Overview

Fund Profile

Key Facts

Portfolio Strategy

The BMO High Yield US Corporate Bond Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the Bloomberg Capital U.S. High Yield Very Liquid Index CAD Hedged net of expenses. The U.S. dollar currency exposure is hedged back to Canadian dollars. In addition, as ZHY may hold other underlying ETFs, the management fees charged are reduced by the management fees paid on the underlying ETFs, thereby not duplicating the management fees.

Benchmark Info

The Bloomberg Capital U.S. High Yield Very Liquid Index CAD Hedged is a more liquid version of the U.S. Corporate High Yield Index that consists of United States dollar-denominated, non-investment grade, fixed rate, taxable corporate bonds. In addition, each issue has a US$500 million minimum amount outstanding. Each security in the U.S. High Yield Very Liquid Index CAD Hedged is weighted by its relative market capitalization and rebalanced on a monthly basis. The U.S. dollar currency exposure is hedged back to Canadian dollars.

Fund Benefits

  • Designed for investors looking for higher income
  • Invested in a diversified portfolio of U.S. high yield corporate bonds
  • Includes bonds with greater than one year to maturity
  • Currency is hedged back to Canadian dollars
  • 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 $ 11.57 $ -0.04 -0.34%
Price (NAV) $ 11.5309 $ 0.0094 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 -8.77% -0.82% -0.17% 1.01% 3.10% 4.49%
Index -8.42% -0.20% 0.71% 1.87% 4.08% 5.84%
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 -9.51% 3.71% 2.88% 13.59% -4.26% 5.38% 14.71% -6.70% 1.71% 6.42%
Index -9.40% 4.39% 4.56% 14.14% -3.48% 6.29% 16.14% -5.33% 2.81% 7.31%
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 -9.51% 6.72% -0.93% -6.79% -8.77% -1.64% -0.51% 5.16% 35.64% 75.32%
Index -9.40% 6.59% -0.85% -6.70% -8.42% -0.40% 2.14% 9.68% 49.14% 106.61%

The ETF started tracking the Barclay Capital U.S. High Yield Very Liquid Index CAD Hedged on May 1, 2010.

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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 0.060000 0.000000 0.060000
Feb, 2022 Feb 24, 2022 Feb 25, 2022 Mar 02, 2022 0.060000 0.000000 0.060000
Mar, 2022 Mar 29, 2022 Mar 30, 2022 Apr 04, 2022 0.060000 0.000000 0.060000
Apr, 2022 Apr 27, 2022 Apr 28, 2022 May 03, 2022 0.060000 0.000000 0.060000
May, 2022 May 27, 2022 May 30, 2022 Jun 03, 2022 0.060000 0.000000 0.060000
Jun, 2022 Jun 28, 2022 Jun 29, 2022 Jul 05, 2022 0.060000 0.000000 0.060000
Jul, 2022 Jul 27, 2022 Jul 28, 2022 Aug 03, 2022 0.060000 0.000000 0.060000
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

100.65%

Stock

0.04%

Cash and Cash Equivalents

-0.69%

Number of Holdings

4

Total Net Assets

$ 749,854,402.00


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
100.65% BMO HIGH YIELD US CORPORATE BOND INDEX ETF CA05584J1012 45,219,489 CAD - - 784,627,320 - Fixed Income
0.02% CEVA HOLDINGS LLC A 2 PFD - 291 USD - - 193,077 - Stock
0.01% CEVA HOLDINGS LLC - 135 USD - - 89,195 - Stock
-0.69% CASH - 1 CAD - - -5,340,963 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

has a donut chart divided into 13 ranges. Ranges are: 22.04%, Consumer Cyclical.17.04%, Communications.13.08%, Consumer Non Cyclical.11.89%, Energy.8.83%, Capital Goods.6.87%, Technology.3.87%, Basic Industry.2.77%, Finance Companies.2.68%, Transportation.2.39%, Electric.0.78%, Industrial Other.0.68%, Banking.7.08%, Others.

Geographic Allocation

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

Maturity

has a donut chart divided into 3 ranges. Ranges are: 34.54%, 1-5 Years.64.68%, 5-10 Years.0.78%, 10-30 Years.

Credit Allocation

has a donut chart divided into 3 ranges. Ranges are: 49.08%, BB.38.25%, B.12.67%, CCC or below.

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