Key stats
About BMO AAA CLO ETF Trust Units HEDGED Units
Home page
Inception date
Apr 29, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05614V2075
The fund actively invests in collateralized loan obligations that are rated AAA or equivalent. It specifically targets USD-denominated CLOs issued outside Canada. The debt securities may be purchased from both primary and secondary markets. The fund may invest in CLOs of any maturity not exceeding 15 years but caps its individual security allocation to 10% of its assets. Fixed-rate CLOs are limited to 10% as well. Derivatives, such as currency forward contracts and currency futures contracts, may be utilized for hedging and risk management. It may also invest in cash or other short-term instruments for liquidity management purposes, managing redemptions, or for defensive purposes. The fund is actively managed.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized91.39%
ETF5.49%
Corporate3.96%
Cash−0.84%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZAAA.F invests in bonds. The fund's major sectors are Securitized, with 91.39% stocks, and Corporate, with 3.96% of the basket. The assets are mostly located in the N/A region.
ZAAA.F assets under management is 162.37 M CAD. It's risen 7.27% over the last month.
ZAAA.F fund flows account for 161.03 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ZAAA.F doesn't pay dividends to its holders.
ZAAA.F shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Apr 29, 2025, and its management style is Active.
ZAAA.F follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZAAA.F invests in bonds.
ZAAA.F trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.