BMO BBB Corporate Bond Index ETF CAD Units Trust UnitsBMO BBB Corporate Bond Index ETF CAD Units Trust UnitsBMO BBB Corporate Bond Index ETF CAD Units Trust Units

BMO BBB Corporate Bond Index ETF CAD Units Trust Units

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Key stats


Assets under management (AUM)
‪25.99 M‬CAD
Fund flows (1Y)
‪4.30 M‬CAD
Dividend yield (indicated)
3.86%
Discount/Premium to NAV
−0.09%
Shares outstanding
‪889.00 K‬
Expense ratio
0.17%

About BMO BBB Corporate Bond Index ETF CAD Units Trust Units


Brand
BMO
Home page
Inception date
Feb 5, 2020
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
FTSE Canada 1-10 Year Corporate BBB Bond Index - CAD
Management style
Passive
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05601B1076
The fund invests in CAD-denominated bonds with a credit rating of BBB. The fund aims to hold securities in parallel proportions as they are reflected in the index. The Manager may also use a sampling methodology, which uses quantitative analysis to select bonds that resemble index constituents in terms of key risk factors, performance attributes, industry weightings, market capitalization and other appropriate financial characteristics. The market-value-weighted index is composed of securities with 1-10 years to maturity and is rebalanced daily.

Broaden your horizons with more funds linked to ZBBB via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Intermediate
Strategy
Vanilla
Geography
Canada
Weighting scheme
Market value
Selection criteria
Credit rating
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
99%0.5%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZBBB trades at 29.26 CAD today, its price has fallen −0.07% in the past 24 hours. Track more dynamics on ZBBB price chart.
ZBBB net asset value is 29.29 today — it's risen 1.04% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZBBB assets under management is ‪25.99 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZBBB price has risen by 1.04% over the last month, and its yearly performance shows a 1.70% increase. See more dynamics on ZBBB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.04% over the last month, showed a 2.29% increase in three-month performance and has increased by 5.96% in a year.
ZBBB fund flows account for ‪4.30 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZBBB invests in bonds. See more details in our Analysis section.
ZBBB expense ratio is 0.17%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ZBBB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ZBBB technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZBBB shows the strong buy signal. See more of ZBBB technicals for a more comprehensive analysis.
Yes, ZBBB pays dividends to its holders with the dividend yield of 3.86%.
ZBBB trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZBBB shares are issued by Bank of Montreal
ZBBB follows the FTSE Canada 1-10 Year Corporate BBB Bond Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 5, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.