Long Bond - ZFL- Once Bank of Canada start cutting rates it will only go down
- Cash is king in a Recession
- Earned interest and chill
For US market look at TLT.
Key stats
About BMO LONG FED BOND INDEX ETF
Expense ratio
0.22%
Home page
Inception date
May 19, 2010
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 maturities of greater than ten years. ZFL 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
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government94.78%
Corporate5.28%
Cash−0.06%
Displays a symbol's price movements over previous years to identify recurring trends.