BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF (ZMU.TO)
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF (ZMU.TO)
Company overview
The BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF (ZMU) is designed to approximate the investment performance of the Bloomberg U.S. Investment Grade 5-10 Year Corporate Bond CAD Hedged Index, after accounting for its expenses. A key characteristic is the hedging of its U.S. dollar currency exposure back to Canadian dollars, aiming to minimize exchange rate fluctuations. Moreover, as ZMU is structured as a fund of funds, the management fees it charges are reduced by any fees already incurred by the underlying investments.
No price history available.
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BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF (ZMU.TO)
No price history available.
The BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF (ZMU) is designed to approximate the investment performance of the Bloomberg U.S. Investment Grade 5-10 Year Corporate Bond CAD Hedged Index, after accounting for its expenses. A key characteristic is the hedging of its U.S. dollar currency exposure back to Canadian dollars, aiming to minimize exchange rate fluctuations. Moreover, as ZMU is structured as a fund of funds, the management fees it charges are reduced by any fees already incurred by the underlying investments.
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