Fund Profile
Key Facts
| Fund Ticker | ZMSB |
|---|---|
|
Net Assets (Mn) (Aug 15, 2022) |
$ 26.08 |
| Base Currency | CAD |
| Closing Market Price | $ 28.28 |
| 12-Month Low/High (Market Price) | $ 27.09 / $ 32.05 |
|
Closing NAV Price (Aug 15, 2022) |
$ 28.3766 |
| 12-Month Low/High (Price (NAV)) | $ 27.0583 / $ 31.9278 |
| Weighted Average Term (Years) | 6.34 |
| Weighted Average Coupon (%) | 3.01% |
|
Annualized Distribution Yield (Jul 29, 2022) Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV. Footnote |
3.55% |
|
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 |
6.32% |
| Weighted Average Duration (Years) | 4.20 |
| Maximum Annual Management Fee | 0.60% |
| Management Expense Ratio |
0.67% Management Expense Ratios (MERs) are the audited MERs as of December 31, 2021. Footnote |
| Market Volume | 564 |
| Distribution Frequency | Quarterly |
| Options Available | No |
| Inception Date | May 29, 2018 |
| Fiscal Year-End | September 30 |
| Units Outstanding (000's) | 919 |
| Index | - |
| Exchange | Toronto Stock Exchange |
| CUSIP | 05585W101 |
| Eligibility | RRSP/RRIF/RESP/DPSP/TFSA |
Portfolio Strategy
The ETF invests in global fixed income securities and actively seeks to capitalize across sectors, including investment grade corporate bonds, government bonds, emerging market bonds, high yield bonds, and securitized bonds. The portfolio uses fundamental and quantitative analysis of credit ratings and other research methods, and invests using a responsible investment approach.
Fund Benefits
- Designed for investors looking for reliable income and growth potential
- Designed for investors looking for global credit exposure
- Invested in a diversified portfolio of investment grade bonds, government bonds, emerging market bonds, high yield bonds, and securitized bonds
- Professionally managed by BMO Global Asset Management EMEA
Risk Rating
Download
Performance Chart
Chart comparing growth of $10,000. From START_DATE to END_DATE. Comparing FUND_1 and FUND_2. For more details, email [email protected] or call 1-800-361-1392.
Performance Details
| Fund Total Assets ($Mn) (Aug 15, 2022) |
$ 26.08 |
|---|---|
| Market Price | $ 28.28 |
| 12-Month Low/High (Market Price) | $ 27.09 / $ 32.05 |
| Price (NAV) | $ 28.3766 |
| 12-Month Low/High (Price (NAV)) | $ 27.0583 / $ 31.9278 |
| Distribution Frequency | Quarterly |
Daily Prices
| Unit Price as of (Aug 15, 2022) |
1 Day Change | 1 Day % Change | |
|---|---|---|---|
| Market Price | $ 28.28 | $ 0.06 | 0.21% |
| Price (NAV) | $ 28.3766 | $ 0.0578 | 0.20% |
Performance
Annualized Performance (%) for period ending: Jul 29, 2022
| 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|
| NAV | -8.44% | -2.22% | -0.09% | - | - | 1.71% |
| Index | - | - | - | - | - | - |
| Jul 29, 2022 |
Calendar Year Performance (%) for period ending: Jul 29, 2022
| YTD | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| NAV | -7.84% | 0.47% | 5.28% | 11.23% | -1.01% |
| Index | - | - | - | - | - |
| Jul 29, 2022 |
Cumulative Performance (%) for period ending: Jul 29, 2022
| YTD | 1 mo | 3 Mo | 6 Mo | 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|---|---|---|---|
| NAV | -7.84% | 4.08% | -0.81% | -6.24% | -8.44% | -4.39% | -0.29% | - | - | 7.34% |
| Index | - | - | - | - | - | - | - | - | - | - |
| Jul 29, 2022 |
Download
Distribution History
| 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 |
|---|---|---|---|---|---|---|
| Mar, 2022 | Mar 29, 2022 | Mar 30, 2022 | Apr 04, 2022 | 0.250000 | 0.000000 | 0.250000 |
| Jun, 2022 | Jun 28, 2022 | Jun 29, 2022 | Jul 05, 2022 | 0.250000 | 0.000000 | 0.250000 |
| Sep, 2022 | Sep 28, 2022 | Sep 29, 2022 | Oct 05, 2022 | - | - | - |
| Dec, 2022 | Dec 28, 2022 | Dec 29, 2022 | Jan 03, 2023 | - | - | - |
| Year to Date | 0.500000 | 0.000000 | 0.500000 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - |
Download
Daily Holdings
As of Jul 29, 2022
95.97%
4.03%
367
$ 26,079,032.00
Download Holdings (Excel)
| Weight (%) | Name | ISIN | Par Value | Currency | Coupon | Maturity | Base Market Value | Sector | Asset Class |
|---|---|---|---|---|---|---|---|---|---|
| 2.49% | UNITED STATES TREASURY NOTE/BOND 3.25% 30Jun2027 | US91282CEW73 | 3,000,000 | USD | 3.25 | 06/30/2027 | 3,948,087 | Government Bonds | Fixed Income |
| 1.11% | REPUBLIC OF SOUTH AFRICA GOVERNMENT BOND 8.25% 31Mar2032 | ZAG000107004 | 26,000,000 | ZAR | 8.25 | 03/31/2032 | 1,762,498 | Government Bonds | Fixed Income |
| 0.75% | OP CORPORATE BANK PLC 1.38% 04Sep2026 | XS2393539080 | 818,000 | GBP | 1.38 | 09/04/2026 | 1,187,406 | - | Fixed Income |
| 0.75% | REPUBLIC OF SOUTH AFRICA GOVERNMENT INTERNATIONAL BOND 5.88% 20Apr2032 | US836205BC70 | 984,000 | USD | 5.88 | 04/20/2032 | 1,183,265 | Government Bonds | Fixed Income |
| 0.73% | EMIRATES TELECOMMUNICATIONS GROUP CO PJSC .38% 17May2028 | XS2339427747 | 1,000,000 | EUR | 0.38 | 05/17/2028 | 1,149,048 | - | Fixed Income |
| 0.71% | AXA LOGISTICS EUROPE MASTER SCA .38% 15Nov2026 | XS2407019798 | 936,000 | EUR | 0.38 | 11/15/2026 | 1,117,870 | - | Fixed Income |
| 0.68% | KERRY GROUP FINANCIAL SERVICES UNLTD CO .88% 01Dec2031 | XS2414830963 | 978,000 | EUR | 0.88 | 12/01/2031 | 1,072,161 | - | Fixed Income |
| 0.65% | KBC GROUP NV .63% 07Dec2031 | BE0002819002 | 900,000 | EUR | 0.63 | 12/07/2031 | 1,031,317 | - | Fixed Income |
| 0.65% | INDUSTRIAL & COMMERCIAL BANK OF CHINA LTD/LONDON 1.63% 28Dec2025 | XS2384533563 | 715,000 | GBP | 1.63 | 12/28/2025 | 1,029,841 | - | Fixed Income |
| 5.86% | CASH | - | 1 | CAD | - | - | 9,271,316 | - | Cash and Cash Equivalents |
Holdings Breakdown
Sector Allocation
has a donut chart divided into 10 ranges. Ranges are: 33.13%, Investment Grade Bonds - Europe.20.18%, High Yield - Europe.11.89%, High Yield - North America.11.69%, Emerging Market Bonds.9.52%, Bank / Insurance Subordinated.7.87%, Investment Grade Bonds - North America.2.72%, Cash.2.53%, Government Bonds.0.16%, Securitized Debt.0.31%, Other.
Geographic Allocation
has a donut chart divided into 10 ranges. Ranges are: 33.37%, United States.15.42%, United Kingdom.8.63%, France.4.3%, Spain.4.26%, Germany.3.04%, Russia.2.48%, Ireland.2.43%, Italy.2.05%, South Africa.19.34%, Other.
Credit Allocation
has a donut chart divided into 8 ranges. Ranges are: 3.22%, AA.15.44%, A.40.55%, BBB.23.34%, BB.14.09%, B.0.13%, CCC or below.0.42%, Non Rated.2.72%, Cash.
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.