Overview
Price & Performance
Tax & Distributions
Download Distribution History (Excel)
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(Excel)
Holdings & Allocations
Download Holdings (Excel)
Fund Profile
Key Facts
| Fund Ticker | ZST.L |
|---|---|
| Net Assets (Mn) (Feb 14, 2020) |
$ 434.47 |
| Base Currency | CAD |
| Closing Market Price | $ 52.98 |
| 12-Month Low/High (Market Price) | $ 51.77 / $ 52.98 |
| Closing NAV Price (Feb 14, 2020) |
$ 52.9912 |
| 12-Month Low/High (Price (NAV)) | $ 51.7925 / $ 52.9912 |
| Weighted Average Term (Years) | 0.54 |
| Weighted Average Coupon (%) | 2.71% |
| Annualized Distribution Yield (Feb 07, 2020) Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV. |
0.00% |
| 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. |
1.96% |
| Weighted Average Duration (Years) | 0.52 |
| Maximum Annual Management Fee | 0.15% |
| Management Expense Ratio | 0.17% |
| Market Volume | 145,468 |
| Distribution Frequency | Annually |
| Options Available | No |
| Inception Date | Feb 09, 2017 |
| Fiscal Year-End | December 31 |
| Units Outstanding (000's) | 8,199 |
| Index | - |
| Exchange | TSX |
| CUSIP | 05579A305 |
| Eligibility | RRSP/RRIF/RESP/DPSP/TFSA |
Portfolio Strategy
BMO Ultra Short-Term Bond ETF has been designed to provide exposure to a diversified mix of short-term fixed income asset classes with a term to maturity of less than one year or reset dates within one year. The Fund currently invests in investment grade corporate bonds, and has the ability to add exposure to government bonds, high yield bonds, floating rate notes, and preferred shares. The portfolio is rebalanced based on the portfolio manager’s fundamental analysis, relative strength indicators, and risk adjusted yield expectations.
Fund Benefits
- Designed for investors looking for accumulating defensive income
- Invested in a diversified portfolio of federal, provincial, corporate bonds, and preferred shares
- Includes bonds with less than one year to maturity
- Professionally managed by BMO Global Asset ManagementÂ
Risk Rating
- Low
- Low to Medium
- Medium
- Medium to High
- High
Download
Performance Chart
Growth of 10,000
Performance Details
| Fund Total Assets ($Mn) (Feb 14, 2020) |
$ 434.47 |
|---|---|
| Market Price | $ 52.98 |
| 12-Month Low/High (Market Price) | $ 51.77 / $ 52.98 |
| Price (NAV) | $ 52.9912 |
| 12-Month Low/High (Price (NAV)) | $ 51.7925 / $ 52.9912 |
| Distribution Frequency | Annually |
Daily Prices
| Unit Price as of (Feb 14, 2020) |
1 Day Change | 1 Day % Change | |
|---|---|---|---|
| Market Price | $ 52.98 | - | - |
| Price (NAV) | $ 52.9912 | $ 0.0064 | 0.01% |
Performance
Annualized Performance
Calendar Performance
Cumulative Performance
Annualized Performance (%) for period ending: Jan 31, 2020
| 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|
| NAV | 2.35% | 2.28% | - | - | - | - |
| Index | - | - | - | - | - | - |
| Jan 31, 2020 |
Calendar Year Performance (%) for period ending: Jan 31, 2020
| YTD | 2019 | 2018 | 2017 | |
|---|---|---|---|---|
| NAV | 0.24% | 2.42% | 2.00% | - |
| Index | - | - | - | - |
| Jan 31, 2020 |
Cumulative Performance (%) for period ending: Jan 31, 2020
| YTD | 1 mo | 3 Mo | 6 Mo | 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|---|---|---|---|
| NAV | 0.24% | 0.24% | 0.55% | 1.08% | 2.35% | 4.60% | - | - | - | - |
| Index | - | - | - | - | - | - | - | - | - | - |
| Jan 31, 2020 |
Download
Distribution History
| 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 |
|---|---|---|---|---|---|---|
| Dec, 2020 | Dec 29, 2020 | Dec 30, 2020 | Jan 05, 2021 | - | - | - |
| Year to Date | 0.000000 | 0.000000 | 0.000000 |
| 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. |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - |
Download
Daily Holdings
As of Feb 13, 2020
Fixed Income
100.03%
Cash and Cash Equivalents
-0.03%
Number of Holdings
72
Total Net Assets
$ 434,474,439.00
Download Holdings (Excel)
| Weight (%) | Name | ISIN | Par Value | Currency | Coupon | Maturity | Base Market Value | Sector | Asset Class |
|---|---|---|---|---|---|---|---|---|---|
| 4.97% | CANADIAN IMPERIAL BANK OF COMMERCE 3.42% 26Jan2026 | CA136069LY58 | 43,900,000 | CAD | 3.42 | 01/26/2026 | 44,537,721 | - | Fixed Income |
| 4.37% | GENERAL MOTORS FINANCIAL OF CANADA LTD 3.08% 22May2020 | CA37045YAB08 | 38,733,000 | CAD | 3.08 | 05/22/2020 | 39,122,121 | - | Fixed Income |
| 3.65% | TORONTO-DOMINION BANK/THE 2.98% 30Sep2025 | CA8911455X88 | 32,160,000 | CAD | 2.98 | 09/30/2025 | 32,713,853 | - | Fixed Income |
| 3.47% | NISSAN CANADA FINANCIAL SERVICES INC 1.75% 09Apr2020 | CA65478FAC64 | 30,908,000 | CAD | 1.75 | 04/09/2020 | 31,094,603 | - | Fixed Income |
| 3.28% | BANK OF MONTREAL 2.1% 06Oct2020 | CA06367XKF73 | 29,136,000 | CAD | 2.10 | 10/06/2020 | 29,406,971 | - | Fixed Income |
| 3.25% | BANK OF NOVA SCOTIA/THE 3.27% 11Jan2021 | CA0641492L05 | 28,662,000 | CAD | 3.27 | 01/11/2021 | 29,116,944 | - | Fixed Income |
| 3.15% | HSBC BANK CANADA 2.45% 29Jan2021 | CA40427HSY04 | 28,037,000 | CAD | 2.45 | 01/29/2021 | 28,214,237 | - | Fixed Income |
| 3.09% | RIOCAN REAL ESTATE INVESTMENT TRUST 2.19% 26Aug2020 | CA766910BA04 | 27,375,000 | CAD | 2.19 | 08/26/2020 | 27,681,344 | - | Fixed Income |
| 3.08% | SUN LIFE FINANCIAL INC 2.6% 25Sep2025 | CA86682ZAG15 | 27,191,800 | CAD | 2.60 | 09/25/2025 | 27,562,947 | - | Fixed Income |
| 2.89% | FORD CREDIT CANADA CO 2.45% 07May2020 | CA34527ABL31 | 25,665,000 | CAD | 2.45 | 05/07/2020 | 25,848,947 | - | Fixed Income |
| 2.76% | FORD CREDIT CANADA CO 2.92% 16Sep2020 | CA34527ABN96 | 24,391,000 | CAD | 2.92 | 09/16/2020 | 24,757,103 | - | Fixed Income |
| 2.75% | NISSAN CANADA INC 2.42% 19Oct2020 | CA65478FAD48 | 24,377,000 | CAD | 2.42 | 10/19/2020 | 24,628,510 | - | Fixed Income |
| 2.70% | CANADIAN NATURAL RESOURCES LTD 2.89% 14Aug2020 | CA13638ZCE30 | 24,070,000 | CAD | 2.89 | 08/14/2020 | 24,175,677 | - | Fixed Income |
| 2.58% | ROYAL BANK OF CANADA 3.31% 20Jan2026 | CA780086LZ51 | 22,810,500 | CAD | 3.31 | 01/20/2026 | 23,125,108 | - | Fixed Income |
| 2.49% | MANUFACTURERS LIFE INSURANCE CO/THE 2.1% 01Jun2025 | CA564835AJ56 | 22,169,000 | CAD | 2.10 | 06/01/2025 | 22,269,341 | - | Fixed Income |
| 2.36% | BANK OF MONTREAL 2.84% 04Jun2020 | CA06367VCT04 | 20,938,000 | CAD | 2.84 | 06/04/2020 | 21,122,208 | - | Fixed Income |
| 2.22% | FORTIFIED TRUST 2.16% 23Oct2020 | CA34960VAG38 | 19,751,000 | CAD | 2.16 | 10/23/2020 | 19,923,293 | - | Fixed Income |
| 2.22% | TORONTO-DOMINION BANK/THE 2.69% 24Jun2025 | CA8911454X97 | 19,810,000 | CAD | 2.69 | 06/24/2025 | 19,934,896 | - | Fixed Income |
| 2.20% | CANADIAN NATURAL RESOURCES LTD 2.05% 01Jun2020 | CA13638ZDB81 | 19,649,000 | CAD | 2.05 | 06/01/2020 | 19,735,820 | - | Fixed Income |
| 2.20% | CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST 2.3% 14Sep2020 | CA17039AAE60 | 19,473,000 | CAD | 2.30 | 09/14/2020 | 19,693,015 | - | Fixed Income |
| 2.07% | MANUFACTURERS LIFE INSURANCE CO/THE 2.39% 05Jan2026 | CA564835AK20 | 18,475,000 | CAD | 2.39 | 01/05/2026 | 18,579,143 | - | Fixed Income |
| 1.98% | CARDS II TRUST 2.16% 15Oct2020 | CA14161ZCE66 | 17,547,000 | CAD | 2.16 | 10/15/2020 | 17,708,791 | - | Fixed Income |
| 1.95% | BMW CANADA INC 1.78% 19Oct2020 | CA05590HAR80 | 17,385,000 | CAD | 1.78 | 10/19/2020 | 17,475,889 | - | Fixed Income |
| 1.95% | HSBC BANK CANADA 1.82% 07Jul2020 | CA40427HSW48 | 17,403,000 | CAD | 1.82 | 07/07/2020 | 17,435,387 | - | Fixed Income |
| 1.94% | ROYAL BANK OF CANADA 2.48% 04Jun2025 | CA780086KR45 | 17,275,000 | CAD | 2.48 | 06/04/2025 | 17,384,913 | - | Fixed Income |
| 1.84% | GLACIER CREDIT CARD TRUST 2.24% 20Sep2020 | CA37638ZBG87 | 16,334,000 | CAD | 2.24 | 09/20/2020 | 16,513,370 | - | Fixed Income |
| 1.57% | TORONTO-DOMINION BANK/THE 2.56% 24Jun2020 | CA891145S471 | 13,977,000 | CAD | 2.56 | 06/24/2020 | 14,067,178 | - | Fixed Income |
| 1.49% | WELLS FARGO CANADA CORP 3.04% 29Jan2021 | CA94975ZBU99 | 13,216,000 | CAD | 3.04 | 01/29/2021 | 13,375,267 | - | Fixed Income |
| 1.26% | VW CREDIT CANADA INC 2.15% 24Jun2020 | CA918423AN49 | 11,255,000 | CAD | 2.15 | 06/24/2020 | 11,295,219 | - | Fixed Income |
| 1.20% | JOHN DEERE CANADA FUNDING INC 2.05% 17Sep2020 | CA47787ZAX02 | 10,634,000 | CAD | 2.05 | 09/17/2020 | 10,737,164 | - | Fixed Income |
| 1.18% | FIRST CAPITAL REAL ESTATE INVESTMENT TRUST 5.6% 30Apr2020 | CA31943BBF63 | 10,285,000 | CAD | 5.60 | 04/30/2020 | 10,530,161 | - | Fixed Income |
| 1.16% | FIRST NATIONAL FINANCIAL CORP 4.01% 09Apr2020 | CA33564PAB90 | 10,220,000 | CAD | 4.01 | 04/09/2020 | 10,392,289 | - | Fixed Income |
| 1.12% | TORONTO-DOMINION BANK/THE 1.69% 02Apr2020 | CA8911454A94 | 10,010,000 | CAD | 1.69 | 04/02/2020 | 10,072,871 | - | Fixed Income |
| 1.06% | CAPITAL DESJARDINS INC 5.19% 05May2020 | CA14006ZAD92 | 9,287,000 | CAD | 5.19 | 05/05/2020 | 9,489,493 | - | Fixed Income |
| 1.06% | EAGLE CREDIT CARD TRUST 2.15% 17Sep2020 | CA26948ZAL63 | 9,425,000 | CAD | 2.15 | 09/17/2020 | 9,522,461 | - | Fixed Income |
| 1.01% | PENSKE TRUCK LEASING CANADA INC 2.95% 12Jun2020 | CA70960AAB40 | 8,984,000 | CAD | 2.95 | 06/12/2020 | 9,058,023 | - | Fixed Income |
| 0.99% | OMERS REALTY CORP 3.2% 24Jul2020 | CA68214WAJ77 | 8,771,000 | CAD | 3.20 | 07/24/2020 | 8,839,666 | - | Fixed Income |
| 0.98% | GENESIS TRUST II 1.7% 15Apr2020 | CA37185ZAG69 | 8,720,000 | CAD | 1.70 | 04/15/2020 | 8,768,986 | - | Fixed Income |
| 0.96% | BANK OF NOVA SCOTIA/THE 3.37% 08Dec2025 | CA064151GC13 | 8,498,000 | CAD | 3.37 | 12/08/2025 | 8,640,247 | - | Fixed Income |
| 0.94% | DAIMLER CANADA FINANCE INC 1.57% 25May2020 | CA23384NBA42 | 8,430,000 | CAD | 1.57 | 05/25/2020 | 8,451,960 | - | Fixed Income |
| 0.89% | CATERPILLAR FINANCIAL SERVICES LTD 1.5% 08Jun2020 | CA14911ZAS08 | 8,000,000 | CAD | 1.50 | 06/08/2020 | 8,014,559 | - | Fixed Income |
| 0.88% | WESTCOAST ENERGY INC 4.57% 02Jul2020 | CA95751ZAL72 | 7,745,000 | CAD | 4.57 | 07/02/2020 | 7,863,575 | - | Fixed Income |
| 0.85% | CANADIAN IMPERIAL BANK OF COMMERCE 1.85% 14Jul2020 | CA13595ZZ661 | 7,575,000 | CAD | 1.85 | 07/14/2020 | 7,588,877 | - | Fixed Income |
| 0.85% | INTER PIPELINE LTD 3.45% 20Jul2020 | CA45834ZAD11 | 7,514,500 | CAD | 3.45 | 07/20/2020 | 7,579,256 | - | Fixed Income |
| 0.80% | CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST 3.5% 08Feb2021 | CA17039AAC05 | 7,021,000 | CAD | 3.50 | 02/08/2021 | 7,126,102 | - | Fixed Income |
| 0.77% | BANK OF MONTREAL 3.34% 08Dec2025 | CA06369ZBT09 | 6,781,000 | CAD | 3.34 | 12/08/2025 | 6,892,715 | - | Fixed Income |
| 0.76% | ENBRIDGE PIPELINES INC 4.45% 06Apr2020 | CA29250ZAL28 | 6,649,000 | CAD | 4.45 | 04/06/2020 | 6,779,678 | - | Fixed Income |
| 0.62% | TELUS CORP 3.6% 26Jan2021 | CA87971MAT05 | 5,477,000 | CAD | 3.60 | 01/26/2021 | 5,569,996 | - | Fixed Income |
| 0.59% | CANADIAN WESTERN BANK 2.75% 29Jun2020 | CA136765AV69 | 5,245,000 | CAD | 2.75 | 06/29/2020 | 5,281,166 | - | Fixed Income |
| 0.56% | LOBLAW COS LTD 5.22% 18Jun2020 | CA53947ZBT36 | 4,893,000 | CAD | 5.22 | 06/18/2020 | 4,987,363 | - | Fixed Income |
| 0.55% | TOYOTA CREDIT CANADA INC 2.05% 20May2020 | CA892329AT03 | 4,907,000 | CAD | 2.05 | 05/20/2020 | 4,934,106 | - | Fixed Income |
| 0.43% | FORD FLOORPLAN AUTO SECURITIZATION TRUST 2.2% 15Jul2020 | CA34528TBD96 | 3,800,000 | CAD | 2.20 | 07/15/2020 | 3,809,366 | - | Fixed Income |
| 0.38% | ALTALINK INVESTMENTS LP 3.27% 05Jun2020 | CA02137PAD83 | 3,396,000 | CAD | 3.27 | 06/05/2020 | 3,421,142 | - | Fixed Income |
| 0.37% | RIOCAN REAL ESTATE INVESTMENT TRUST 3.62% 01Jun2020 | CA766910AX16 | 3,250,000 | CAD | 3.62 | 06/01/2020 | 3,289,837 | - | Fixed Income |
| 0.36% | HYDRO ONE INC 4.4% 01Jun2020 | CA44810ZBA71 | 3,197,000 | CAD | 4.40 | 06/01/2020 | 3,250,237 | - | Fixed Income |
| 0.33% | GENWORTH MI CANADA INC 5.68% 15Jun2020 | CA37252BAA04 | 2,907,000 | CAD | 5.68 | 06/15/2020 | 2,968,571 | - | Fixed Income |
| 0.30% | DAIMLER CANADA FINANCE INC 2.3% 23Nov2020 | CA23384NBD80 | 2,685,000 | CAD | 2.30 | 11/23/2020 | 2,705,309 | - | Fixed Income |
| 0.29% | ROYAL BANK OF CANADA 1.92% 17Jul2020 | CA780086KY95 | 2,575,000 | CAD | 1.92 | 07/17/2020 | 2,580,253 | - | Fixed Income |
| 0.24% | CANADIAN TIRE CORP LTD 2.65% 06Jul2020 | CA13668ZAW82 | 2,100,000 | CAD | 2.65 | 07/06/2020 | 2,111,300 | - | Fixed Income |
| 0.24% | ALIMENTATION COUCHE-TARD INC 4.21% 21Aug2020 | CA01626PAD83 | 2,090,000 | CAD | 4.21 | 08/21/2020 | 2,156,134 | - | Fixed Income |
| 0.24% | CI FINANCIAL CORP 2.65% 07Dec2020 | CA125491AD24 | 2,173,000 | CAD | 2.65 | 12/07/2020 | 2,192,797 | - | Fixed Income |
| 0.21% | FINNING INTERNATIONAL INC 3.23% 03Jul2020 | CA31807ZAM47 | 1,900,000 | CAD | 3.23 | 07/03/2020 | 1,915,576 | - | Fixed Income |
| 0.21% | ENBRIDGE INC 4.26% 01Feb2021 | CA29251ZAX56 | 1,860,000 | CAD | 4.26 | 02/01/2021 | 1,902,271 | - | Fixed Income |
| 0.18% | BMW CANADA INC 1.88% 11Dec2020 | CA05590HAT47 | 1,634,000 | CAD | 1.88 | 12/11/2020 | 1,639,535 | - | Fixed Income |
| 0.15% | RELIANCE LP 3.81% 15Sep2020 | CA759480AH94 | 1,319,000 | CAD | 3.81 | 09/15/2020 | 1,351,892 | - | Fixed Income |
| 0.15% | ENBRIDGE GAS INC 4.04% 23Nov2020 | CA29290ZAJ99 | 1,288,000 | CAD | 4.04 | 11/23/2020 | 1,321,125 | - | Fixed Income |
| 0.13% | ALTAGAS LTD 4.07% 01Jun2020 | CA02138ZAD56 | 1,166,000 | CAD | 4.07 | 06/01/2020 | 1,182,630 | - | Fixed Income |
| 0.12% | CADILLAC FAIRVIEW FINANCE TRUST 4.31% 25Jan2021 | CA12741RAB56 | 1,029,000 | CAD | 4.31 | 01/25/2021 | 1,055,583 | - | Fixed Income |
| 0.09% | ENERGIR INC 1.52% 25May2020 | CA368271AZ53 | 830,000 | CAD | 1.52 | 05/25/2020 | 832,033 | - | Fixed Income |
| 0.09% | MORGUARD CORP 4.01% 18Nov2020 | CA617577AB78 | 830,000 | CAD | 4.01 | 11/18/2020 | 848,205 | - | Fixed Income |
| 0.01% | ALTALINK LP 3.62% 17Sep2020 | CA02135ZAJ53 | 50,000 | CAD | 3.62 | 09/17/2020 | 51,246 | - | Fixed Income |
| -0.03% | CASH | - | 1 | CAD | - | - | -247,565 | - | Cash and Cash Equivalents |
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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.