ZMU:CA:TSX-BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF (CAD)

ETF | Global Corporate Fixed Income | Toronto Stock Exchange

Last Closing

CAD 12.27

Change

0.00 (0.00)%

Market Cap

CAD 0.36B

Volume

3.93K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the Barclay?s U.S. Investment Grade 5-10 Year Corporate Bond CAD Hedged Index, net of expenses.

Inception Date: 20/03/2013

Primary Benchmark: BBgBarc US IG 5-10 CB Capped Hdg TR CAD

Primary Index: Barclays Global Aggregate TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.27 %

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: 2024-04-19 )

Largest Industry Peers for Global Corporate Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZIC:CA BMO Mid-Term US IG Corporate B.. 0.26 %

-0.02 (-0.12%)

CAD 2.82B
QUIG:CA Mackenzie US Investment Grade .. 0.28 %

+0.34 (+0.41%)

CAD 0.47B
XIG:CA iShares U.S. IG Corporate Bond.. 0.32 %

+0.10 (+0.51%)

CAD 0.27B
RUSB:CA RBC Short Term U.S. Corporate .. 0.40 %

N/A

CAD 0.24B
ZSU:CA BMO Short-Term US IG Corporate.. 0.28 %

+0.03 (+0.23%)

CAD 0.15B
EARN:CA Evolve Active Global Fixed Inc.. 0.92 %

+0.07 (+0.15%)

CAD 0.02B
IGCF:CA PIMCO Investment Grade Credit .. 0.85 %

N/A

CAD 0.01B
TUSB:CA TD Select U.S. Short Term Corp.. 0.28 %

N/A

CAD 8.66M

ETFs Containing ZMU:CA

ZBAL:CA BMO Balanced 0.00 % 0.00 %

-0.02 (0.06%)

CAD 0.12B
ZGRO:CA BMO Growth ETF 0.00 % 0.00 %

+0.14 (+0.06%)

CAD 0.25B
ZCON:CA BMO Conservative 0.00 % 0.00 %

N/A

CAD 0.04B
ZMI:CA BMO Monthly Income 0.00 % 0.61 %

+0.01 (+0.06%)

CAD 0.12B

Market Performance

  Market Performance vs. Industry/Classification (Global Corporate Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -4.22% 25% F 16% F
Dividend Return 1.05% 88% B+ 47% F
Total Return -3.16% 33% F 17% F
Trailing 12 Months  
Capital Gain -3.69% 38% F 30% F
Dividend Return 2.83% 44% F 47% F
Total Return -0.86% 33% F 32% F
Trailing 5 Years  
Capital Gain -15.67% 22% F 24% F
Dividend Return 11.44% 67% D+ 61% D-
Total Return -4.23% 22% F 27% F
Average Annual (5 Year Horizon)  
Capital Gain -4.42% 22% F 17% F
Dividend Return -2.22% 33% F 21% F
Total Return 2.19% 67% D+ 60% D-
Risk Return Profile  
Volatility (Standard Deviation) 7.62% 33% F 77% C+
Risk Adjusted Return -29.19% 44% F 19% F
Market Capitalization 0.36B 89% A- 81% B-

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.