BMO Mid Federal Bond ETF
- Asset Class Government Bonds
- Provider BMO Asset Management
- MER 0.23%
- Currency CAD
Mid term debt securities issued or guaranteed by the Government of Canada.
This is a 5-10 year Canadian federal bond ETF that provides defensive income to our portfolio. Federal bonds have the highest rating, AAA. This ETF provides a predictable and reliable level of income with low risk. Government bonds tends to be the "safe haven" in times of investment market distress.