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About BMO Short Federal Bond Index ETF
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Inception date
Oct 20, 2009
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ISIN
CA0969111024
The fund invests in high quality, CAD-denominated government bonds. The index consists of semi-annual pay fixed-rate federal bonds issued by the Government of Canada (including both non-agency, agency/crown corporations) and supranational entities. The index is weighted by market value and is usually rebalanced daily. Eligible securities must have a credit rating of AAA and must have less than five years remaining until maturity. ZFS 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 portfolio is rebalanced daily.
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
Government
Corporate
Bonds, Cash & Other100.00%
Government71.04%
Corporate29.32%
Cash−0.36%
Stock breakdown by region
North America99.83%
Asia0.17%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZFS invests in bonds. The fund's major sectors are Government, with 71.04% stocks, and Corporate, with 29.32% of the basket. The assets are mostly located in the North America region.
ZFS top holdings are Canada Treasury Bonds 2.75% 01-MAR-2030 and Canada Treasury Bonds 3.5% 01-SEP-2029, occupying 6.55% and 6.09% of the portfolio correspondingly.
ZFS last dividends amounted to 0.03 CAD. The month before, the issuer paid 0.03 CAD in dividends,
ZFS assets under management is 464.78 M CAD. It's risen 3.18% over the last month.
ZFS fund flows account for 54.64 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.
Yes, ZFS pays dividends to its holders with the dividend yield of 2.25%. The last dividend (Sep 3, 2025) amounted to 0.03 CAD. The dividends are paid monthly.
ZFS shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Oct 20, 2009, and its management style is Passive.
ZFS expense ratio is 0.22% meaning you'd have to pay 0.22% of your investment to help manage the fund.
ZFS follows the FTSE Canada Short Term Federal Bond Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZFS invests in bonds.
ZFS price has risen by 0.50% over the last month, and its yearly performance shows a 1.16% increase. See more dynamics on ZFS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.73% over the last month, showed a 1.33% increase in three-month performance and has increased by 3.54% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.73% over the last month, showed a 1.33% increase in three-month performance and has increased by 3.54% in a year.
ZFS trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.