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Overview

Fund Profile

Key Facts

Fund Ticker ZMP
Net Assets (Mn)
(Dec 04, 2020)
$ 903.96
Base Currency CAD
Closing Market Price $ 16.02
12-Month Low/High (Market Price) $ 15.14 / $ 16.30
Closing NAV Price
(Dec 04, 2020)
$ 16.0060
12-Month Low/High (Price (NAV)) $ 15.1063 / $ 16.2829
Weighted Average Term (Years) 7.53
Weighted Average Coupon (%) 2.62%
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.

2.53%
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.

1.13%
Weighted Average Duration (Years) 6.81
Maximum Annual Management Fee 0.25%
Management Expense Ratio 0.28%
Market Volume 123,043
Distribution Frequency Monthly
Options Available No
Inception Date Mar 19, 2013
Fiscal Year-End December 31
Units Outstanding (000's) 56,476
Index FTSE Canada Mid Term Provincial Bond Index
Exchange TSX
CUSIP 05576Q105
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

The BMO Mid Provincial Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE Canada Mid Term Provincial Bond IndexTM , net of expenses. The Fund invests in a variety of debt securities primarily with a term to maturity between five and ten years. Securities held in the Index are generally issued or guaranteed by the Provincial Governments in Canada, by various agencies of the Provincial Governments, and by various instrumentalities that have been established or sponsored by Provincial Governments.

Benchmark Info

The FTSE Canada Mid Term Provincial Bond IndexTM consists of semi-annual pay fixed rate provincial bonds denominated in Canadian dollars, with an effective term to maturity of five years to ten years, a credit rating of BBB or higher and minimum size requirement of $50 million per issue or $100 million for issues after January 2019. The provincial sector consists of bonds issued by Canadian provinces and provincial or territorial corporations, incorporated under their respective jurisdiction. Each security in the Index is weighted by its relative market capitalization and re-balanced on a daily basis.

Fund Benefits

  • Designed for investors looking for consistent income
  • Invested in a diversified portfolio of provincial bonds
  • Includes bonds with five to ten years to maturity
  • Professionally managed by BMO Global Asset Management

Risk Rating

  • Low
  • Low to Medium
  • Medium
  • Medium to High
  • High

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Price & Performance

Performance Chart

Growth of 10,000

Performance Details

Fund Total Assets ($Mn)
(Dec 04, 2020)
$ 903.96
Market Price $ 16.02
12-Month Low/High (Market Price) $ 15.14 / $ 16.30
Price (NAV) $ 16.0060
12-Month Low/High (Price (NAV)) $ 15.1063 / $ 16.2829
Distribution Frequency Monthly

Daily Prices

Unit Price as of
(Dec 04, 2020)
1 Day Change 1 Day % Change
Market Price $ 16.02 $ -0.04 -0.25%
Price (NAV) $ 16.0060 $ -0.0398 -0.25%

Performance

Annualized Performance

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

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 7.81% 7.99% 5.03% 3.91% - 3.95%
Index 8.06% 8.27% 5.31% 4.20% - 4.23%
Calendar Performance

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

YTD 2019 2018 2017 2016 2015 2014 2013
NAV 9.05% 5.46% 1.59% 0.95% 1.28% 4.87% 9.14% -1.41%
Index 9.28% 5.77% 1.88% 1.31% 1.53% 5.13% 9.47% -1.28%
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 9.05% 0.29% 0.40% 1.56% 7.81% 16.61% 15.85% 21.16% - 34.80%
Index 9.28% 0.35% 0.50% 1.71% 8.06% 17.23% 16.80% 22.82% - 37.60%

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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.

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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 0.034000 0.000000 0.034000
Feb, 2020 Feb 26, 2020 Feb 27, 2020 Mar 03, 2020 0.034000 0.000000 0.034000
Mar, 2020 Mar 27, 2020 Mar 30, 2020 Apr 02, 2020 0.034000 0.000000 0.034000
Apr, 2020 Apr 28, 2020 Apr 29, 2020 May 04, 2020 0.034000 0.000000 0.034000
May, 2020 May 27, 2020 May 28, 2020 Jun 02, 2020 0.034000 0.000000 0.034000
Jun, 2020 Jun 26, 2020 Jun 29, 2020 Jul 06, 2020 0.034000 0.000000 0.034000
Jul, 2020 Jul 29, 2020 Jul 30, 2020 Aug 05, 2020 0.034000 0.000000 0.034000
Aug, 2020 Aug 27, 2020 Aug 28, 2020 Sep 02, 2020 0.034000 0.000000 0.034000
Sep, 2020 Sep 28, 2020 Sep 29, 2020 Oct 02, 2020 0.034000 0.000000 0.034000
Oct, 2020 Oct 28, 2020 Oct 29, 2020 Nov 03, 2020 0.034000 0.000000 0.034000
Nov, 2020 Nov 27, 2020 Nov 30, 2020 Dec 03, 2020 0.034000 0.000000 0.034000
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.

- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Dec 04, 2020

Fixed Income

100.04%

Cash and Cash Equivalents

-0.04%

Number of Holdings

50

Total Net Assets

$ 903,956,587.00


Download Holdings (Excel)
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Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
11.33% PROVINCE OF ONTARIO CANADA 2.6% 02Jun2027 CA68323AEE07 93,451,000 CAD 2.60 06/02/2027 102,425,761 PROVINCIAL BOND Fixed Income
7.58% PROVINCE OF ONTARIO CANADA 2.9% 02Jun2028 CA68333ZAC10 61,093,000 CAD 2.90 06/02/2028 68,503,351 PROVINCIAL BOND Fixed Income
7.05% PROVINCE OF ONTARIO CANADA 2.7% 02Jun2029 CA68333ZAE75 57,462,000 CAD 2.70 06/02/2029 63,764,814 PROVINCIAL BOND Fixed Income
6.82% PROVINCE OF ONTARIO CANADA 2.05% 02Jun2030 CA68333ZAH07 58,519,000 CAD 2.05 06/02/2030 61,649,988 PROVINCIAL BOND Fixed Income
6.30% PROVINCE OF ONTARIO CANADA 2.4% 02Jun2026 CA68323ADM32 52,841,000 CAD 2.40 06/02/2026 56,986,543 PROVINCIAL BOND Fixed Income
5.64% PROVINCE OF QUEBEC CANADA 2.3% 01Sep2029 CA74814ZFF59 46,910,000 CAD 2.30 09/01/2029 51,023,919 PROVINCIAL BOND Fixed Income
5.61% PROVINCE OF QUEBEC CANADA 2.75% 01Sep2028 CA74814ZFD02 45,147,000 CAD 2.75 09/01/2028 50,692,390 PROVINCIAL BOND Fixed Income
4.19% PROVINCE OF QUEBEC CANADA 1.9% 01Sep2030 CA74814ZFG33 36,164,000 CAD 1.90 09/01/2030 37,912,232 PROVINCIAL BOND Fixed Income
4.17% PROVINCE OF QUEBEC CANADA 2.75% 01Sep2027 CA74814ZFB46 33,718,000 CAD 2.75 09/01/2027 37,683,844 PROVINCIAL BOND Fixed Income
4.09% PROVINCE OF ALBERTA CANADA 2.05% 01Jun2030 CA013051EG84 35,471,000 CAD 2.05 06/01/2030 36,966,832 PROVINCIAL BOND Fixed Income
3.40% PROVINCE OF QUEBEC CANADA 2.5% 01Sep2026 CA74814ZEX74 28,087,000 CAD 2.50 09/01/2026 30,741,585 PROVINCIAL BOND Fixed Income
3.27% PROVINCE OF BRITISH COLUMBIA CANADA 2.95% 18Dec2028 CA110709GH99 25,812,000 CAD 2.95 12/18/2028 29,603,871 PROVINCIAL BOND Fixed Income
2.77% PROVINCE OF ALBERTA CANADA 2.55% 01Jun2027 CA013051DW44 22,987,000 CAD 2.55 06/01/2027 25,052,676 PROVINCIAL BOND Fixed Income
2.16% PROVINCE OF ALBERTA CANADA 2.2% 01Jun2026 CA013051DT15 18,323,000 CAD 2.20 06/01/2026 19,534,979 PROVINCIAL BOND Fixed Income
1.98% PROVINCE OF ALBERTA CANADA 2.9% 01Dec2028 CA013051EB97 16,032,000 CAD 2.90 12/01/2028 17,923,445 PROVINCIAL BOND Fixed Income
1.72% PROVINCE OF ALBERTA CANADA 2.9% 20Sep2029 CA01306ZCV19 13,861,000 CAD 2.90 09/20/2029 15,581,925 PROVINCIAL BOND Fixed Income
1.57% PROVINCE OF BRITISH COLUMBIA CANADA 2.55% 18Jun2027 CA11070TAL22 12,764,000 CAD 2.55 06/18/2027 14,153,176 PROVINCIAL BOND Fixed Income
1.31% PROVINCE OF BRITISH COLUMBIA CANADA 2.3% 18Jun2026 CA11070TAJ75 10,855,000 CAD 2.30 06/18/2026 11,800,629 PROVINCIAL BOND Fixed Income
1.29% PROVINCE OF MANITOBA CANADA 3% 02Jun2028 CA563469UR40 10,328,000 CAD 3.00 06/02/2028 11,616,407 PROVINCIAL BOND Fixed Income
1.19% PROVINCE OF MANITOBA CANADA 2.75% 02Jun2029 CA563469UT06 9,660,000 CAD 2.75 06/02/2029 10,716,535 PROVINCIAL BOND Fixed Income
1.16% PROVINCE OF BRITISH COLUMBIA CANADA 2.2% 18Jun2030 CA110709GK29 9,690,000 CAD 2.20 06/18/2030 10,496,929 PROVINCIAL BOND Fixed Income
1.12% PROVINCE OF MANITOBA CANADA 2.55% 02Jun2026 CA563469UJ24 9,350,000 CAD 2.55 06/02/2026 10,146,545 PROVINCIAL BOND Fixed Income
1.07% PROVINCE OF NEW BRUNSWICK CANADA 2.35% 14Aug2027 CA642866GM36 8,895,000 CAD 2.35 08/14/2027 9,648,086 PROVINCIAL BOND Fixed Income
1.07% PROVINCE OF NEWFOUNDLAND AND LABRADOR CANADA 3% 02Jun2026 CA651333FV32 8,769,000 CAD 3.00 06/02/2026 9,665,314 PROVINCIAL BOND Fixed Income
1.06% PROVINCE OF SASKATCHEWAN CANADA 2.55% 02Jun2026 CA803854KB35 8,817,000 CAD 2.55 06/02/2026 9,560,402 PROVINCIAL BOND Fixed Income
0.97% PROVINCE OF QUEBEC CANADA 6% 01Oct2029 CA748148QJ59 6,267,000 CAD 6.00 10/01/2029 8,749,843 PROVINCIAL BOND Fixed Income
0.86% PROVINCE OF NOVA SCOTIA CANADA 2.1% 01Jun2027 CA669827GA98 7,325,000 CAD 2.10 06/01/2027 7,793,195 PROVINCIAL BOND Fixed Income
0.84% PROVINCE OF MANITOBA CANADA 2.6% 02Jun2027 CA563469UP83 6,961,000 CAD 2.60 06/02/2027 7,614,328 PROVINCIAL BOND Fixed Income
0.82% PROVINCE OF SASKATCHEWAN CANADA 3.05% 02Dec2028 CA803854KF49 6,543,000 CAD 3.05 12/02/2028 7,405,431 PROVINCIAL BOND Fixed Income
0.76% PROVINCE OF ONTARIO CANADA 1.05% 08Sep2027 CA68333ZAM91 6,900,000 CAD 1.05 09/08/2027 6,896,721 PROVINCIAL BOND Fixed Income
0.70% PROVINCE OF NOVA SCOTIA CANADA 2% 01Sep2030 CA669827GC54 6,000,000 CAD 2.00 09/01/2030 6,314,474 PROVINCIAL BOND Fixed Income
0.63% PROVINCE OF NEWFOUNDLAND AND LABRADOR CANADA 2.85% 02Jun2028 CA651333FZ46 5,133,000 CAD 2.85 06/02/2028 5,661,217 PROVINCIAL BOND Fixed Income
0.61% PROVINCE OF SASKATCHEWAN CANADA 2.65% 02Jun2027 CA803854KE73 4,992,000 CAD 2.65 06/02/2027 5,473,106 PROVINCIAL BOND Fixed Income
0.59% PROVINCE OF BRITISH COLUMBIA CANADA 5.7% 18Jun2029 CA110709EK47 3,862,000 CAD 5.70 06/18/2029 5,334,799 PROVINCIAL BOND Fixed Income
0.58% PROVINCE OF MANITOBA CANADA 2.05% 02Jun2030 CA563469UV51 5,010,000 CAD 2.05 06/02/2030 5,252,719 PROVINCIAL BOND Fixed Income
0.54% PROVINCE OF NEWFOUNDLAND AND LABRADOR CANADA 2.85% 02Jun2029 CA651333GC42 4,446,000 CAD 2.85 06/02/2029 4,901,225 PROVINCIAL BOND Fixed Income
0.51% PROVINCE OF NEW BRUNSWICK CANADA 3.1% 14Aug2028 CA642866GN19 4,042,000 CAD 3.10 08/14/2028 4,613,155 PROVINCIAL BOND Fixed Income
0.46% PROVINCE OF SASKATCHEWAN CANADA 2.2% 02Jun2030 CA803854KJ60 3,906,000 CAD 2.20 06/02/2030 4,144,792 PROVINCIAL BOND Fixed Income
0.44% PROVINCE OF ONTARIO CANADA 1.35% 02Dec2030 CA68333ZAN74 4,000,000 CAD 1.35 12/02/2030 3,946,391 PROVINCIAL BOND Fixed Income
0.39% PROVINCE OF NEW BRUNSWICK CANADA 2.6% 14Aug2026 CA642866GK79 3,213,000 CAD 2.60 08/14/2026 3,524,405 PROVINCIAL BOND Fixed Income
0.31% PROVINCE OF NEWFOUNDLAND AND LABRADOR CANADA 1.75% 02Jun2030 CA651333GE08 2,798,000 CAD 1.75 06/02/2030 2,814,517 PROVINCIAL BOND Fixed Income
0.27% PROVINCE OF NEWFOUNDLAND AND LABRADOR CANADA 6.15% 17Apr2028 CA651333EE26 1,833,000 CAD 6.15 04/17/2028 2,444,921 PROVINCIAL BOND Fixed Income
0.23% PROVINCE OF ONTARIO CANADA 7.6% 02Jun2027 CA683234KG29 1,500,000 CAD 7.60 06/02/2027 2,114,166 PROVINCIAL BOND Fixed Income
0.23% PROVINCE OF ONTARIO CANADA 1.85% 01Feb2027 CA68333ZAJ62 2,000,000 CAD 1.85 02/01/2027 2,115,431 PROVINCIAL BOND Fixed Income
0.17% PROVINCE OF ONTARIO CANADA 6.5% 08Mar2029 CA683234LJ58 1,080,400 CAD 6.50 03/08/2029 1,530,618 PROVINCIAL BOND Fixed Income
0.11% NEW BRUNSWICK F-M PROJECT CO INC 6.47% 30Nov2027 CA642904AA48 836,871 CAD 6.47 11/30/2027 1,001,392 PROVINCIAL BOND Fixed Income
0.04% ONTARIO ELECTRICITY FINANCIAL CORP 8.25% 22Jun2026 CA683078GG81 248,000 CAD 8.25 06/22/2026 353,184 PROVINCIAL BOND Fixed Income
0.04% PROVINCE OF BRITISH COLUMBIA CANADA 5.62% 17Aug2028 CA11070ZCC64 276,000 CAD 5.62 08/17/2028 368,124 PROVINCIAL BOND Fixed Income
0.01% PROVINCE OF NEW BRUNSWICK CANADA 5.65% 27Dec2028 CA642866ET07 67,000 CAD 5.65 12/27/2028 90,429 PROVINCIAL BOND Fixed Income
-0.04% CASH - 1 CAD - - -354,064 - Cash and Cash Equivalents

Holdings Breakdown

Geographic Allocation

Maturity

Credit Allocation

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