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) (Aug 15, 2022) |
$ 282.30 |
| Base Currency | CAD |
| Closing Market Price | $ 53.93 |
| 12-Month Low/High (Market Price) | $ 53.71 / $ 53.93 |
|
Closing NAV Price (Aug 15, 2022) |
$ 53.9212 |
| 12-Month Low/High (Price (NAV)) | $ 53.7179 / $ 53.9377 |
| Weighted Average Term (Years) | 0.49 |
| Weighted Average Coupon (%) | 2.58% |
|
Annualized Distribution Yield (Aug 05, 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 |
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. Footnote |
3.60% |
| Weighted Average Duration (Years) | 0.48 |
| Maximum Annual Management Fee | 0.15% |
| Management Expense Ratio | 0.16% |
| Market Volume | 8,598 |
| Distribution Frequency | Quarterly |
| Options Available | No |
| Inception Date | Feb 09, 2017 |
| Fiscal Year-End | December 31 |
| Units Outstanding (000's) | 5,236 |
| 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
Download
Performance Chart
Growth of 10,000
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) |
$ 282.30 |
|---|---|
| Market Price | $ 53.93 |
| 12-Month Low/High (Market Price) | $ 53.71 / $ 53.93 |
| Price (NAV) | $ 53.9212 |
| 12-Month Low/High (Price (NAV)) | $ 53.7179 / $ 53.9377 |
| Distribution Frequency | Quarterly |
Daily Prices
| Unit Price as of (Aug 15, 2022) |
1 Day Change | 1 Day % Change | |
|---|---|---|---|
| Market Price | $ 53.93 | $ 0.05 | 0.09% |
| Price (NAV) | $ 53.9212 | $ 0.0116 | 0.02% |
Performance
Annualized Performance
Calendar Performance
Cumulative Performance
Annualized Performance (%) for period ending: Jul 29, 2022
| 1 Year | 2 Year | 3 Year | 5 Year | 10 Year | Since Inception | |
|---|---|---|---|---|---|---|
| NAV | -0.02% | 0.27% | 0.94% | 1.41% | - | 1.37% |
| Index | - | - | - | - | - | - |
| Jul 29, 2022 |
Calendar Year Performance (%) for period ending: Jul 29, 2022
| YTD | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|
| NAV | -0.08% | 0.23% | 1.83% | 2.42% | 2.00% | 1.11% |
| 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 | -0.08% | 0.13% | 0.21% | -0.03% | -0.02% | 0.54% | 2.83% | 7.25% | - | 7.72% |
| 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 | 0.000000 | 0.200000 | 0.200000 |
| Jun, 2022 | Jun 28, 2022 | Jun 29, 2022 | Jul 05, 2022 | 0.000000 | 0.280000 | 0.280000 |
| 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 | 0.000000 | 0.480000 | 0.480000 |
| 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 Aug 15, 2022
Fixed Income
100.05%
Stock
0.89%
Cash and Cash Equivalents
-0.05%
Number of Holdings
45
Total Net Assets
$ 282,304,181.00
Download Holdings (Excel)
| Weight (%) | Name | ISIN | Par Value | Currency | Coupon | Maturity | Base Market Value | Sector | Asset Class |
|---|---|---|---|---|---|---|---|---|---|
| 27.91% | CANADIAN TREASURY BILL .01% 05Jan2023 | CA1350Z7AW43 | 292,250,000 | CAD | 0.01 | 01/05/2023 | 288,722,922 | - | Fixed Income |
| 7.51% | BANK OF NOVA SCOTIA/THE 2.38% 01May2023 | CA06415EK460 | 78,024,000 | CAD | 2.38 | 05/01/2023 | 77,660,429 | - | Fixed Income |
| 6.86% | HYDRO ONE INC .71% 16Jan2023 | CA44810ZCE84 | 71,819,000 | CAD | 0.71 | 01/16/2023 | 71,001,106 | - | Fixed Income |
| 5.14% | DOLLARAMA INC 2.2% 10Nov2022 | CA25675TAG28 | 53,048,000 | CAD | 2.20 | 11/10/2022 | 53,213,170 | - | Fixed Income |
| 5.11% | ROYAL BANK OF CANADA 2.36% 05Dec2022 | CA780086PX67 | 52,747,000 | CAD | 2.36 | 12/05/2022 | 52,834,349 | - | Fixed Income |
| 3.06% | TORONTO-DOMINION BANK/THE 1.91% 18Jul2023 | CA891160LV34 | 32,163,000 | CAD | 1.91 | 07/18/2023 | 31,624,913 | - | Fixed Income |
| 3.05% | CANADIAN TREASURY BILL .01% 25May2023 | CA1350Z7A878 | 32,350,000 | CAD | 0.01 | 05/25/2023 | 31,530,668 | - | Fixed Income |
| 2.82% | HONDA CANADA FINANCE INC 2.49% 19Dec2022 | CA438121AR64 | 29,105,000 | CAD | 2.49 | 12/19/2022 | 29,122,123 | - | Fixed Income |
| 2.62% | CANADIAN IMPERIAL BANK OF COMMERCE 2.47% 05Dec2022 | CA13596ZE680 | 27,040,000 | CAD | 2.47 | 12/05/2022 | 27,098,332 | - | Fixed Income |
| 2.42% | VENTAS CANADA FINANCE LTD 2.55% 15Mar2023 | CA92277LAD88 | 25,000,000 | CAD | 2.55 | 03/15/2023 | 25,032,032 | - | Fixed Income |
| 2.28% | CANADIAN IMPERIAL BANK OF COMMERCE 2.97% 11Jul2023 | CA13596Z4B88 | 23,750,500 | CAD | 2.97 | 07/11/2023 | 23,614,169 | - | Fixed Income |
| 2.04% | GLACIER CREDIT CARD TRUST 2.05% 20Sep2022 | CA37638ZBJ27 | 20,910,000 | CAD | 2.05 | 09/20/2022 | 21,063,271 | - | Fixed Income |
| 1.94% | ROYAL BANK OF CANADA 2.95% 01May2023 | CA780086QC12 | 20,000,000 | CAD | 2.95 | 05/01/2023 | 20,045,036 | - | Fixed Income |
| 1.87% | BANK OF NOVA SCOTIA/THE 2.36% 08Nov2022 | CA064151F246 | 19,228,000 | CAD | 2.36 | 11/08/2022 | 19,311,181 | - | Fixed Income |
| 1.81% | FORTIFIED TRUST 2.34% 23Jan2023 | CA34960VAN88 | 18,800,000 | CAD | 2.34 | 01/23/2023 | 18,708,012 | - | Fixed Income |
| 1.66% | TELUS CORP 3.35% 15Mar2023 | CA87971MAQ65 | 17,000,000 | CAD | 3.35 | 03/15/2023 | 17,194,039 | - | Fixed Income |
| 1.64% | BMW CANADA INC .63% 16Jan2023 | CA05590HAZ07 | 17,211,000 | CAD | 0.63 | 01/16/2023 | 17,010,743 | - | Fixed Income |
| 1.59% | TORONTO-DOMINION BANK/THE 3.01% 30May2023 | CA89117FFK09 | 16,500,000 | CAD | 3.01 | 05/30/2023 | 16,492,266 | - | Fixed Income |
| 1.58% | CANADIAN IMPERIAL BANK OF COMMERCE 2.43% 09Jun2023 | CA13607GKV54 | 16,504,000 | CAD | 2.43 | 06/09/2023 | 16,354,850 | - | Fixed Income |
| 1.53% | EMERA INC 2.9% 16Jun2023 | CA290876AC55 | 15,887,000 | CAD | 2.90 | 06/16/2023 | 15,795,720 | - | Fixed Income |
| 1.35% | BANK OF MONTREAL 2.89% 20Jun2023 | CA06368BJ907 | 14,002,000 | CAD | 2.89 | 06/20/2023 | 13,945,714 | - | Fixed Income |
| 1.31% | VW CREDIT CANADA INC 3.25% 29Mar2023 | CA918423AQ79 | 13,500,000 | CAD | 3.25 | 03/29/2023 | 13,598,237 | - | Fixed Income |
| 1.28% | HSBC BANK CANADA 2.54% 31Jan2023 | CA40427HTC74 | 13,250,000 | CAD | 2.54 | 01/31/2023 | 13,189,302 | - | Fixed Income |
| 1.22% | 407 INTERNATIONAL INC 2.47% 08Sep2022 | CA35085ZBR60 | 12,486,000 | CAD | 2.47 | 09/08/2022 | 12,616,757 | - | Fixed Income |
| 1.08% | PRIME STRUCTURED MORTGAGE TRUST 1.97% 15Feb2023 | CA74167QAA46 | 11,294,000 | CAD | 1.97 | 02/15/2023 | 11,180,112 | - | Fixed Income |
| 0.97% | CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST 3.2% 07Mar2023 | CA17039AAG19 | 10,000,000 | CAD | 3.20 | 03/07/2023 | 10,085,734 | - | Fixed Income |
| 0.97% | CANADIAN IMPERIAL BANK OF COMMERCE 3.45% 04Apr2028 | CA136069YW55 | 10,000,000 | CAD | 3.45 | 04/04/2028 | 10,055,499 | - | Fixed Income |
| 0.97% | MANULIFE FINANCIAL CORP 3.32% 09May2028 | CA56501RAG17 | 10,000,000 | CAD | 3.32 | 05/09/2028 | 9,998,280 | - | Fixed Income |
| 0.90% | CATERPILLAR FINANCIAL SERVICES LTD 2.09% 12Sep2022 | CA14913LAA85 | 9,225,000 | CAD | 2.09 | 09/12/2022 | 9,301,621 | - | Fixed Income |
| 0.70% | EPCOR UTILITIES INC 1.3% 19May2023 | CA29410ZAR60 | 7,352,000 | CAD | 1.30 | 05/19/2023 | 7,227,234 | - | Fixed Income |
| 0.58% | TORONTO HYDRO CORP 2.91% 10Apr2023 | CA89119ZAE30 | 6,000,000 | CAD | 2.91 | 04/10/2023 | 6,028,918 | - | Fixed Income |
| 0.55% | ENBRIDGE INC 3.94% 30Jun2023 | CA29251ZBD83 | 5,662,000 | CAD | 3.94 | 06/30/2023 | 5,675,156 | - | Fixed Income |
| 0.52% | EAGLE CREDIT CARD TRUST 3.04% 17Jul2023 | CA26948ZAS17 | 5,379,000 | CAD | 3.04 | 07/17/2023 | 5,336,919 | - | Fixed Income |
| 0.49% | HONDA CANADA FINANCE INC 2.54% 01Mar2023 | CA438121AN50 | 5,000,000 | CAD | 2.54 | 03/01/2023 | 5,021,050 | - | Fixed Income |
| 0.48% | OMERS REALTY CORP 3.36% 05Jun2023 | CA68214WAH12 | 5,000,000 | CAD | 3.36 | 06/05/2023 | 5,006,182 | - | Fixed Income |
| 0.48% | NATIONAL BANK OF CANADA 3.18% 01Feb2028 | CA63309ZNL80 | 5,000,000 | CAD | 3.18 | 02/01/2028 | 4,977,420 | - | Fixed Income |
| 0.48% | PEMBINA PIPELINE CORP 2.56% 01Jun2023 | CA70632ZAP68 | 5,000,000 | CAD | 2.56 | 06/01/2023 | 4,956,020 | - | Fixed Income |
| 0.43% | TOYOTA CREDIT CANADA INC 2.7% 25Jan2023 | CA892329BF99 | 4,500,000 | CAD | 2.70 | 01/25/2023 | 4,490,049 | - | Fixed Income |
| 0.36% | CANADIAN TIRE CORP LTD 3.17% 06Jul2023 | CA13668ZAX65 | 3,720,000 | CAD | 3.17 | 07/06/2023 | 3,697,467 | - | Fixed Income |
| 0.23% | TOYOTA CREDIT CANADA INC 3.04% 12Jul2023 | CA892329BG72 | 2,399,000 | CAD | 3.04 | 07/12/2023 | 2,383,805 | - | Fixed Income |
| 0.16% | LAURENTIAN BANK OF CANADA 3.45% 27Jun2023 | CA51925DBT24 | 1,659,000 | CAD | 3.45 | 06/27/2023 | 1,652,946 | - | Fixed Income |
| 0.09% | IVANHOE CAMBRIDGE II INC 2.91% 27Jun2023 | CA46578WAA23 | 931,000 | CAD | 2.91 | 06/27/2023 | 925,156 | - | Fixed Income |
| 0.01% | FEDERATION DES CAISSES DESJARDINS DU QUEBEC 2.39% 25Aug2022 | CA31430WAB06 | 90,000 | CAD | 2.39 | 08/25/2022 | 91,029 | - | Fixed Income |
| 0.01% | HSBC BANK CANADA 2.25% 15Sep2022 | CA40427HTG88 | 72,000 | CAD | 2.25 | 09/15/2022 | 72,641 | - | Fixed Income |
| -0.05% | CASH | - | 1 | CAD | - | - | -505,048 | - | Cash and Cash Equivalents |
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Holdings Breakdown
Sector Allocation
has a donut chart divided into 8 ranges. Ranges are: 46.16%, Tbill.29.68%, Financial.7.7%, Infrastructure.5.55%, Industrial.5.44%, Real Estate.3.38%, Securitization.1.29%, Communication.0.8%, Energy.
Geographic Allocation
has a donut chart divided into 1 range. The range is: 100%, Canada.
Maturity
has a donut chart divided into 1 range. The range is: 100%, 0-1 Years.
Credit Allocation
has a donut chart divided into 4 ranges. Ranges are: 34.95%, AAA.23.4%, AA.25.14%, A.16.52%, BBB.
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.