Fund Profile
Key Facts
| Fund Ticker | ZRR |
|---|---|
|
Net Assets (Mn) (Sep 30, 2022) |
$ 115.70 |
| Base Currency | CAD |
| Closing Market Price | $ 15.44 |
| 12-Month Low/High (Market Price) | $ 15.04 / $ 19.53 |
|
Closing NAV Price (Sep 30, 2022) |
$ 15.3632 |
| 12-Month Low/High (Price (NAV)) | $ 15.0102 / $ 19.4545 |
| Weighted Average Term (Years) | - |
| Weighted Average Coupon (%) | 0.00% |
|
Annualized Distribution Yield (Sep 23, 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 |
6.78% |
|
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. Footnote |
3.13% |
| Weighted Average Duration (Years) | 0.00 |
| Maximum Annual Management Fee | 0.25% |
| Management Expense Ratio | 0.28% |
| Market Volume | 29,341 |
| Distribution Frequency | Monthly |
| Options Available | No |
| Inception Date | May 19, 2010 |
| Fiscal Year-End | December 31 |
| Units Outstanding (000's) | 7,531 |
| 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 a semi-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
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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) (Sep 30, 2022) |
$ 115.70 |
|---|---|
| Market Price | $ 15.44 |
| 12-Month Low/High (Market Price) | $ 15.04 / $ 19.53 |
| Price (NAV) | $ 15.3632 |
| 12-Month Low/High (Price (NAV)) | $ 15.0102 / $ 19.4545 |
| Distribution Frequency | Monthly |
Daily Prices
| Unit Price as of (Sep 30, 2022) |
1 Day Change | 1 Day % Change | |
|---|---|---|---|
| Market Price | $ 15.44 | $ 0.16 | 1.05% |
| Price (NAV) | $ 15.3632 | $ -0.0008 | -0.01% |
Performance
Annualized Performance (%) for period ending: Aug 31, 2022
| 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|
| NAV | -11.15% | -6.57% | -2.10% | 1.11% | 0.89% | 2.78% |
| Index | -10.90% | -6.32% | -1.81% | 1.39% | 1.15% | 3.05% |
| Aug 31, 2022 |
Calendar Year Performance (%) for period ending: Aug 31, 2022
| YTD | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| NAV | -15.29% | 1.26% | 12.92% | 7.90% | -0.49% | 0.32% | 2.56% | 2.37% | 13.16% | -12.68% |
| Index | -15.11% | 1.53% | 13.24% | 8.18% | -0.18% | 0.51% | 2.84% | 2.56% | 13.47% | -12.51% |
| Aug 31, 2022 |
Cumulative Performance (%) for period ending: Aug 31, 2022
| YTD | 1 mo | 3 Mo | 6 Mo | 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|---|---|---|---|
| NAV | -15.29% | -4.62% | -0.32% | -8.53% | -11.15% | -12.70% | -6.16% | 5.66% | 9.28% | 40.11% |
| Index | -15.11% | -4.46% | -0.23% | -8.42% | -10.90% | -12.24% | -5.33% | 7.13% | 12.07% | 44.75% |
| Aug 31, 2022 |
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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 |
|---|---|---|---|---|---|---|
| Jan, 2022 | Jan 27, 2022 | Jan 28, 2022 | Feb 02, 2022 | 0.075000 | 0.000000 | 0.075000 |
| Feb, 2022 | Feb 24, 2022 | Feb 25, 2022 | Mar 02, 2022 | 0.075000 | 0.000000 | 0.075000 |
| Mar, 2022 | Mar 29, 2022 | Mar 30, 2022 | Apr 04, 2022 | 0.080000 | 0.000000 | 0.080000 |
| Apr, 2022 | Apr 27, 2022 | Apr 28, 2022 | May 03, 2022 | 0.080000 | 0.000000 | 0.080000 |
| May, 2022 | May 27, 2022 | May 30, 2022 | Jun 03, 2022 | 0.080000 | 0.000000 | 0.080000 |
| Jun, 2022 | Jun 28, 2022 | Jun 29, 2022 | Jul 05, 2022 | 0.080000 | 0.000000 | 0.080000 |
| Jul, 2022 | Jul 27, 2022 | Jul 28, 2022 | Aug 03, 2022 | 0.080000 | 0.000000 | 0.080000 |
| Aug, 2022 | Aug 29, 2022 | Aug 30, 2022 | Sep 02, 2022 | 0.090000 | 0.000000 | 0.090000 |
| Sep, 2022 | Sep 28, 2022 | Sep 29, 2022 | Oct 05, 2022 | 0.090000 | 0.000000 | 0.090000 |
| 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 | - | - | - |
| Year to Date | 0.730000 | 0.000000 | 0.730000 |
| 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 Sep 30, 2022
100.04%
-0.04%
9
$ 115,700,033.00
Download Holdings (Excel)
| Weight (%) | Name | ISIN | Par Value | Currency | Coupon | Maturity | Base Market Value | Sector | Asset Class |
|---|---|---|---|---|---|---|---|---|---|
| 16.84% | CANADIAN GOVERNMENT REAL RETURN BOND 4% 01Dec2031 | CA135087WV25 | 15,629,700 | CAD | 4.00 | 12/01/2031 | 19,481,176 | - | Fixed Income |
| 14.73% | CANADIAN GOVERNMENT REAL RETURN BOND 1.5% 01Dec2044 | CA135087ZH04 | 16,829,110 | CAD | 1.50 | 12/01/2044 | 17,043,638 | - | Fixed Income |
| 14.55% | CANADIAN GOVERNMENT REAL RETURN BOND 3% 01Dec2036 | CA135087XQ21 | 13,946,673 | CAD | 3.00 | 12/01/2036 | 16,834,838 | - | Fixed Income |
| 14.07% | CANADIAN GOVERNMENT REAL RETURN BOND 4.25% 01Dec2026 | CA135087VS05 | 14,472,874 | CAD | 4.25 | 12/01/2026 | 16,277,661 | - | Fixed Income |
| 13.88% | CANADIAN GOVERNMENT REAL RETURN BOND 2% 01Dec2041 | CA135087YK42 | 14,640,647 | CAD | 2.00 | 12/01/2041 | 16,063,960 | - | Fixed Income |
| 13.08% | CANADIAN GOVERNMENT REAL RETURN BOND 1.25% 01Dec2047 | CA135087B949 | 15,722,204 | CAD | 1.25 | 12/01/2047 | 15,127,821 | - | Fixed Income |
| 10.68% | CANADIAN GOVERNMENT REAL RETURN BOND .5% 01Dec2050 | CA135087G997 | 15,631,728 | CAD | 0.50 | 12/01/2050 | 12,359,694 | - | Fixed Income |
| 2.21% | CANADIAN GOVERNMENT RRB .25% 01Dec2054 | CA135087M433 | 3,598,640 | CAD | 0.25 | 12/01/2054 | 2,554,191 | - | Fixed Income |
| -0.04% | CASH | - | 1 | CAD | - | - | -42,956 | - | Cash and Cash Equivalents |
Holdings Breakdown
Sector Allocation
has a donut chart divided into 1 range. The range is: 100%, Canada Real Return Bonds.
Geographic Allocation
has a donut chart divided into 1 range. The range is: 100%, Canada.
Maturity
has a donut chart divided into 6 ranges. Ranges are: 30.16%, 1-10 Years.14.51%, 10-15 Years.13.9%, 15-20 Years.14.77%, 20-25 Years.24.4%, 25-30 Years.2.27%, 30+ Years.
Credit Allocation
has a donut chart divided into 1 range. The range is: 100%, AAA.
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.