Overview

Fund Profile

Key Facts

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

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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 May 29, 2023, 1 Day Change, 1 Day % Change
Unit Price as of
(May 29, 2023)
1 Day Change 1 Day % Change
Market Price $ 28.54 - -
Price (NAV) $ 28.5576 $ -0.0438 -0.15%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Apr 28, 2023

Table for annualized performance. For period ending
1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 1.39% -1.17% - - - 0.36%
Index 1.70% -0.99% - - - 0.51%
Calendar Performance

Calendar Year Performance (%) for period ending: Apr 28, 2023

Table for calendar performance. For period ending
YTD 2022 2021 2020
NAV 1.60% -3.19% -0.93% 3.81%
Index 1.85% -3.22% -0.80% 3.96%
Cumulative Performance

Cumulative Performance (%) for period ending: Apr 28, 2023

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 1.60% 0.24% 0.74% 2.16% 1.39% -2.33% - - - 1.16%
Index 1.85% 0.37% 0.94% 2.29% 1.70% -1.97% - - - 1.65%

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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, 2023 Jan 27, 2023 Jan 30, 2023 Feb 02, 2023 0.040000 - 0.040000
Feb, 2023 Feb 24, 2023 Feb 27, 2023 Mar 02, 2023 0.040000 - 0.040000
Mar, 2023 Mar 29, 2023 Mar 30, 2023 Apr 04, 2023 0.040000 - 0.040000
Apr, 2023 Apr 26, 2023 Apr 27, 2023 May 02, 2023 0.040000 - 0.040000
May, 2023 May 30, 2023 May 31, 2023 Jun 05, 2023 0.035000 - 0.035000
Jun, 2023 Jun 28, 2023 Jun 29, 2023 Jul 05, 2023 - - -
Jul, 2023 Jul 27, 2023 Jul 28, 2023 Aug 02, 2023 - - -
Aug, 2023 Aug 29, 2023 Aug 30, 2023 Sep 05, 2023 - - -
Sep, 2023 Sep 27, 2023 Sep 28, 2023 Oct 04, 2023 - - -
Oct, 2023 Oct 27, 2023 Oct 30, 2023 Nov 02, 2023 - - -
Nov, 2023 Nov 28, 2023 Nov 29, 2023 Dec 04, 2023 - - -
Dec, 2023 Dec 27, 2023 Dec 28, 2023 Jan 03, 2023 - - -
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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 May 29, 2023

Fixed Income

99.95%

Cash and Cash Equivalents

0.05%

Number of Holdings

42

Total Net Assets

$ 286,118,795.00


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
13.17% CANADIAN MORTGAGE POOLS .6% 01Aug2025 CA62962ZDW55 40,559,859 CAD 0.60 08/01/2025 37,678,324 - Fixed Income
7.77% CANADIAN MORTGAGE POOLS .75% 01Dec2025 CA62963ZUU97 23,978,073 CAD 0.75 12/01/2025 22,241,150 - Fixed Income
7.53% CANADIAN MORTGAGE POOLS .58% 01Dec2025 CA62963ZRR06 23,358,230 CAD 0.58 12/01/2025 21,539,729 - Fixed Income
6.78% CANADIAN MORTGAGE POOLS .89% 01Sep2026 CA62966ZK377 21,223,718 CAD 0.89 09/01/2026 19,393,844 - Fixed Income
5.11% CANADIAN MORTGAGE POOLS .94% 01Apr2026 CA62964ZM865 15,837,076 CAD 0.94 04/01/2026 14,614,919 - Fixed Income
5.09% CANADIAN MORTGAGE POOLS .88% 01Mar2026 CA62964ZRJ70 15,783,629 CAD 0.88 03/01/2026 14,558,162 - Fixed Income
5.01% CANADIAN MORTGAGE POOLS .84% 01Jun2026 CA62965ZQD01 15,645,674 CAD 0.84 06/01/2026 14,346,160 - Fixed Income
4.30% CANADIAN MORTGAGE POOLS .55% 01Jan2026 CA62963Z6G75 13,394,613 CAD 0.55 01/01/2026 12,312,989 - Fixed Income
3.20% CANADIAN MORTGAGE POOLS .6% 01Dec2025 CA62963ZXH59 9,912,232 CAD 0.60 12/01/2025 9,150,824 - Fixed Income
3.15% CANADIAN MORTGAGE POOLS .84% 01Mar2026 CA62964ZVZ66 9,769,282 CAD 0.84 03/01/2026 9,017,457 - Fixed Income
3.07% CANADIAN MORTGAGE POOLS 1% 01Apr2025 CA62960ZLA61 9,325,253 CAD 1.00 04/01/2025 8,793,362 - Fixed Income
3.00% CANADIAN MORTGAGE POOLS .7% 01Jun2025 CA62961ZFJ36 9,192,054 CAD 0.70 06/01/2025 8,592,873 - Fixed Income
2.80% CANADIAN MORTGAGE POOLS 1.89% 01Oct2024 CA62958ZJH88 8,287,410 CAD 1.89 10/01/2024 8,015,409 - Fixed Income
2.57% CANADIAN MORTGAGE POOLS .99% 01Mar2026 CA62964ZNY83 7,948,473 CAD 0.99 03/01/2026 7,355,780 - Fixed Income
2.52% CANADIAN MORTGAGE POOLS 1.8% 01Sep2024 CA62957ZT476 7,449,735 CAD 1.80 09/01/2024 7,210,584 - Fixed Income
2.34% CANADIAN MORTGAGE POOLS 1.85% 01Jan2025 CA62959ZQL09 6,977,050 CAD 1.85 01/01/2025 6,698,119 - Fixed Income
2.26% CANADIAN MORTGAGE POOLS .5% 01Oct2025 CA62962ZK491 7,013,484 CAD 0.50 10/01/2025 6,457,733 - Fixed Income
2.14% CANADIAN MORTGAGE POOLS .8% 01Jun2026 CA62965ZQW81 6,670,649 CAD 0.80 06/01/2026 6,111,320 - Fixed Income
2.12% CANADIAN MORTGAGE POOLS .81% 01Dec2025 CA62963ZWS24 6,579,359 CAD 0.81 12/01/2025 6,064,912 - Fixed Income
1.76% CANADIAN MORTGAGE POOLS .6% 01Oct2025 CA62962ZD629 5,434,197 CAD 0.60 10/01/2025 5,028,822 - Fixed Income
1.42% CANADIAN MORTGAGE POOLS .95% 01Aug2026 CA62966ZEA80 4,421,646 CAD 0.95 08/01/2026 4,051,438 - Fixed Income
1.34% CANADIAN MORTGAGE POOLS 1.12% 01Mar2025 CA62959Z3V36 4,044,633 CAD 1.12 03/01/2025 3,844,781 - Fixed Income
1.21% CANADIAN MORTGAGE POOLS .5% 01Sep2025 CA62962ZTM00 3,756,199 CAD 0.50 09/01/2025 3,473,059 - Fixed Income
1.21% CANADIAN MORTGAGE POOLS 1.75% 01Jun2024 CA62956ZVB98 3,553,196 CAD 1.75 06/01/2024 3,463,088 - Fixed Income
1.21% CANADIAN MORTGAGE POOLS .94% 01Sep2026 CA62966ZRE65 3,765,289 CAD 0.94 09/01/2026 3,449,857 - Fixed Income
1.19% CANADIAN MORTGAGE POOLS 1.5% 01Aug2024 CA62957ZTA35 3,530,724 CAD 1.50 08/01/2024 3,403,671 - Fixed Income
1.15% CANADIAN MORTGAGE POOLS 1.74% 01Jan2025 CA62959ZRN55 3,415,624 CAD 1.74 01/01/2025 3,281,506 - Fixed Income
0.80% CANADIAN MORTGAGE POOLS 1.65% 01Oct2024 CA62958ZFT62 2,370,566 CAD 1.65 10/01/2024 2,283,031 - Fixed Income
0.77% CANADIAN MORTGAGE POOLS .55% 01Dec2025 CA62963ZSE83 2,405,558 CAD 0.55 12/01/2025 2,215,024 - Fixed Income
0.75% CANADIAN MORTGAGE POOLS .84% 01Jun2026 CA62965ZVW27 2,326,609 CAD 0.84 06/01/2026 2,133,940 - Fixed Income
0.74% CANADIAN MORTGAGE POOLS 1.25% 01Mar2025 CA62960ZDA53 2,229,366 CAD 1.25 03/01/2025 2,117,792 - Fixed Income
0.63% CANADIAN MORTGAGE POOLS .84% 01Aug2026 CA62966ZPY48 1,962,690 CAD 0.84 08/01/2026 1,793,288 - Fixed Income
0.39% CANADIAN MORTGAGE POOLS .66% 01Jan2026 CA62963ZY508 1,205,382 CAD 0.66 01/01/2026 1,110,025 - Fixed Income
0.36% CANADIAN MORTGAGE POOLS 1.72% 01Oct2024 CA62958ZDX92 1,067,364 CAD 1.72 10/01/2024 1,027,533 - Fixed Income
0.32% CANADIAN MORTGAGE POOLS 1.95% 01Sep2024 CA62957Z4E22 936,054 CAD 1.95 09/01/2024 905,838 - Fixed Income
0.27% CANADIAN MORTGAGE POOLS 2.08% 01Apr2024 CA62955Z4V66 784,145 CAD 2.08 04/01/2024 766,482 - Fixed Income
0.25% CANADIAN MORTGAGE POOLS .8% 01Sep2025 CA62962ZQR24 760,547 CAD 0.80 09/01/2025 710,664 - Fixed Income
0.18% CANADIAN MORTGAGE POOLS 1.7% 01Jun2024 CA62956ZVC71 536,610 CAD 1.70 06/01/2024 521,736 - Fixed Income
0.08% CANADIAN MORTGAGE POOLS 1.9% 01Jul2024 CA62957ZGE93 236,809 CAD 1.90 07/01/2024 230,171 - Fixed Income
0.00% CANADIAN MORTGAGE POOLS 2.65% 01Sep2023 CA62953ZST70 7 CAD 2.65 09/01/2023 7 - Fixed Income
0.00% CANADIAN MORTGAGE POOLS 2.49% 01Jun2023 CA62952ZBE93 2 CAD 2.49 06/01/2023 2 - Fixed Income
0.05% CASH - 1 CAD - - 153,364 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

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

Geographic Allocation

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

Maturity

has a donut chart divided into 1 range. The range is: 100%, 1-5 Years.

Credit Allocation

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

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