BMO Short Corporate Bond Index ETF
- Asset Class Company Bonds
- Provider BMO Asset Management
- MER 0.13%
- Currency CAD
Exposure to variety of short term Canadian corporate debt securities.
This 1-5 year corporate bond ETF provides income to the portfolio. Corporate bonds typically have higher yields than government bonds. ZCS only invests in high quality investment grade corporate bonds. The investment strategy is to have maturities from 1 to 5 years, which helps reduce the risk of rising interest rates, as the proceeds from the near term maturities can be invested at higher rates.