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Overview

Fund Profile

Key Facts

Fund Ticker ZQB
Net Assets (Mn)
(Sep 18, 2020)
$ 14.67
Base Currency CAD
Closing Market Price $ 30.92
12-Month Low/High (Market Price) $ 29.10 / $ 30.93
Closing NAV Price
(Sep 18, 2020)
$ 30.8823
12-Month Low/High (Price (NAV)) $ 29.2320 / $ 30.8847
Weighted Average Term (Years) 3.88
Weighted Average Coupon (%) 2.71%
Annualized Distribution Yield
(Sep 11, 2020)

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

2.46%
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.

1.00%
Weighted Average Duration (Years) 3.62
Maximum Annual Management Fee 0.10%
Management Expense Ratio 0.11%

Estimate only. Audited MER is unavailable since the ETF has not yet completed a financial year.

Market Volume 1,391
Distribution Frequency Quarterly
Options Available No
Inception Date Feb 05, 2020
Fiscal Year-End December 31
Units Outstanding (000's) 475
Index FTSE Canada 1-10 year A+ Corporate Bond Index™
Exchange TSX
CUSIP 05589H100
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

BMO High Quality Corporate Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year A+ Corporate Bond Index™, net of expenses. The Fund invests in debt securities with a term to maturity greater than one year and less than ten years. Securities held in the Index are corporate bonds issued domestically in Canada in Canadian dollars, with a rating of A or better.

Benchmark Info

FTSE Canada 1-10 year A+ Corporate Bond Index™ consists of semi-annual pay fixed rate corporate bonds denominated in Canadian dollars, with an effective term to maturity greater than one year and less than ten years with a credit rating of A, AA or AAA, and minimum issue size of $100 million. 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 high quality corporate bonds
  • 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 Details

Fund Total Assets ($Mn)
(Sep 18, 2020)
$ 14.67
Market Price $ 30.92
12-Month Low/High (Market Price) $ 29.10 / $ 30.93
Price (NAV) $ 30.8823
12-Month Low/High (Price (NAV)) $ 29.2320 / $ 30.8847
Distribution Frequency Quarterly

Daily Prices

Unit Price as of
(Sep 18, 2020)
1 Day Change 1 Day % Change
Market Price $ 30.92 $ -0.01 -0.03%
Price (NAV) $ 30.8823 $ -0.0024 -0.01%

Performance

Annualized Performance

Annualized Performance (%) for period ending: -

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV - - - - - -
Index - - - - - -
Calendar Performance

Calendar Year Performance (%) for period ending: -

YTD
NAV -
Index -
Cumulative Performance

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 - - - - - - - - - -
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 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
Mar, 2020 Mar 27, 2020 Mar 30, 2020 Apr 02, 2020 0.190000 0.000000 0.190000
Jun, 2020 Jun 26, 2020 Jun 29, 2020 Jul 06, 2020 0.190000 0.000000 0.190000
Sep, 2020 Sep 28, 2020 Sep 29, 2020 Oct 02, 2020 - - -
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 Sep 18, 2020

Fixed Income

99.93%

Cash and Cash Equivalents

0.07%

Number of Holdings

102

Total Net Assets

$ 14,669,104.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
3.37% BANK OF NOVA SCOTIA/THE 3.1% 02Feb2028 CA064151S959 435,000 CAD 3.10 02/02/2028 494,606 - Fixed Income
3.31% BANK OF NOVA SCOTIA/THE 2.62% 02Dec2026 CA064151QE68 440,000 CAD 2.62 12/02/2026 485,499 - Fixed Income
3.28% BANK OF MONTREAL 2.27% 11Jul2022 CA06367X7W56 465,000 CAD 2.27 07/11/2022 481,452 - Fixed Income
3.14% TORONTO-DOMINION BANK/THE 3.01% 30May2023 CA89117FFK09 430,000 CAD 3.01 05/30/2023 460,913 - Fixed Income
3.10% TORONTO-DOMINION BANK/THE 2.62% 22Dec2021 CA8911452R48 440,000 CAD 2.62 12/22/2021 454,914 - Fixed Income
3.06% MANUFACTURERS LIFE INSURANCE CO/THE 3.18% 22Nov2027 CA564835AL03 425,000 CAD 3.18 11/22/2027 449,090 - Fixed Income
2.96% ROYAL BANK OF CANADA 3.3% 26Sep2023 CA780086QL11 400,000 CAD 3.30 09/26/2023 434,818 - Fixed Income
2.95% CANADIAN IMPERIAL BANK OF COMMERCE 3.29% 15Jan2024 CA1360695D97 400,000 CAD 3.29 01/15/2024 432,289 - Fixed Income
2.91% MANULIFE FINANCIAL CORP 3.05% 20Aug2029 CA56501RAF34 400,000 CAD 3.05 08/20/2029 427,517 - Fixed Income
2.91% TORONTO-DOMINION BANK/THE 2.85% 08Mar2024 CA89117FMA44 400,000 CAD 2.85 03/08/2024 426,412 - Fixed Income
2.90% JOHN DEERE FINANCIAL INC 2.41% 14Jan2025 CA47788ZAG69 400,000 CAD 2.41 01/14/2025 424,900 - Fixed Income
2.89% NATIONAL BANK OF CANADA 2.55% 12Jul2024 CA63306AGD24 400,000 CAD 2.55 07/12/2024 424,319 - Fixed Income
2.86% JOHN DEERE CANADA FUNDING INC 2.7% 17Jan2023 CA47787ZBV37 400,000 CAD 2.70 01/17/2023 419,999 - Fixed Income
2.81% TORONTO-DOMINION BANK/THE 1.99% 23Mar2022 CA891160K519 400,000 CAD 1.99 03/23/2022 412,931 - Fixed Income
2.79% BANK OF NOVA SCOTIA/THE 1.9% 02Dec2021 CA064151PQ08 400,000 CAD 1.90 12/02/2021 409,310 - Fixed Income
2.79% ROYAL BANK OF CANADA 1.97% 02Mar2022 CA780086KD58 400,000 CAD 1.97 03/02/2022 408,882 - Fixed Income
2.50% TOYOTA CREDIT CANADA INC 2.7% 25Jan2023 CA892329BF99 350,000 CAD 2.70 01/25/2023 367,280 - Fixed Income
2.34% GREATER TORONTO AIRPORTS AUTHORITY 2.73% 03Apr2029 CA39191ZBC29 315,000 CAD 2.73 04/03/2029 343,188 - Fixed Income
2.17% ROYAL BANK OF CANADA 2.09% 30Jun2030 CA780086SA38 310,000 CAD 2.09 06/30/2030 318,568 - Fixed Income
2.12% VW CREDIT CANADA INC 2.65% 27Jun2022 CA918423AU81 300,000 CAD 2.65 06/27/2022 310,997 - Fixed Income
1.91% BANK OF MONTREAL 3.19% 01Mar2028 CA06368BTX69 245,000 CAD 3.19 03/01/2028 279,540 - Fixed Income
1.76% CANADIAN IMPERIAL BANK OF COMMERCE 3.3% 26May2025 CA13596Z3Y90 230,000 CAD 3.30 05/26/2025 257,706 - Fixed Income
1.41% BCIMC REALTY CORP 2.84% 03Jun2025 CA07329VAP54 190,000 CAD 2.84 06/03/2025 206,223 - Fixed Income
1.28% TORONTO-DOMINION BANK/THE 3.59% 14Sep2028 CA891160RP02 175,000 CAD 3.59 09/14/2028 187,192 - Fixed Income
1.24% TORONTO-DOMINION BANK/THE 1.91% 18Jul2023 CA891160LV34 175,000 CAD 1.91 07/18/2023 181,670 - Fixed Income
1.18% BROOKFIELD ASSET MANAGEMENT INC 4.82% 28Jan2026 CA11257ZAE93 150,000 CAD 4.82 01/28/2026 173,245 - Fixed Income
1.18% OMERS REALTY CORP 3.36% 05Jun2023 CA68214WAH12 160,000 CAD 3.36 06/05/2023 172,670 - Fixed Income
1.09% ROYAL BANK OF CANADA 2.88% 23Dec2029 CA780086RN67 150,000 CAD 2.88 12/23/2029 159,593 - Fixed Income
1.08% BANK OF MONTREAL 2.37% 03Feb2025 CA06368DCV43 150,000 CAD 2.37 02/03/2025 158,391 - Fixed Income
1.08% ROYAL BANK OF CANADA 2.33% 05Dec2023 CA780086NK64 150,000 CAD 2.33 12/05/2023 158,607 - Fixed Income
1.07% ROYAL BANK OF CANADA 2.36% 05Dec2022 CA780086PX67 150,000 CAD 2.36 12/05/2022 156,805 - Fixed Income
1.07% CANADIAN IMPERIAL BANK 2% 17Apr2025 CA13607GPJ71 150,000 CAD 2.00 04/17/2025 156,693 - Fixed Income
0.96% ENBRIDGE GAS INC 2.9% 01Apr2030 CA29260ZAC01 125,000 CAD 2.90 04/01/2030 141,212 - Fixed Income
0.95% BANK OF MONTREAL 2.7% 11Sep2024 CA06368AAD24 130,000 CAD 2.70 09/11/2024 139,551 - Fixed Income
0.93% OMERS REALTY CORP 3.24% 04Oct2027 CA68214WAQ11 120,000 CAD 3.24 10/04/2027 136,913 - Fixed Income
0.91% CARDS II TRUST 2.43% 15Nov2024 CA14161ZCY21 126,000 CAD 2.43 11/15/2024 134,175 - Fixed Income
0.91% HSBC BANK CANADA 3.25% 15Sep2023 CA40427HTD57 125,000 CAD 3.25 09/15/2023 133,458 - Fixed Income
0.90% ALTALINK LP 3.67% 06Nov2023 CA02135ZAL00 120,000 CAD 3.67 11/06/2023 132,730 - Fixed Income
0.90% ENBRIDGE GAS INC 2.37% 09Aug2029 CA29260ZAA45 123,000 CAD 2.37 08/09/2029 132,626 - Fixed Income
0.89% AIMCO REALTY INVESTORS LP 2.71% 01Jun2029 CA00889YAD37 120,000 CAD 2.71 06/01/2029 130,781 - Fixed Income
0.89% HYDRO ONE INC 2.77% 24Feb2026 CA44810ZBR07 120,000 CAD 2.77 02/24/2026 130,844 - Fixed Income
0.89% BANK OF MONTREAL 2.28% 29Jul2024 CA06368B5B08 125,000 CAD 2.28 07/29/2024 131,284 - Fixed Income
0.88% HYDRO ONE INC 2.54% 05Apr2024 CA44810ZBY57 120,000 CAD 2.54 04/05/2024 128,562 - Fixed Income
0.87% BANK OF MONTREAL 2.7% 09Dec2026 CA06368AAA84 115,000 CAD 2.70 12/09/2026 127,428 - Fixed Income
0.86% GLACIER CREDIT CARD TRUST 2.28% 06Jun2024 CA37638ZBN39 120,000 CAD 2.28 06/06/2024 125,625 - Fixed Income
0.75% BANK OF NOVA SCOTIA/THE 2.36% 08Nov2022 CA064151F246 105,000 CAD 2.36 11/08/2022 109,820 - Fixed Income
0.75% CANADIAN IMPERIAL BANK OF COMMERCE 2.47% 05Dec2022 CA13596ZE680 105,000 CAD 2.47 12/05/2022 110,055 - Fixed Income
0.74% NATIONAL BANK OF CANADA 1.96% 30Jun2022 CA6330674V23 105,000 CAD 1.96 06/30/2022 108,087 - Fixed Income
0.71% ROYAL BANK OF CANADA 1.94% 01May2025 CA780086RZ97 100,000 CAD 1.94 05/01/2025 104,435 - Fixed Income
0.69% ROYAL BANK OF CANADA 2.33% 28Jan2027 CA780086RQ98 95,000 CAD 2.33 01/28/2027 101,335 - Fixed Income
0.69% CANADIAN NATIONAL RAILWAY CO 3% 08Feb2029 CA136375CS98 90,000 CAD 3.00 02/08/2029 100,972 - Fixed Income
0.68% ONTARIO POWER GENERATION INC 2.98% 13Sep2029 CA68321ZAD39 90,000 CAD 2.98 09/13/2029 99,872 - Fixed Income
0.67% HSBC BANK CANADA 2.91% 29Sep2021 CA40427HSU81 95,000 CAD 2.91 09/29/2021 98,644 - Fixed Income
0.61% ENBRIDGE GAS INC 3.31% 11Sep2025 CA29290ZAQ33 80,000 CAD 3.31 09/11/2025 88,775 - Fixed Income
0.60% HYDRO ONE INC 3.2% 13Jan2022 CA44810ZBF68 85,000 CAD 3.20 01/13/2022 88,471 - Fixed Income
0.60% BANK OF MONTREAL 4.61% 10Sep2025 CA063679EC44 75,000 CAD 4.61 09/10/2025 88,463 - Fixed Income
0.59% ENBRIDGE GAS INC 3.79% 10Jul2023 CA90664ZAV28 80,000 CAD 3.79 07/10/2023 86,764 - Fixed Income
0.57% FORTIFIED TRUST 2.34% 23Jan2023 CA34960VAN88 80,000 CAD 2.34 01/23/2023 83,024 - Fixed Income
0.49% JOHN DEERE FINANCIAL INC 2.99% 14Jan2022 CA47788ZAB72 70,000 CAD 2.99 01/14/2022 72,588 - Fixed Income
0.47% TORONTO-DOMINION BANK/THE 2.5% 02Dec2024 CA89117FNR69 65,000 CAD 2.50 12/02/2024 69,352 - Fixed Income
0.38% OMERS REALTY CORP 1.3% 22Sep2023 CA68214WAT59 55,000 CAD 1.30 09/22/2023 55,674 - Fixed Income
0.34% VANCOUVER ARPT FUELS FAC 2.17% 23Jun2025 CA921567AC75 50,000 CAD 2.17 06/23/2025 50,499 - Fixed Income
0.34% ALTALINK LP 3.4% 06Jun2024 CA02135ZAM82 45,000 CAD 3.40 06/06/2024 49,549 - Fixed Income
0.32% HSBC BANK CANADA 2.25% 15Sep2022 CA40427HTG88 45,000 CAD 2.25 09/15/2022 46,319 - Fixed Income
0.32% ROYAL BANK OF CANADA 2.35% 02Jul2024 CA780086QY32 45,000 CAD 2.35 07/02/2024 47,475 - Fixed Income
0.29% BMW CANADA INC 2.41% 27Nov2023 CA05590HAY32 40,000 CAD 2.41 11/27/2023 42,032 - Fixed Income
0.28% HYDRO ONE INC 2.16% 28Feb2030 CA44810ZCC29 39,000 CAD 2.16 02/28/2030 41,360 - Fixed Income
0.28% HYDRO ONE INC 1.76% 28Feb2025 CA44810ZCB46 39,000 CAD 1.76 02/28/2025 40,490 - Fixed Income
0.28% TORONTO-DOMINION BANK/THE 1.94% 13Mar2025 CA89117FVY29 40,000 CAD 1.94 03/13/2025 41,534 - Fixed Income
0.19% BROOKFIELD ASSET MANAGEMENT INC 5.04% 08Mar2024 CA11257ZAD11 25,000 CAD 5.04 03/08/2024 27,881 - Fixed Income
0.19% TORONTO-DOMINION BANK/THE 3.23% 24Jul2024 CA891145T792 25,000 CAD 3.23 07/24/2024 27,420 - Fixed Income
0.19% 407 INTERNATIONAL INC 3.14% 06Mar2030 CA35085ZBT27 25,000 CAD 3.14 03/06/2030 28,395 - Fixed Income
0.18% HONDA CANADA FINANCE INC 2.54% 01Mar2023 CA438121AN50 25,000 CAD 2.54 03/01/2023 26,022 - Fixed Income
0.18% INDUSTRIAL ALLIANCE INSURANCE & FINANCIAL SERVICES INC 3.3% 15Sep2028 CA455870AD75 25,000 CAD 3.30 09/15/2028 26,503 - Fixed Income
0.18% ROYAL BANK OF CANADA 2.61% 01Nov2024 CA780086RF34 25,000 CAD 2.61 11/01/2024 26,806 - Fixed Income
0.18% ROYAL BANK OF CANADA 2.74% 25Jul2029 CA780086RA47 25,000 CAD 2.74 07/25/2029 26,348 - Fixed Income
0.18% TORONTO-DOMINION BANK/THE 3.22% 25Jul2029 CA891160QY28 25,000 CAD 3.22 07/25/2029 26,853 - Fixed Income
0.16% HONDA CANADA FINANCE INC 1.34% 17Mar2026 CA438121AX33 24,000 CAD 1.34 03/17/2026 24,040 - Fixed Income
0.14% FEDERATION DES CAISSES DESJARDINS DU QUEBEC 2.09% 17Jan2022 CA31430WAA23 20,000 CAD 2.09 01/17/2022 20,492 - Fixed Income
0.14% IVANHOE CAMBRIDGE II INC 2.91% 27Jun2023 CA46578WAA23 20,000 CAD 2.91 06/27/2023 21,223 - Fixed Income
0.12% TOYOTA CREDIT CANADA INC 2.11% 26Feb2025 CA892329BK84 17,000 CAD 2.11 02/26/2025 17,767 - Fixed Income
0.12% BCI QUADREAL REALTY 1.75% 24Jul2030 CA05554PAA18 18,000 CAD 1.75 07/24/2030 18,149 - Fixed Income
0.11% BANK OF MONTREAL 2.89% 20Jun2023 CA06368BJ907 15,000 CAD 2.89 06/20/2023 16,014 - Fixed Income
0.11% CENTRAL 1 CREDIT UNION 2.58% 06Dec2023 CA154728AQ24 15,000 CAD 2.58 12/06/2023 15,615 - Fixed Income
0.10% ALTALINK LP 1.51% 11Sep2030 CA021374AC77 14,000 CAD 1.51 09/11/2030 14,059 - Fixed Income
0.08% GLACIER CREDIT CARD TRUST 1.39% 22Sep2025 CA37638ZBQ69 12,000 CAD 1.39 09/22/2025 12,033 - Fixed Income
0.08% VANCOUVER AIRPORT AUTHOR 1.76% 20Sep2030 CA92157WAD98 12,000 CAD 1.76 09/20/2030 12,028 - Fixed Income
0.07% CATERPILLAR FINANCIAL SERVICES LTD 2.09% 12Sep2022 CA14913LAA85 10,000 CAD 2.09 09/12/2022 10,283 - Fixed Income
0.07% FEDERATION DES CAISSES DESJARDINS DU QUEBEC 2.42% 04Oct2024 CA31430WCG74 10,000 CAD 2.42 10/04/2024 10,632 - Fixed Income
0.07% MANULIFE BANK OF CANADA 2.84% 12Jan2023 CA565018DA33 10,000 CAD 2.84 01/12/2023 10,529 - Fixed Income
0.07% JOHN DEERE FINANCIAL INC 1.34% 08Sep2027 CA47788ZAH43 10,000 CAD 1.34 09/08/2027 10,038 - Fixed Income
0.06% GREAT-WEST LIFECO INC 3.34% 28Feb2028 CA39138CAH93 8,000 CAD 3.34 02/28/2028 9,101 - Fixed Income
0.05% GREAT-WEST LIFECO INC 2.38% 14May2030 CA39138CAK23 7,000 CAD 2.38 05/14/2030 7,485 - Fixed Income
0.04% CANADIAN NATIONAL RAILWAY CO 2.8% 22Sep2025 CA136375CF77 5,000 CAD 2.80 09/22/2025 5,428 - Fixed Income
0.04% HONDA CANADA FINANCE INC 3.44% 23May2025 CA438121AS48 5,000 CAD 3.44 05/23/2025 5,568 - Fixed Income
0.03% ENBRIDGE GAS INC 2.5% 05Aug2026 CA29290ZAR16 4,000 CAD 2.50 08/05/2026 4,326 - Fixed Income
0.02% CENTRAL 1 CREDIT UNION 2.6% 07Nov2022 CA154728AN92 3,000 CAD 2.60 11/07/2022 3,109 - Fixed Income
0.02% NAV CANADA 2.06% 29May2030 CA628957AG70 3,000 CAD 2.06 05/29/2030 3,134 - Fixed Income
0.01% BCI QUADREAL REALTY 1.68% 03Mar2025 CA05554PAB90 2,000 CAD 1.68 03/03/2025 2,051 - Fixed Income
0.01% ENERGIR INC 2.1% 16Apr2027 CA29279YAA60 1,000 CAD 2.10 04/16/2027 1,067 - Fixed Income
0.01% TMX GROUP LTD 3% 11Dec2024 CA87262KAD78 1,000 CAD 3.00 12/11/2024 1,083 - Fixed Income
0.07% CASH - 1 CAD - - 10,627 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Maturity

Credit Allocation

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