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About BMO ASSET MANAGEMENT INC SHORT-TERM US IG CORPORATE BOND HEDGED T
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Inception date
Feb 10, 2014
Structure
Canadian Mutual Fund Trust (ON)
Bloomberg Barclays U.S. Investment Grade 1 to 5 Year Corporate Bond Capped Hedged to CAD Index- CAD
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
The fund provides exposure to short-term, USD-denominated, fixed-rate, taxable corporate bonds. The index holds investment-grade securities with 1-5 year remaining to maturity. Securities are weighted by market value and includes the three largest issues from each issuer. The index undergoes monthly rebalance and uses derivative instruments to hedge the USD currency exposure back to the Canadian dollar. The fund aims to hold the constituent securities of the index, but the Manager may also use a sampling methodology in selecting investments which uses quantitative analysis to select bonds that resemble index constituents in terms of key risk factors, performance attributes, industry weightings, market capitalization and other appropriate financial characteristics.
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%
Corporate99.53%
Cash0.47%
Stock breakdown by region
North America86.33%
Europe8.29%
Asia3.70%
Oceania1.69%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZSU top holdings are T-Mobile USA, Inc. 3.875% 15-APR-2030 and Bank of America Corporation 1.734% 22-JUL-2027, occupying 0.98% and 0.83% of the portfolio correspondingly.
ZSU last dividends amounted to 0.05 CAD. The month before, the issuer paid 0.04 CAD in dividends, which shows a 15.56% increase.
ZSU assets under management is 218.85 M CAD. It's risen 11.51% over the last month.
ZSU fund flows account for 61.38 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.
Yes, ZSU pays dividends to its holders with the dividend yield of 3.45%. The last dividend (Jul 3, 2025) amounted to 0.05 CAD. The dividends are paid monthly.
ZSU shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Feb 10, 2014, and its management style is Passive.
ZSU expense ratio is 0.28% meaning you'd have to pay 0.28% of your investment to help manage the fund.
ZSU follows the Bloomberg Barclays U.S. Investment Grade 1 to 5 Year Corporate Bond Capped Hedged to CAD Index- CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZSU invests in bonds.
ZSU price has risen by 0.19% over the last month, and its yearly performance shows a 0.71% increase. See more dynamics on ZSU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.49% over the last month, showed a 1.33% increase in three-month performance and has increased by 4.21% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.49% over the last month, showed a 1.33% increase in three-month performance and has increased by 4.21% in a year.
ZSU trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.