Key stats
About BMO SHORT TERM BD INDEX ETF CAD UNIT
Expense ratio
0.10%
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Inception date
Mar 2, 2018
The fund invests in Canadian federal, provincial and investment grade corporate debts with remaining maturities between one and five years. The market-value-weighted invests in CAD-denominated issues with more than CAD 300 million outstanding. The index undergoes monthly rebalancing. The fund aims to hold securities in the same proportions as they are reflected in the index. The Manager may also utilize a sampling strategy, 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.
Classification
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government51.66%
Corporate47.26%
Miscellaneous1.27%
Securitized0.47%
Cash−0.66%