Key stats
About BMO HIGH US COR BD TO CAD IN ETF CAD UNITS
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Inception date
Oct 20, 2009
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
BMO Asset Management Corp.
The fund provides exposure to US corporate high-yields. The index includes USD-denominated, non-investment grade, fixed-rate, taxable bonds. Eligible securities must have at least one year remaining until maturity and are rated Ba1/BB+/BB+ or below. The index draws from the US Corporate High Yield index and includes only the three largest bonds from each issuer that have a minimum amount outstanding of USD 500 million and less than five years from issue date. The market-value-weighted index limits each issuer to 2% and undergoes monthly rebalance. The fund aims to hold securities in parallel proportions as they are reflected in the index. It may also invest in mutual funds or other investment funds, ADRs or derivatives. It may also hold ETFs such as BMO High Yield US Corporate Bond Index ETF. The USD currency exposure is hedged back to CAD. Sibling fund ZJK provides the same exposure but is CAD-unhedged.
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
ETF
Bonds, Cash & Other100.00%
ETF99.99%
Miscellaneous0.04%
Cash−0.04%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history