BMO US AGGREGATE BOND INDEX ETF HEDGED UNITSBMO US AGGREGATE BOND INDEX ETF HEDGED UNITSBMO US AGGREGATE BOND INDEX ETF HEDGED UNITS

BMO US AGGREGATE BOND INDEX ETF HEDGED UNITS

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Key stats


Assets under management (AUM)
‪505.27 M‬CAD
Fund flows (1Y)
‪138.56 M‬CAD
Dividend yield (indicated)
2.38%
Discount/Premium to NAV
0.10%
Shares outstanding
‪17.13 M‬
Expense ratio
0.09%

About BMO US AGGREGATE BOND INDEX ETF HEDGED UNITS


Brand
BMO
Home page
Inception date
Jan 23, 2023
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Bloomberg US Aggregate Bond CAD Hedged Index - CAD - Benchmark TR Net Hedged
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
The fund offers broad, vanilla exposure to the investment grade segment of the US fixed income space by tracking a well-known index. The index is a market value-weighted index of US dollar-denominated, investment grade, taxable, fixed-income securities. It has one of the broadest baskets of bonds, with over 10,000 securities. Eligible securities must have at least $300 million outstanding face value and at least one year to maturity. The index includes Treasuries, agencies, CMBS, ABS, and investment grade corporates. The fund may use a sampling method in tracking the index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index.

Broaden your horizons with more funds linked to ZUAG.F via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Government
ETF
Corporate
Stock breakdown by region
0.2%0.3%96%2%0.1%1%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZUAG.F trades at 29.55 CAD today, its price has fallen −0.30% in the past 24 hours. Track more dynamics on ZUAG.F price chart.
ZUAG.F net asset value is 29.52 today — it's risen 0.75% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZUAG.F assets under management is ‪505.27 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZUAG.F price has risen by 1.06% over the last month, and its yearly performance shows a 0.24% increase. See more dynamics on ZUAG.F price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.75% over the last month, showed a −0.08% decrease in three-month performance and has increased by 2.49% in a year.
ZUAG.F fund flows account for ‪138.56 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZUAG.F invests in bonds. See more details in our Analysis section.
ZUAG.F expense ratio is 0.09%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ZUAG.F isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ZUAG.F technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZUAG.F shows the sell signal. See more of ZUAG.F technicals for a more comprehensive analysis.
Yes, ZUAG.F pays dividends to its holders with the dividend yield of 2.38%.
ZUAG.F trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZUAG.F shares are issued by Bank of Montreal
ZUAG.F follows the Bloomberg US Aggregate Bond CAD Hedged Index - CAD - Benchmark TR Net Hedged. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 23, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.