Fund Profile
Key Facts
| Fund Ticker | ZMBS |
|---|---|
| Net Assets (Mn) (Jul 06, 2020) |
$ 105.78 |
| Base Currency | CAD |
| Closing Market Price | $ 30.69 |
| 12-Month Low/High (Market Price) | $ 29.99 / $ 30.74 |
| Closing NAV Price (Jul 06, 2020) |
$ 30.6613 |
| 12-Month Low/High (Price (NAV)) | $ 29.9887 / $ 30.6915 |
| Weighted Average Term (Years) | 2.77 |
| Weighted Average Coupon (%) | 1.74% |
| Annualized Distribution Yield (Jun 26, 2020) Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV. |
1.57% |
| 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. |
0.66% |
| Weighted Average Duration (Years) | 2.20 |
| Maximum Annual Management Fee | 0.15% |
| Management Expense Ratio | 0.17% Estimate only. Audited MER is unavailable since the ETF has not yet completed a financial year. |
| Market Volume | 407 |
| Distribution Frequency | Monthly |
| Options Available | No |
| Inception Date | Feb 05, 2020 |
| Fiscal Year-End | December 31 |
| Units Outstanding (000's) | 3,450 |
| Index | FTSE Canada NHA MBS 975 Index |
| Exchange | TSX |
| CUSIP | 05591H106 |
| Eligibility | RRSP/RRIF/RESP/DPSP/TFSA |
Portfolio Strategy
The BMO Canadian MBS Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE Canada NHA MBS 975 Index, net of expenses. The Fund invests in a variety of mortgage backed securities with a term to maturity greater than one year. Mortgages held within the Index are guaranteed by the Canada Mortgage and Housing Corporation.
Benchmark Info
The FTSE Canada NHA MBS 975 Index consists of a liquid universe of Canadian issued mortgage backed securities that are insured by Canada Mortgage and Housing Corporation with a minimum issue size of $200 million and $100 million outstanding. Each security is weighted by its relative market capitalization and rebalanced monthly. The Index includes securities denominated in Canadian dollars, with a term to maturity greater than one year.
Fund Benefits
- Designed for investors looking for defensive income
- Invested in a diversified portfolio of mortgage backed securities
- Includes bonds with greater than one year to maturity
- Professionally managed by BMO Global Asset Management
Risk Rating
- Low
- Low to Medium
- Medium
- Medium to High
- High
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Performance Details
| Fund Total Assets ($Mn) (Jul 06, 2020) |
$ 105.78 |
|---|---|
| Market Price | $ 30.69 |
| 12-Month Low/High (Market Price) | $ 29.99 / $ 30.74 |
| Price (NAV) | $ 30.6613 |
| 12-Month Low/High (Price (NAV)) | $ 29.9887 / $ 30.6915 |
| Distribution Frequency | Monthly |
Daily Prices
| Unit Price as of (Jul 06, 2020) |
1 Day Change | 1 Day % Change | |
|---|---|---|---|
| Market Price | $ 30.69 | - | - |
| Price (NAV) | $ 30.6613 | $ 0.0005 | - |
Performance
Annualized Performance (%) for period ending: -
| 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|
| NAV | - | - | - | - | - | - |
| Index | - | - | - | - | - | - |
| - |
Calendar Year Performance (%) for period ending: -
| YTD | |
|---|---|
| NAV | - |
| Index | - |
| - |
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 | - | - | - | - | - | - | - | - | - | - |
| Index | - | - | - | - | - | - | - | - | - | - |
| - |
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Distribution History
| 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 |
|---|---|---|---|---|---|---|
| Feb, 2020 | Feb 26, 2020 | Feb 27, 2020 | Mar 03, 2020 | 0.040000 | 0.000000 | 0.040000 |
| Mar, 2020 | Mar 27, 2020 | Mar 30, 2020 | Apr 02, 2020 | 0.040000 | 0.000000 | 0.040000 |
| Apr, 2020 | Apr 28, 2020 | Apr 29, 2020 | May 04, 2020 | 0.040000 | 0.000000 | 0.040000 |
| May, 2020 | May 27, 2020 | May 28, 2020 | Jun 02, 2020 | 0.040000 | 0.000000 | 0.040000 |
| Jun, 2020 | Jun 26, 2020 | Jun 29, 2020 | Jul 06, 2020 | 0.040000 | 0.000000 | 0.040000 |
| 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 | - | - | - |
| Year to Date | 0.200000 | 0.000000 | 0.200000 |
| 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. |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - |
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Daily Holdings
As of Jul 06, 2020
99.84%
0.16%
33
$ 105,781,550.00
Download Holdings (Excel)
| Weight (%) | Name | ISIN | Par Value | Currency | Coupon | Maturity | Base Market Value | Sector | Asset Class |
|---|---|---|---|---|---|---|---|---|---|
| 13.63% | CANADIAN MORTGAGE POOLS 1.45% 01Dec2021 | CA62945ZV980 | 14,245,848 | CAD | 1.45 | 12/01/2021 | 14,413,661 | - | Fixed Income |
| 12.08% | CANADIAN MORTGAGE POOLS 1.45% 01Oct2021 | CA62945ZLQ14 | 12,643,791 | CAD | 1.45 | 10/01/2021 | 12,778,319 | - | Fixed Income |
| 6.83% | CANADIAN MORTGAGE POOLS 1.89% 01Oct2024 | CA62958ZJH88 | 6,983,336 | CAD | 1.89 | 10/01/2024 | 7,227,127 | - | Fixed Income |
| 6.11% | CANADIAN MORTGAGE POOLS 1.9% 01Jul2024 | CA62957ZGE93 | 6,308,173 | CAD | 1.90 | 07/01/2024 | 6,459,673 | - | Fixed Income |
| 5.93% | CANADIAN MORTGAGE POOLS 2.04% 01Feb2023 | CA62950ZZE55 | 6,103,069 | CAD | 2.04 | 02/01/2023 | 6,276,254 | - | Fixed Income |
| 5.59% | CANADIAN MORTGAGE POOLS 1.12% 01Mar2025 | CA62959Z3V36 | 5,866,176 | CAD | 1.12 | 03/01/2025 | 5,916,853 | - | Fixed Income |
| 5.25% | CANADIAN MORTGAGE POOLS 1.8% 01Sep2024 | CA62957ZT476 | 5,389,747 | CAD | 1.80 | 09/01/2024 | 5,554,108 | - | Fixed Income |
| 3.76% | CANADIAN MORTGAGE POOLS 1.65% 01Oct2024 | CA62958ZFT62 | 3,881,754 | CAD | 1.65 | 10/01/2024 | 3,982,038 | - | Fixed Income |
| 3.65% | CANADIAN MORTGAGE POOLS 2.39% 01May2023 | CA62951ZG393 | 3,704,514 | CAD | 2.39 | 05/01/2023 | 3,856,685 | - | Fixed Income |
| 3.58% | CANADIAN MORTGAGE POOLS 2.65% 01Sep2023 | CA62953ZST70 | 3,605,592 | CAD | 2.65 | 09/01/2023 | 3,790,465 | - | Fixed Income |
| 3.55% | CANADIAN MORTGAGE POOLS 2.49% 01Jun2023 | CA62952ZBE93 | 3,599,705 | CAD | 2.49 | 06/01/2023 | 3,759,678 | - | Fixed Income |
| 3.09% | CANADIAN MORTGAGE POOLS 1.55% 01Jun2021 | CA62944ZTS07 | 3,241,745 | CAD | 1.55 | 06/01/2021 | 3,271,146 | - | Fixed Income |
| 3.08% | CANADIAN MORTGAGE POOLS 1.89% 01Sep2022 | CA62948ZTJ61 | 3,181,908 | CAD | 1.89 | 09/01/2022 | 3,257,181 | - | Fixed Income |
| 2.93% | CANADIAN MORTGAGE POOLS 1.84% 01Dec2022 | CA62949ZE517 | 3,029,481 | CAD | 1.84 | 12/01/2022 | 3,102,996 | - | Fixed Income |
| 2.92% | CANADIAN MORTGAGE POOLS 2.29% 01Feb2023 | CA62950ZG551 | 2,976,547 | CAD | 2.29 | 02/01/2023 | 3,083,696 | - | Fixed Income |
| 2.85% | CANADIAN MORTGAGE POOLS 1.74% 01Jan2025 | CA62959ZRN55 | 2,927,816 | CAD | 1.74 | 01/01/2025 | 3,016,740 | - | Fixed Income |
| 1.99% | CANADIAN MORTGAGE POOLS 1.62% 01Mar2022 | CA62946ZC806 | 2,075,282 | CAD | 1.62 | 03/01/2022 | 2,106,443 | - | Fixed Income |
| 1.55% | CANADIAN MORTGAGE POOLS 1.27% 01Jul2021 | CA62944ZWS69 | 1,626,052 | CAD | 1.27 | 07/01/2021 | 1,636,888 | - | Fixed Income |
| 1.42% | CANADIAN MORTGAGE POOLS 1.25% 01Mar2025 | CA62960ZDA53 | 1,480,868 | CAD | 1.25 | 03/01/2025 | 1,500,572 | - | Fixed Income |
| 1.35% | CANADIAN MORTGAGE POOLS 2.08% 01Apr2024 | CA62955Z4V66 | 1,372,727 | CAD | 2.08 | 04/01/2024 | 1,423,326 | - | Fixed Income |
| 1.09% | CANADIAN MORTGAGE POOLS 1.37% 01Nov2021 | CA62945ZWB26 | 1,146,416 | CAD | 1.37 | 11/01/2021 | 1,158,139 | - | Fixed Income |
| 1.08% | CANADIAN MORTGAGE POOLS 1.72% 01Oct2024 | CA62958ZDX92 | 1,113,905 | CAD | 1.72 | 10/01/2024 | 1,142,712 | - | Fixed Income |
| 0.94% | CANADIAN MORTGAGE POOLS 1.3% 01Aug2021 | CA62944ZK754 | 989,019 | CAD | 1.30 | 08/01/2021 | 996,966 | - | Fixed Income |
| 0.94% | CANADIAN MORTGAGE POOLS 1.95% 01Sep2024 | CA62957Z4E22 | 958,937 | CAD | 1.95 | 09/01/2024 | 996,044 | - | Fixed Income |
| 0.90% | CANADIAN MORTGAGE POOLS 1.7% 01Jun2024 | CA62956ZVC71 | 927,558 | CAD | 1.70 | 06/01/2024 | 952,152 | - | Fixed Income |
| 0.84% | CANADIAN MORTGAGE POOLS 1.35% 01Sep2021 | CA62945ZBM10 | 879,684 | CAD | 1.35 | 09/01/2021 | 887,176 | - | Fixed Income |
| 0.72% | CANADIAN MORTGAGE POOLS 1.42% 01Jun2022 | CA62947ZWC80 | 753,064 | CAD | 1.42 | 06/01/2022 | 763,589 | - | Fixed Income |
| 0.70% | CANADIAN MORTGAGE POOLS 1.35% 01Mar2022 | CA62946Z6Y03 | 733,932 | CAD | 1.35 | 03/01/2022 | 742,362 | - | Fixed Income |
| 0.56% | CANADIAN MORTGAGE POOLS 1.75% 01Jun2024 | CA62956ZVB98 | 575,100 | CAD | 1.75 | 06/01/2024 | 591,288 | - | Fixed Income |
| 0.46% | CANADIAN MORTGAGE POOLS 1.5% 01Aug2024 | CA62957ZTA35 | 477,590 | CAD | 1.50 | 08/01/2024 | 486,450 | - | Fixed Income |
| 0.25% | CANADIAN MORTGAGE POOLS 2.05% 01Feb2024 | CA62956ZCM64 | 257,615 | CAD | 2.05 | 02/01/2024 | 266,825 | - | Fixed Income |
| 0.20% | CANADIAN MORTGAGE POOLS 1.47% 01Jan2022 | CA62947ZFB90 | 213,109 | CAD | 1.47 | 01/01/2022 | 213,620 | - | Fixed Income |
| 0.16% | CASH | - | 1 | CAD | - | - | 170,383 | - | Cash and Cash Equivalents |
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.