000 CAD 3.00 10/01/2025 999,780 - Fixed Income
0.04% PSP CAPITAL INC 2.09% 22Nov2023 CA69363TAK84 320,000 CAD 2.09 11/22/2023 315,960 - Fixed Income
-0.01% CASH - 1 CAD - - -60,199 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

has a donut chart divided into 1 range. The range is: 100%, Federal.

Geographic Allocation

has a donut chart divided into 1 range. The range is: 100%, Canada.

Maturity

has a donut chart divided into 4 ranges. Ranges are: 40.52%, 1-2 Years.20.31%, 2-3 Years.19.26%, 3-4 Years.19.89%, 4-5 Years.

Credit Allocation

has a donut chart divided into 1 range. The range is: 100%, AAA.

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