ducovest

ZCM:CA:TSX-BMO Mid Corporate Bond Index ETF (CAD)

ETF | Canadian Corporate Fixed Income | Toronto Stock Exchange

Last Closing

CAD 15.35

Change

-0.06 (-0.39)%

Market Cap

CAD 1.16B

Volume

800.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

"The investment seeks to replicate, net of expenses, the DEX Mid Term Corporate Bond Index. The fund invests in a variety of debt securities primarily with a term to maturity between five and ten years. Securities held in the index are generally corporate bonds issued domestically in Canada in Canadian dollars, with an investment grade rating."

Company Website : www.etfs.bmo.com

Currency: CAD

Country : Canada

Inception Date: 19/01/2010

Primary Benchmark: FTSE Canada Mid Corporate TR CAD

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.33 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
TDBKF The Toronto-Dominion Bank 1.44 %
SU Suncor Energy Inc 1.32 %
RCI Rogers Communications Inc 1.20 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-05 )

Largest Industry Peers for Canadian Corporate Fixed Income

Symbol Name Mer Price(Change) Market Cap
XCB:CA iShares Core Canadian Corporat.. 0.44 %

N/A

 CAD 1.88B
CACB:CA CIBC Active Investment Grade C.. 0.00 %

N/A

 CAD 1.61B
CBH:CA iShares 1-10Yr Laddered Corpor.. 0.28 %

N/A

 CAD 0.44B
VCB:CA Vanguard Canadian Corporate Bo.. 0.26 %

N/A

 CAD 0.38B
HAB:CA Global X Active Corporate Bond.. 0.59 %

N/A

 CAD 0.35B
XHB:CA iShares Canadian HYBrid Corpor.. 0.51 %

N/A

 CAD 0.19B
DXV:CA Dynamic Active Ultra Short Ter.. 0.35 %

N/A

 CAD 0.17B
CXF:CA CI Canadian Convertible Bond E.. 0.73 %

N/A

 CAD 0.05B
ZCB:CA BMO Corporate Bond Index ETF 0.17 %

N/A

 CAD 0.03B
FLCI:CA Franklin Bissett Corporate Bon.. 0.42 %

N/A

 CAD 0.02B

ETFs Containing ZCM:CA

PBD:CA Purpose Total Return Bond 0.00 % 0.72 %

N/A

 CAD 0.01B
ZAG:CA BMO Aggregate Bond 0.00 % 0.09 %

N/A

 CAD 9.91B

Market Performance

  Market Performance vs. Industry/Classification (Canadian Corporate Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.20% 83% B 28% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 2.20% 83% B 28% F
Trailing 12 Months  
Capital Gain 7.87% 83% B 33% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 7.87% 83% B 33% F
Trailing 5 Years  
Capital Gain -6.69% 45% F 31% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -6.69% 55% F 31% F
Average Annual (5 Year Horizon)  
Capital Gain -2.64% 42% F 18% F
Dividend Return 0.18% 42% F 25% F
Total Return 2.82% 58% F 69% C-
Risk Return Profile  
Volatility (Standard Deviation) 7.36% 25% F 81% B-
Risk Adjusted Return 2.46% 42% F 25% F
Market Capitalization 1.16B 82% B 73% C

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.