Key stats
About BMO US TIPS INDEX ETF HEDGED UNIT
Expense ratio
0.17%
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Inception date
Jan 23, 2023
Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) - Benchmark TR Net
The fund offers inflation-protected income by tracking an index of treasury inflation-protected securities issued in the US with at least one year to maturity. It is designed for investors with low to medium risk appetite by exclusively investing in bonds with investment-grade credit ratings that are denominated in USD. Although the fund aims to hold its constituents in parallel proportions as they are reflected in the index, the manager may also opt to use a sampling strategy and hold other bonds to obtain exposure to the performance of the index. The fund is also offered in USD units, CAD unites, and CAD-hedged units. The index is market value-weighted and is rebalanced monthly.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government99.26%
Cash0.74%
Displays a symbol's price movements over previous years to identify recurring trends.