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ETF Profile
| Ticker Symbol |
ZLC |
| Net Assets ($MM) (May 22, 2013) |
$246.3 |
| Market Price |
$18.0900 |
| 12 Month Low/High (Market Price) |
$17.46
/
$18.33
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| Price (NAV) (May 22, 2013) |
$17.9781 |
| 12 Month Low/High (Price (NAV)) |
$17.45
/
$18.29
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| Weighted Average Term (yrs) |
23.17 |
| Weighted Average Coupon (%) |
6.03% |
| Weighted Average Current Yield (%)1 |
4.70% |
| Weighted Average Yield to Maturity (%)2 |
4.12% |
| Weighted Average Duration (yrs) |
13.13 |
| Maximum Annual Management Fee |
0.300% |
| Eligibility |
RRSP/RRIF/RESP/DPSP/ TFSA |
| Date Started |
Jan 19, 2010
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| Fiscal Year End |
December 31
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| Units Outstanding (000's) |
13,700 |
| CUSIP |
05571J106 |
| Index |
DEX Long Term Corporate Bond Index
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| Exchange |
TSX |
Related Links / Downloads
Legal & Regulatory Documents
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Portfolio Strategy
BMO Long Corporate Bond Index ETF has been designed to replicate, to the extent possible, the performance of the DEX Long Term Corporate Bond Index, net of expenses. The Fund invests in a variety of debt securities primarily with a term to maturity greater than ten years. Securities held in the Index are generally corporate bonds issued domestically in Canada in Canadian dollars, with an investment grade rating.
Benchmark Info
The DEX Long Term Corporate Bond Index consists of semi-annual pay fixed rate corporate bonds denominated in Canadian dollars, with an effective term to maturity greater than ten years, a credit rating of BBB or higher and minimum size requirement of $100 million per issue. The corporate sector is divided into sub-sectors based on major industry groups: Financial, Communication, Industrial, Energy, Infrastructure, Real Estate and Securitization. Each security in the index is weighted by its relative market capitalization and rebalanced on a daily basis.
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