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Overview

Fund Profile

Key Facts

Key Facts table has 24 rows
Fund Ticker ZMBS
Net Assets (Mn)
(Mar 02, 2021)
$ 129.28
Base Currency CAD
Closing Market Price $ 30.53
12-Month Low/High (Market Price) $ 30.12 / $ 30.76
Closing NAV Price
(Mar 02, 2021)
$ 30.5471
12-Month Low/High (Price (NAV)) $ 30.2148 / $ 30.7516
Weighted Average Term (Years) 2.91
Weighted Average Coupon (%) 1.67%
Annualized Distribution Yield
(Feb 19, 2021)

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

Footnote
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.

Footnote
0.51%
Weighted Average Duration (Years) 2.32
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.

Footnote
Market Volume 518
Distribution Frequency Monthly
Options Available No
Inception Date Feb 05, 2020
Fiscal Year-End December 31
Units Outstanding (000's) 4,232
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

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Price & Performance

Performance Details

Performance details table has 6 columns. Table columns are Fund Total Assets ($Mn)<br>(Mar 02, 2021), Market Price, 12-Month Low/High (Market Price), Price (NAV), 12-Month Low/High (Price (NAV)) , Distribution Frequency
Fund Total Assets ($Mn)
(Mar 02, 2021)
$ 129.28
Market Price $ 30.53
12-Month Low/High (Market Price) $ 30.12 / $ 30.76
Price (NAV) $ 30.5471
12-Month Low/High (Price (NAV)) $ 30.2148 / $ 30.7516
Distribution Frequency Monthly

Daily Prices

Daily prices table has 2 columns. Table columns are 1 Day Change, 1 Day % Change
Unit Price as of
(Mar 02, 2021)
1 Day Change 1 Day % Change
Market Price $ 30.53 - -
Price (NAV) $ 30.5471 $ 0.0160 0.05%

Performance

Annualized Performance

Annualized Performance (%) for period ending: -

Annualized performance table has 6 columns. Table columns are 1 Year, 2 Year, 3 Year, 5 Year, 10 Year, Since Inception
1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV - - - - - -
Index - - - - - -
Calendar Performance

Calendar Year Performance (%) for period ending: -

Calendar year performance table has 2 columns. Table columns are YTD, 2020
YTD 2020
NAV - -
Index - -
Cumulative Performance

Cumulative Performance (%) for period ending: -

Cumulative performance table has 10 columns. Table columns are YTD, 1 Mo, 3 Mo, 6 Mo, 1 Year, 2 Year, 3 Year, 5 Year, 10 Year, Since Inception
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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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 history table has 7 columns. Table columns are Distribution Period, Ex-Dividend Date, Record Date, Pay Date, Cash Distribution Per Unit, Reinvested Distribution Per Unit, Total Distribution Per Unit
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, 2021 Jan 27, 2021 Jan 28, 2021 Feb 02, 2021 0.040000 0.000000 0.040000
Feb, 2021 Feb 24, 2021 Feb 25, 2021 Mar 02, 2021 0.040000 0.000000 0.040000
Mar, 2021 Mar 29, 2021 Mar 30, 2021 Apr 05, 2021 - - -
Apr, 2021 Apr 28, 2021 Apr 29, 2021 May 04, 2021 - - -
May, 2021 May 26, 2021 May 27, 2021 Jun 02, 2021 - - -
Jun, 2021 Jun 28, 2021 Jun 29, 2021 Jul 06, 2021 - - -
Jul, 2021 Jul 28, 2021 Jul 29, 2021 Aug 04, 2021 - - -
Aug, 2021 Aug 27, 2021 Aug 30, 2021 Sep 02, 2021 - - -
Sep, 2021 Sep 28, 2021 Sep 29, 2021 Oct 04, 2021 - - -
Oct, 2021 Oct 27, 2021 Oct 28, 2021 Nov 02, 2021 - - -
Nov, 2021 Nov 26, 2021 Nov 29, 2021 Dec 02, 2021 - - -
Dec, 2021 Dec 29, 2021 Dec 30, 2021 Jan 05, 2022 - - -
Download Distribution Tax (Excel)
Distribution tax table has 9 columns. Table columns are Distribution Period, Eligible Dividends, Non Eligible Dividends, Other Income, Capital Gains, Return on Capital, Foreign Income, Foreign Tax Paid, Total Distribution per Unit for Tax Purpose
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 Mar 02, 2021

Fixed Income

100.40%

Cash and Cash Equivalents

-0.40%

Number of Holdings

35

Total Net Assets

$ 129,275,400.00


Download Holdings (Excel)
No column selected.
Daily holdings table has 10 columns. Table columns are Weight (%), Name, ISIN, Par Value, Currency, Coupon, Maturity, Base Market Value, Sector, Asset Class
Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
9.30% CANADIAN MORTGAGE POOLS 1.45% 01Dec2021 CA62945ZV980 11,935,157 CAD 1.45 12/01/2021 12,020,576 - Fixed Income
8.73% CANADIAN MORTGAGE POOLS 1.89% 01Oct2024 CA62958ZJH88 10,914,785 CAD 1.89 10/01/2024 11,291,283 - Fixed Income
7.78% CANADIAN MORTGAGE POOLS .7% 01Jun2025 CA62961ZFJ36 10,087,512 CAD 0.70 06/01/2025 10,053,732 - Fixed Income
6.81% CANADIAN MORTGAGE POOLS 1.25% 01Mar2025 CA62960ZDA53 8,671,850 CAD 1.25 03/01/2025 8,805,981 - Fixed Income
6.27% CANADIAN MORTGAGE POOLS 1.8% 01Sep2024 CA62957ZT476 7,856,634 CAD 1.80 09/01/2024 8,103,486 - Fixed Income
5.85% CANADIAN MORTGAGE POOLS 2.04% 01Feb2023 CA62950ZZE55 7,373,063 CAD 2.04 02/01/2023 7,561,926 - Fixed Income
4.73% CANADIAN MORTGAGE POOLS 2.39% 01May2023 CA62951ZG393 5,906,001 CAD 2.39 05/01/2023 6,118,021 - Fixed Income
4.57% CANADIAN MORTGAGE POOLS 1.9% 01Jul2024 CA62957ZGE93 5,717,178 CAD 1.90 07/01/2024 5,907,739 - Fixed Income
4.24% CANADIAN MORTGAGE POOLS 1.12% 01Mar2025 CA62959Z3V36 5,415,407 CAD 1.12 03/01/2025 5,479,652 - Fixed Income
4.06% CANADIAN MORTGAGE POOLS 1.75% 01Jun2024 CA62956ZVB98 5,096,361 CAD 1.75 06/01/2024 5,245,390 - Fixed Income
3.76% CANADIAN MORTGAGE POOLS .5% 01Oct2025 CA62962ZK491 4,922,681 CAD 0.50 10/01/2025 4,856,150 - Fixed Income
3.15% CANADIAN MORTGAGE POOLS 1.84% 01Dec2022 CA62949ZE517 3,988,308 CAD 1.84 12/01/2022 4,073,298 - Fixed Income
2.97% CANADIAN MORTGAGE POOLS 1.85% 01Jan2025 CA62959ZQL09 3,711,335 CAD 1.85 01/01/2025 3,837,449 - Fixed Income
2.89% CANADIAN MORTGAGE POOLS 1.65% 01Oct2024 CA62958ZFT62 3,635,312 CAD 1.65 10/01/2024 3,733,711 - Fixed Income
2.57% CANADIAN MORTGAGE POOLS 2.65% 01Sep2023 CA62953ZST70 3,173,631 CAD 2.65 09/01/2023 3,316,736 - Fixed Income
2.56% CANADIAN MORTGAGE POOLS 2.49% 01Jun2023 CA62952ZBE93 3,188,577 CAD 2.49 06/01/2023 3,311,811 - Fixed Income
2.32% CANADIAN MORTGAGE POOLS 1.84% 01Oct2022 CA62949ZFU53 2,950,202 CAD 1.84 10/01/2022 3,005,574 - Fixed Income
2.18% CANADIAN MORTGAGE POOLS 1.89% 01Sep2022 CA62948ZTJ61 2,770,896 CAD 1.89 09/01/2022 2,824,176 - Fixed Income
2.18% CANADIAN MORTGAGE POOLS 1.74% 01Jan2025 CA62959ZRN55 2,738,550 CAD 1.74 01/01/2025 2,821,545 - Fixed Income
2.09% CANADIAN MORTGAGE POOLS 2.29% 01Feb2023 CA62950ZG551 2,623,835 CAD 2.29 02/01/2023 2,705,151 - Fixed Income
2.08% CANADIAN MORTGAGE POOLS .58% 01Dec2025 CA62963ZRR06 2,722,739 CAD 0.58 12/01/2025 2,692,052 - Fixed Income
1.47% CANADIAN MORTGAGE POOLS 2.69% 01Nov2023 CA62954ZBL19 1,817,514 CAD 2.69 11/01/2023 1,902,780 - Fixed Income
1.37% CANADIAN MORTGAGE POOLS 1.62% 01Mar2022 CA62946ZC806 1,753,196 CAD 1.62 03/01/2022 1,771,046 - Fixed Income
1.00% CANADIAN MORTGAGE POOLS 2.08% 01Apr2024 CA62955Z4V66 1,251,255 CAD 2.08 04/01/2024 1,297,449 - Fixed Income
0.85% CANADIAN MORTGAGE POOLS 2.39% 01Jul2023 CA62952ZRU61 1,065,686 CAD 2.39 07/01/2023 1,104,597 - Fixed Income
0.83% CANADIAN MORTGAGE POOLS 1.72% 01Oct2024 CA62958ZDX92 1,041,732 CAD 1.72 10/01/2024 1,072,055 - Fixed Income
0.75% CANADIAN MORTGAGE POOLS 1.37% 01Nov2021 CA62945ZWB26 960,965 CAD 1.37 11/01/2021 966,439 - Fixed Income
0.71% CANADIAN MORTGAGE POOLS 1.95% 01Sep2024 CA62957Z4E22 890,795 CAD 1.95 09/01/2024 922,117 - Fixed Income
0.68% CANADIAN MORTGAGE POOLS 1.7% 01Jun2024 CA62956ZVC71 852,217 CAD 1.70 06/01/2024 876,219 - Fixed Income
0.50% CANADIAN MORTGAGE POOLS 1.42% 01Jun2022 CA62947ZWC80 638,812 CAD 1.42 06/01/2022 646,214 - Fixed Income
0.47% CANADIAN MORTGAGE POOLS 1.35% 01Mar2022 CA62946Z6Y03 596,507 CAD 1.35 03/01/2022 601,181 - Fixed Income
0.35% CANADIAN MORTGAGE POOLS 1.5% 01Aug2024 CA62957ZTA35 445,001 CAD 1.50 08/01/2024 455,360 - Fixed Income
0.18% CANADIAN MORTGAGE POOLS 2.05% 01Feb2024 CA62956ZCM64 227,595 CAD 2.05 02/01/2024 235,343 - Fixed Income
0.14% CANADIAN MORTGAGE POOLS 1.47% 01Jan2022 CA62947ZFB90 181,640 CAD 1.47 01/01/2022 181,638 - Fixed Income
-0.40% CASH - 1 CAD - - -522,478 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Maturity

Credit Allocation

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