ZFM:CA:TSX-BMO Mid Federal Bond Index ETF (CAD)

ETF | Canadian Fixed Income | Toronto Stock Exchange

Last Closing

CAD 14.64

Change

0.00 (0.00)%

Market Cap

CAD 0.53B

Volume

2.82K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

"The investment seeks to replicate, net of expenses, the DEX Mid Term Federal Bond Index. The index consists of semi-annual pay fixed rate bonds denominated in Canadian dollars, with an effective term to maturity between five and ten years, a credit rating of AAA and minimum size requirement of $50 million per issue. The federal sector consists of bonds issued by the Government of Canada (including both non-agency, agency/crown corporations) and supranational entities."

Inception Date: 29/05/2009

Primary Benchmark: FTSE Canada Mid Federal TR CAD

Primary Index: Citi Canadian GBI CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.22 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-23 )

Largest Industry Peers for Canadian Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZAG:CA BMO Aggregate Bond 0.09 %

N/A

CAD 9.91B
XBB:CA iShares Canadian Universe Bond 0.10 %

-0.02 (-0.07%)

CAD 8.15B
VAB:CA Vanguard Canadian Aggregate Bo.. 0.09 %

N/A

CAD 5.32B
HBB:CA Global X Canadian Select Unive.. 0.10 %

-0.13 (-0.27%)

CAD 3.57B
ZCPB:CA BMO Core Plus Bond ETF 0.56 %

-0.03 (-0.11%)

CAD 1.45B
XGB:CA iShares Canadian Government Bo.. 0.38 %

+0.01 (+0.05%)

CAD 1.40B
ZGB:CA BMO Government Bond Index ETF 0.17 %

-0.03 (-0.07%)

CAD 1.25B
CAGG:CA CI Yield Enhanced Canada Aggre.. 0.20 %

N/A

CAD 1.22B
QBB:CA Mackenzie Canadian Aggregate B.. 0.10 %

-0.13 (-0.14%)

CAD 0.87B
DCU:CA Desjardins Canadian Universe B.. 0.13 %

+0.01 (+0.06%)

CAD 0.75B

ETFs Containing ZFM:CA

ZAG:CA BMO Aggregate Bond 0.00 % 0.09 %

N/A

CAD 9.91B

Market Performance

  Market Performance vs. Industry/Classification (Canadian Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.27% 22% F 22% F
Dividend Return 2.11% 9% A- 29% F
Total Return 2.38% 9% A- 19% F
Trailing 12 Months  
Capital Gain 1.17% 61% D- 25% F
Dividend Return 2.32% 5% F 27% F
Total Return 3.50% 22% F 20% F
Trailing 5 Years  
Capital Gain -10.68% 59% D- 26% F
Dividend Return 10.38% 5% F 22% F
Total Return -0.29% 18% F 20% F
Average Annual (5 Year Horizon)  
Capital Gain -4.24% 26% F 11% F
Dividend Return -2.86% 9% A- 11% F
Total Return 1.38% 23% F 51% F
Risk Return Profile  
Volatility (Standard Deviation) 5.72% 57% F 90% A-
Risk Adjusted Return -49.98% 9% A- 5% F
Market Capitalization 0.53B 52% F 65% D

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:

There is nothing we particularly like

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.