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Overview

Fund Profile

Key Facts

Fund Ticker ZRR
Net Assets (Mn)
(Sep 18, 2019)
$ 73.37
Base Currency CAD
Closing Market Price $ 18.17
12-Month Low/High (Market Price) $ 16.61 / $ 18.70
Closing NAV Price
(Sep 18, 2019)
$ 18.1158
12-Month Low/High (Price (NAV)) $ 16.6398 / $ 18.8361
Weighted Average Term (Years) 17.72
Weighted Average Coupon (%) 2.71%
Annualized Distribution Yield
(Sep 13, 2019)

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

2.35%
Yield to Maturity with Inflation Assumption (%)

Yield to Maturity with inflation assumption includes the real yield to maturity plus the inflation assumption to equal the equivalent Canadian Federal bond exposure.

1.33%
Weighted Average Duration (Years) 15.17
Maximum Annual Management Fee 0.25%
Management Expense Ratio 0.27%
Market Volume 2,934
Distribution Frequency Monthly
Options Available No
Inception Date May 19, 2010
Fiscal Year-End December 31
Units Outstanding (000's) 4,050
Index FTSE Canada Real Return Non-Agency Bond Index
Exchange TSX
CUSIP 05571V109
Eligibility RRSP/RRIF/RESP/DPSP/TFSA

Portfolio Strategy

The BMO Real Return Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE Canada Real Return Non-Agency Bond IndexTM, net of expenses. The Fund invests in asemi-annual pay real return bonds denominated in Canadian dollars with a termto maturity greater than one year. Securities held in the Index are generally issued or guaranteed by the Government of Canada. 

Benchmark Info

The FTSE Canada Real Return Non-Agency Bond IndexTM consists of semi-annual pay real return bonds denominated in Canadian dollars, with an effective term to maturity greater than one year. The Index consists of bonds issued by the Government of Canada (excluding both agency/crown corporations and supranational entities). Each Constituent Security in the FTSE Canada Real Return Non-Agency Bond IndexTM is weighted by its relative market capitalization and is re-balanced on a daily basis.

Fund Benefits

  • Designed for investors looking for inflation protected income
  • Invested in a diversified portfolio of real return federal bonds 
  • Includes bonds with greater than one year 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)
(Sep 18, 2019)
$ 73.37
Market Price $ 18.17
12-Month Low/High (Market Price) $ 16.61 / $ 18.70
Price (NAV) $ 18.1158
12-Month Low/High (Price (NAV)) $ 16.6398 / $ 18.8361
Distribution Frequency Monthly

Daily Prices

Unit Price as of
(Sep 18, 2019)
1 Day Change 1 Day % Change
Market Price $ 18.17 $ 0.13 0.72%
Price (NAV) $ 18.1158 $ 0.0660 0.37%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Aug 30, 2019

1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 8.19% 6.11% 1.97% 2.94% - 4.41%
Index 8.51% 6.38% 2.21% 3.20% - 4.68%
Calendar Performance

Calendar Year Performance (%) for period ending: Aug 30, 2019

YTD 2018 2017 2016 2015 2014 2013 2012 2011 2010
NAV 11.36% -0.49% 0.32% 2.56% 2.37% 13.16% -12.68% 2.69% 17.84% 6.99%
Index 11.50% -0.18% 0.51% 2.84% 2.56% 13.47% -12.51% 3.01% 18.25% 7.16%
Cumulative Performance

Cumulative Performance (%) for period ending: Aug 30, 2019

YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 11.36% 1.88% 3.62% 10.21% 8.19% 12.59% 6.03% 15.61% - 49.30%
Index 11.50% 1.86% 3.71% 10.35% 8.51% 13.16% 6.78% 17.07% - 52.89%

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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
Jan, 2019 Jan 29, 2019 Jan 30, 2019 Feb 04, 2019 0.035000 0.000000 0.035000
Feb, 2019 Feb 26, 2019 Feb 27, 2019 Mar 04, 2019 0.035000 0.000000 0.035000
Mar, 2019 Mar 27, 2019 Mar 28, 2019 Apr 02, 2019 0.035000 0.000000 0.035000
Apr, 2019 Apr 26, 2019 Apr 29, 2019 May 02, 2019 0.035000 0.000000 0.035000
May, 2019 May 29, 2019 May 30, 2019 Jun 04, 2019 0.035000 0.000000 0.035000
Jun, 2019 Jun 26, 2019 Jun 27, 2019 Jul 03, 2019 0.035000 0.000000 0.035000
Jul, 2019 Jul 29, 2019 Jul 30, 2019 Aug 02, 2019 0.035000 0.000000 0.035000
Aug, 2019 Aug 28, 2019 Aug 29, 2019 Sep 04, 2019 0.035000 0.000000 0.035000
Sep, 2019 Sep 26, 2019 Sep 27, 2019 Oct 02, 2019 - - -
Oct, 2019 Oct 29, 2019 Oct 30, 2019 Nov 04, 2019 - - -
Nov, 2019 Nov 27, 2019 Nov 28, 2019 Dec 03, 2019 - - -
Dec, 2019 Dec 27, 2019 Dec 30, 2019 Jan 03, 2020 - - -
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, 2019

Fixed Income

100.05%

Cash and Cash Equivalents

-0.05%

Number of Holdings

9

Total Net Assets

$ 73,369,031.00


Download Holdings (Excel)
No column selected.
Weight (%) Name ISIN Par Value Currency Coupon Maturity Base Market Value Sector Asset Class
15.27% CANADIAN GOVERNMENT REAL RETURN BOND 4% 01Dec2031 CA135087WV25 7,680,919 CAD 4.00 12/01/2031 11,205,692 - Fixed Income
14.28% CANADIAN GOVERNMENT REAL RETURN BOND 1.5% 01Dec2044 CA135087ZH04 8,138,352 CAD 1.50 12/01/2044 10,474,960 - Fixed Income
13.80% CANADIAN GOVERNMENT REAL RETURN BOND 3% 01Dec2036 CA135087XQ21 6,933,302 CAD 3.00 12/01/2036 10,128,065 - Fixed Income
13.41% CANADIAN GOVERNMENT REAL RETURN BOND 2% 01Dec2041 CA135087YK42 7,213,477 CAD 2.00 12/01/2041 9,840,924 - Fixed Income
13.06% CANADIAN GOVERNMENT REAL RETURN BOND 1.25% 01Dec2047 CA135087B949 7,598,581 CAD 1.25 12/01/2047 9,579,318 - Fixed Income
12.73% CANADIAN GOVERNMENT REAL RETURN BOND 4.25% 01Dec2026 CA135087VS05 7,180,838 CAD 4.25 12/01/2026 9,342,482 - Fixed Income
10.75% CANADIAN GOVERNMENT REAL RETURN BOND 4.25% 01Dec2021 CA135087UL60 7,181,411 CAD 4.25 12/01/2021 7,885,357 - Fixed Income
6.74% CANADIAN GOVERNMENT REAL RETURN BOND .5% 01Dec2050 CA135087G997 4,622,051 CAD 0.50 12/01/2050 4,946,003 - Fixed Income
-0.05% CASH - 1 CAD - - -33,754 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

Geographic Allocation

Maturity

Credit Allocation

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