loading...
Overview

Fund Profile

Key Facts

Fund Ticker ZHP
Net Assets (Mn)
(Dec 03, 2020)
$ 18.21
Base Currency CAD
Closing Market Price $ 24.49
12-Month Low/High (Market Price) $ 14.75 / $ 24.71
Closing NAV Price
(Dec 03, 2020)
$ 24.4316
12-Month Low/High (Price (NAV)) $ 14.5795 / $ 24.6720
Weighted Average Term (Years) -
Weighted Average Coupon (%) 6.36%
Annualized Distribution Yield
(Nov 20, 2020)

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

5.45%
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.

0.00%
Weighted Average Duration (Years) 8.88
Maximum Annual Management Fee 0.45%
Management Expense Ratio 0.49%
Market Volume 604
Distribution Frequency Monthly
Options Available No
Inception Date Feb 09, 2017
Fiscal Year-End December 31
Units Outstanding (000's) 745
Index Solactive US Preferred Share Select Hedged to CAD Index (NTR)
Exchange TSX
CUSIP 09661J109
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO US Preferred Share Hedged to CAD Index ETF has been designed to replicate, to the extent, the performance of the Solactive US Preferred Share Select Hedged to CAD Index (NTR), net of expenses. The ETF invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index. The U.S. currency exposure is hedged back to Canadian dollars. ZHP is a fund of fund; the management fees charged are reduced by those accrued in the underlying funds.

Benchmark Info

The Solactive US Preferred Share Select Hedged to CAD Index (NTR) includes U.S. preferred shares that pay higher dividends. Eligible securities must be U.S. listed and meet minimum size, liquidity and quality criteria.

Fund Benefits

  • Designed for investors looking for higher income from their portfolios
  • Invested in a diversified portfolio of U.S. preferred shares
  • Currency is hedged to mitigate currency impacts 
  • 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)
(Dec 03, 2020)
$ 18.21
Market Price $ 24.49
12-Month Low/High (Market Price) $ 14.75 / $ 24.71
Price (NAV) $ 24.4316
12-Month Low/High (Price (NAV)) $ 14.5795 / $ 24.6720
Distribution Frequency Monthly

Daily Prices

Unit Price as of
(Dec 03, 2020)
1 Day Change 1 Day % Change
Market Price $ 24.49 $ 0.06 0.25%
Price (NAV) $ 24.4316 $ 0.0918 0.38%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Nov 30, 2020

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 7.12% 8.92% 4.39% - - 4.46%
Index 7.48% 9.23% 4.71% - - 4.91%
Calendar Performance

Calendar Year Performance (%) for period ending: Nov 30, 2020

YTD 2019 2018 2017
NAV 5.39% 15.05% -6.37% 4.00%
Index 5.70% 15.33% -6.01% 4.77%
Cumulative Performance

Cumulative Performance (%) for period ending: Nov 30, 2020

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 5.39% 4.31% 3.88% 7.14% 7.12% 18.64% 13.75% - - 18.08%
Index 5.70% 4.26% 3.88% 7.03% 7.48% 19.30% 14.80% - - 20.03%

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 0.110000 0.000000 0.110000
Feb, 2020 Feb 26, 2020 Feb 27, 2020 Mar 03, 2020 0.150000 0.000000 0.150000
Mar, 2020 Mar 27, 2020 Mar 30, 2020 Apr 02, 2020 0.110000 0.000000 0.110000
Apr, 2020 Apr 28, 2020 Apr 29, 2020 May 04, 2020 0.110000 0.000000 0.110000
May, 2020 May 27, 2020 May 28, 2020 Jun 02, 2020 0.110000 0.000000 0.110000
Jun, 2020 Jun 26, 2020 Jun 29, 2020 Jul 06, 2020 0.110000 0.000000 0.110000
Jul, 2020 Jul 29, 2020 Jul 30, 2020 Aug 05, 2020 0.110000 0.000000 0.110000
Aug, 2020 Aug 27, 2020 Aug 28, 2020 Sep 02, 2020 0.110000 0.000000 0.110000
Sep, 2020 Sep 28, 2020 Sep 29, 2020 Oct 02, 2020 0.110000 0.000000 0.110000
Oct, 2020 Oct 28, 2020 Oct 29, 2020 Nov 03, 2020 0.110000 0.000000 0.110000
Nov, 2020 Nov 27, 2020 Nov 30, 2020 Dec 03, 2020 0.110000 0.000000 0.110000
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 Dec 03, 2020

Fixed Income

99.21%

Cash and Cash Equivalents

0.79%

Number of Holdings

2

Total Net Assets

$ 18,212,506.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
99.21% BMO US PREFERRED SHARE INDEX ETF CA05591C1077 715,227 CAD - - 18,068,858 - Fixed Income
0.79% CASH - 1 CAD - - 143,646 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Credit Allocation

Download