Key stats
About BMO ULTRA SHORT TERM BOND ETF ACCUMULATING UNITS
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Inception date
Feb 3, 2017
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Capitalizes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Investments, Inc.
The fund actively manages an array of ultra-short-term CAD-denominated bonds including corporate, government, provincial and municipal bonds. The fund holds investment grade corporate bond but may add high yield bonds, all with remaining maturities of one year or less. In addition, the fund invests in in floating rate instruments such as floating-rate preferred shares, subject to the rate reset date being no greater than one year and the term being no greater than five years. The portfolio manager rebalances the portfolio accordingly using fundamental analysis, relative strength indicators, and risk adjusted yield expectations.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate89.91%
Government8.09%
Securitized2.27%
Cash−0.27%
Stock breakdown by region
North America99.75%
Asia0.25%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZST.L invests in bonds. The fund's major sectors are Corporate, with 89.91% stocks, and Government, with 8.09% of the basket. The assets are mostly located in the North America region.
ZST.L assets under management is 445.83 M CAD. It's fallen 0.56% over the last month.
ZST.L fund flows account for 168.80 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ZST.L doesn't pay dividends to its holders.
ZST.L shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Feb 3, 2017, and its management style is Active.
ZST.L expense ratio is 0.16% meaning you'd have to pay 0.16% of your investment to help manage the fund.
ZST.L follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZST.L invests in bonds.
ZST.L price has risen by 0.17% over the last month, and its yearly performance shows a 4.29% increase. See more dynamics on ZST.L price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.17% over the last month, showed a 0.70% increase in three-month performance and has increased by 4.23% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.17% over the last month, showed a 0.70% increase in three-month performance and has increased by 4.23% in a year.
ZST.L trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.