BMO Discount Bond Index ETF (ZDB.TO)
Company overview
The BMO Discount Bond Index ETF is structured to replicate, as closely as practicable and net of its operating expenses, the returns of the FTSE Canada Universe Discount Bond Index. This fund primarily allocates capital to a diverse range of debt instruments, concentrating on those with maturities exceeding one year. A specific investment criterion requires that the coupon rate of its holdings does not surpass 1.4 times the bond's yield to maturity. The underlying index itself represents a broad spectrum of the Canadian investment-grade fixed income market, incorporating federal government, provincial government, and corporate debt securities.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
BMO Discount Bond Index ETF (ZDB.TO)
No price history available.
The BMO Discount Bond Index ETF is structured to replicate, as closely as practicable and net of its operating expenses, the returns of the FTSE Canada Universe Discount Bond Index. This fund primarily allocates capital to a diverse range of debt instruments, concentrating on those with maturities exceeding one year. A specific investment criterion requires that the coupon rate of its holdings does not surpass 1.4 times the bond's yield to maturity. The underlying index itself represents a broad spectrum of the Canadian investment-grade fixed income market, incorporating federal government, provincial government, and corporate debt securities.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free