Overview

Fund Profile

Key Facts

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

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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 $ 13.86 $ 0.01 0.07%
Price (NAV) $ 13.8761 $ 0.0349 0.25%

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 -8.13% -4.69% -0.40% 1.46% - 2.19%
Index -7.84% -4.40% -0.13% 1.75% - 2.47%
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 -6.96% -2.92% 9.74% 5.46% 1.59% 0.95% 1.28% 4.87% 9.14% -1.41%
Index -6.82% -2.60% 9.97% 5.77% 1.88% 1.31% 1.53% 5.13% 9.47% -1.28%
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 -6.96% 4.59% 2.55% -4.36% -8.13% -9.15% -1.19% 7.54% - 22.52%
Index -6.82% 4.60% 2.62% -4.26% -7.84% -8.60% -0.40% 9.07% - 25.67%

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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 0.034000 0.000000 0.034000
Feb, 2022 Feb 24, 2022 Feb 25, 2022 Mar 02, 2022 0.034000 0.000000 0.034000
Mar, 2022 Mar 29, 2022 Mar 30, 2022 Apr 04, 2022 0.034000 0.000000 0.034000
Apr, 2022 Apr 27, 2022 Apr 28, 2022 May 03, 2022 0.034000 0.000000 0.034000
May, 2022 May 27, 2022 May 30, 2022 Jun 03, 2022 0.034000 0.000000 0.034000
Jun, 2022 Jun 28, 2022 Jun 29, 2022 Jul 05, 2022 0.034000 0.000000 0.034000
Jul, 2022 Jul 27, 2022 Jul 28, 2022 Aug 03, 2022 0.034000 0.000000 0.034000
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

100.04%

Cash and Cash Equivalents

-0.04%

Number of Holdings

57

Total Net Assets

$ 353,881,975.00


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
7.22% PROVINCE OF ONTARIO CANADA 2.05% 02Jun2030 CA68333ZAH07 27,946,000 CAD 2.05 06/02/2030 25,549,498 PROVINCIAL BOND Fixed Income
6.78% PROVINCE OF ONTARIO CANADA 2.9% 02Jun2028 CA68333ZAC10 24,353,000 CAD 2.90 06/02/2028 23,979,189 PROVINCIAL BOND Fixed Income
6.37% PROVINCE OF QUEBEC CANADA 1.9% 01Sep2030 CA74814ZFG33 24,838,000 CAD 1.90 09/01/2030 22,536,805 PROVINCIAL BOND Fixed Income
5.86% PROVINCE OF ONTARIO CANADA 2.15% 02Jun2031 CA68333ZAP23 22,820,000 CAD 2.15 06/02/2031 20,740,337 PROVINCIAL BOND Fixed Income
5.86% PROVINCE OF ONTARIO CANADA 2.7% 02Jun2029 CA68333ZAE75 21,447,000 CAD 2.70 06/02/2029 20,736,128 PROVINCIAL BOND Fixed Income
4.85% PROVINCE OF QUEBEC CANADA 1.5% 01Sep2031 CA74814ZFH16 19,948,000 CAD 1.50 09/01/2031 17,168,558 PROVINCIAL BOND Fixed Income
4.22% PROVINCE OF ALBERTA CANADA 2.05% 01Jun2030 CA013051EG84 16,331,000 CAD 2.05 06/01/2030 14,943,473 PROVINCIAL BOND Fixed Income
4.19% PROVINCE OF QUEBEC CANADA 2.3% 01Sep2029 CA74814ZFF59 15,659,000 CAD 2.30 09/01/2029 14,823,994 PROVINCIAL BOND Fixed Income
4.13% PROVINCE OF QUEBEC CANADA 2.75% 01Sep2028 CA74814ZFD02 14,862,000 CAD 2.75 09/01/2028 14,610,984 PROVINCIAL BOND Fixed Income
3.73% PROVINCE OF QUEBEC CANADA 2.75% 01Sep2027 CA74814ZFB46 13,333,000 CAD 2.75 09/01/2027 13,193,548 PROVINCIAL BOND Fixed Income
3.30% PROVINCE OF ONTARIO CANADA 2.25% 02Dec2031 CA68333ZAT45 12,800,000 CAD 2.25 12/02/2031 11,661,481 PROVINCIAL BOND Fixed Income
3.25% PROVINCE OF ONTARIO CANADA 1.35% 02Dec2030 CA68333ZAN74 13,460,000 CAD 1.35 12/02/2030 11,518,453 PROVINCIAL BOND Fixed Income
3.02% PROVINCE OF ONTARIO CANADA 1.55% 01Nov2029 CA68333ZAR88 12,005,000 CAD 1.55 11/01/2029 10,688,625 PROVINCIAL BOND Fixed Income
2.80% PROVINCE OF BRITISH COLUMBIA CANADA 1.55% 18Jun2031 CA110709AF97 11,466,000 CAD 1.55 06/18/2031 9,898,099 PROVINCIAL BOND Fixed Income
2.68% PROVINCE OF BRITISH COLUMBIA CANADA 2.2% 18Jun2030 CA110709GK29 10,241,000 CAD 2.20 06/18/2030 9,477,849 PROVINCIAL BOND Fixed Income
2.30% PROVINCE OF ONTARIO CANADA 1.05% 08Sep2027 CA68333ZAM91 9,022,000 CAD 1.05 09/08/2027 8,133,041 PROVINCIAL BOND Fixed Income
2.14% PROVINCE OF QUEBEC CANADA 6% 01Oct2029 CA748148QJ59 6,363,000 CAD 6.00 10/01/2029 7,558,956 PROVINCIAL BOND Fixed Income
2.03% PROVINCE OF ALBERTA CANADA 1.65% 01Jun2031 CA013051EP83 8,260,000 CAD 1.65 06/01/2031 7,196,416 PROVINCIAL BOND Fixed Income
1.91% PROVINCE OF BRITISH COLUMBIA CANADA 2.95% 18Dec2028 CA110709GH99 6,876,000 CAD 2.95 12/18/2028 6,768,748 PROVINCIAL BOND Fixed Income
1.52% PROVINCE OF ALBERTA CANADA 2.9% 01Dec2028 CA013051EB97 5,481,000 CAD 2.90 12/01/2028 5,383,316 PROVINCIAL BOND Fixed Income
1.46% PROVINCE OF ONTARIO CANADA 3.75% 02Jun2032 CA68333ZAU18 5,000,000 CAD 3.75 06/02/2032 5,159,458 PROVINCIAL BOND Fixed Income
1.34% PROVINCE OF QUEBEC CANADA 3.65% 20May2032 CA74814ZFP32 4,600,000 CAD 3.65 05/20/2032 4,739,179 PROVINCIAL BOND Fixed Income
1.31% PROVINCE OF MANITOBA CANADA 2.05% 02Jun2031 CA563469UX18 5,150,000 CAD 2.05 06/02/2031 4,628,100 PROVINCIAL BOND Fixed Income
1.26% PROVINCE OF BRITISH COLUMBIA CANADA 5.7% 18Jun2029 CA110709EK47 3,862,000 CAD 5.70 06/18/2029 4,457,185 PROVINCIAL BOND Fixed Income
1.17% PROVINCE OF MANITOBA CANADA 3% 02Jun2028 CA563469UR40 4,189,000 CAD 3.00 06/02/2028 4,143,803 PROVINCIAL BOND Fixed Income
1.07% PROVINCE OF SASKATCHEWAN CANADA 2.2% 02Jun2030 CA803854KJ60 4,096,000 CAD 2.20 06/02/2030 3,785,319 PROVINCIAL BOND Fixed Income
1.05% BRITISH COLUMBIA PROV OF 3.2% 18Jun2032 CA110709GL02 3,750,000 CAD 3.20 06/18/2032 3,699,135 - Fixed Income
1.00% PROVINCE OF SASKATCHEWAN CANADA 3.05% 02Dec2028 CA803854KF49 3,567,000 CAD 3.05 12/02/2028 3,528,951 PROVINCIAL BOND Fixed Income
0.97% PROVINCE OF ALBERTA CANADA 2.9% 20Sep2029 CA01306ZCV19 3,474,000 CAD 2.90 09/20/2029 3,417,581 PROVINCIAL BOND Fixed Income
0.92% PROVINCE OF NEW BRUNSWICK CANADA 3.1% 14Aug2028 CA642866GN19 3,309,000 CAD 3.10 08/14/2028 3,263,199 PROVINCIAL BOND Fixed Income
0.90% PROVINCE OF MANITOBA CANADA 2.05% 02Jun2030 CA563469UV51 3,504,000 CAD 2.05 06/02/2030 3,195,727 PROVINCIAL BOND Fixed Income
0.89% PROVINCE OF NOVA SCOTIA CANADA 2% 01Sep2030 CA669827GC54 3,462,000 CAD 2.00 09/01/2030 3,153,548 PROVINCIAL BOND Fixed Income
0.82% PROVINCE OF ALBERTA CANADA 3.5% 01Jun2031 CA01306ZDF59 2,862,000 CAD 3.50 06/01/2031 2,904,752 PROVINCIAL BOND Fixed Income
0.77% PROVINCE OF SASKATCHEWAN CANADA 2.15% 02Jun2031 CA803854KP21 3,017,000 CAD 2.15 06/02/2031 2,739,855 PROVINCIAL BOND Fixed Income
0.73% PROVINCE OF NEWFOUNDLAND AND LABRADOR CANADA 2.85% 02Jun2029 CA651333GC42 2,670,000 CAD 2.85 06/02/2029 2,586,683 PROVINCIAL BOND Fixed Income
0.73% PROVINCE OF NEWFOUNDLAND AND LABRADOR CANADA 2.85% 02Jun2028 CA651333FZ46 2,646,000 CAD 2.85 06/02/2028 2,581,825 PROVINCIAL BOND Fixed Income
0.71% PROVINCE OF ONTARIO CANADA 6.2% 02Jun2031 CA683234NM69 2,059,000 CAD 6.20 06/02/2031 2,520,490 PROVINCIAL BOND Fixed Income
0.70% PROVINCE OF NEWFOUNDLAND AND LABRADOR CANADA 1.75% 02Jun2030 CA651333GE08 2,803,000 CAD 1.75 06/02/2030 2,479,032 PROVINCIAL BOND Fixed Income
0.60% PROVINCE OF NEWFOUNDLAND AND LABRADOR CANADA 6.15% 17Apr2028 CA651333EE26 1,833,000 CAD 6.15 04/17/2028 2,120,943 PROVINCIAL BOND Fixed Income
0.52% PROVINCE OF NOVA SCOTIA CANADA 2.4% 01Dec2031 CA669827GE11 2,000,000 CAD 2.40 12/01/2031 1,841,819 PROVINCIAL BOND Fixed Income
0.43% PROVINCE OF MANITOBA CANADA 3.25% 05Sep2029 CA56344ZQC63 1,500,000 CAD 3.25 09/05/2029 1,508,915 PROVINCIAL BOND Fixed Income
0.42% PROV OF NEW BRUNSWICK 2.55% 14Aug2031 CA642866GT88 1,600,000 CAD 2.55 08/14/2031 1,488,075 - Fixed Income
0.37% PROVINCE OF QUEBEC CANADA 2.1% 27May2031 CA74814ZFM01 1,456,000 CAD 2.10 05/27/2031 1,326,950 PROVINCIAL BOND Fixed Income
0.37% PROVINCE OF ONTARIO CANADA 6.5% 08Mar2029 CA683234LJ58 1,080,400 CAD 6.50 03/08/2029 1,310,829 PROVINCIAL BOND Fixed Income
0.23% PROVINCE OF QUEBEC CANADA 6.25% 01Jun2032 CA748148QT32 656,000 CAD 6.25 06/01/2032 814,919 PROVINCIAL BOND Fixed Income
0.18% PROVINCE OF SASKATCHEWAN CANADA 6.4% 05Sep2031 CA803854HN10 505,000 CAD 6.40 09/05/2031 634,563 PROVINCIAL BOND Fixed Income
0.17% PROVINCE OF NEW BRUNSWICK CANADA 2.35% 14Aug2027 CA642866GM36 641,000 CAD 2.35 08/14/2027 613,021 PROVINCIAL BOND Fixed Income
0.14% NEW BRUNSWICK F-M PROJECT CO INC 6.47% 30Nov2027 CA642904AA48 458,603 CAD 6.47 11/30/2027 493,464 PROVINCIAL BOND Fixed Income
0.13% PROVINCE OF NOVA SCOTIA CANADA 1.1% 01Jun2028 CA669827GD38 520,000 CAD 1.10 06/01/2028 460,868 PROVINCIAL BOND Fixed Income
0.13% PROVINCE OF NEWFOUNDLAND AND LABRADOR CANADA 2.05% 02Jun2031 CA651333GG55 500,000 CAD 2.05 06/02/2031 445,091 PROVINCIAL BOND Fixed Income
0.11% PROVINCE OF MANITOBA CANADA 2.75% 02Jun2029 CA563469UT06 405,000 CAD 2.75 06/02/2029 392,270 PROVINCIAL BOND Fixed Income
0.09% PROVINCE OF BRITISH COLUMBIA CANADA 5.62% 17Aug2028 CA11070ZCC64 276,000 CAD 5.62 08/17/2028 309,926 PROVINCIAL BOND Fixed Income
0.09% PROVINCE OF PRINCE EDWARD ISLAND CANADA 1.85% 27Jul2031 CA741666DD08 350,000 CAD 1.85 07/27/2031 305,457 PROVINCIAL BOND Fixed Income
0.06% PROVINCE OF BRITISH COLUMBIA CANADA 6.35% 18Jun2031 CA110709EX67 169,000 CAD 6.35 06/18/2031 208,954 PROVINCIAL BOND Fixed Income
0.03% PROVINCE OF MANITOBA CANADA 6.3% 05Mar2031 CA56344ZCG24 96,000 CAD 6.30 03/05/2031 118,877 PROVINCIAL BOND Fixed Income
0.02% PROVINCE OF NEW BRUNSWICK CANADA 5.65% 27Dec2028 CA642866ET07 67,000 CAD 5.65 12/27/2028 75,995 PROVINCIAL BOND Fixed Income
-0.04% CASH - 1 CAD - - -140,284 - Cash and Cash Equivalents

Holdings Breakdown

Geographic Allocation

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

Maturity

has a donut chart divided into 5 ranges. Ranges are: 16.03%, 5-6 Years.17.85%, 6-7 Years.27.39%, 7-8 Years.25.41%, 8-9 Years.13.32%, 9-10 Years.

Credit Allocation

has a donut chart divided into 3 ranges. Ranges are: 0.05%, AAA.91.12%, AA.8.83%, A.

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