Key stats
About BMO MID PROVINCIAL BOND INDEX ETF CAD UNITS
Home page
Inception date
Mar 19, 2013
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
The fund provides exposure to midterm bonds in the Canadian provincial sector, which includes Canadian provinces and provincial or territorial corporations, incorporated under their respective jurisdiction. The index holds CAD-denominated bonds with 5-10 years until maturity. These securities are generally guaranteed by the Canadian Provincial Governments and its agencies and have a credit rating of BBB or higher. The index is rebalanced daily. The fund aims to hold fixed income securities in the same proportions as they are reflected in the index. The Manager may also opt to use a sampling strategy, which uses quant analysis to select bonds. Sibling funds ZPL and ZPS provides the same exposure but with maturities of 10+ years and 5 years or less, respectively.
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
Government
Bonds, Cash & Other100.00%
Government98.42%
Corporate1.07%
Cash0.51%
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZMP invests in bonds. The fund's major sectors are Government, with 98.42% stocks, and Corporate, with 1.07% of the basket. The assets are mostly located in the North America region.
ZMP last dividends amounted to 0.04 CAD. The month before, the issuer paid 0.03 CAD in dividends, which shows a 2.86% increase.
ZMP assets under management is 427.63 M CAD. It's risen 2.90% over the last month.
ZMP fund flows account for 100.46 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ZMP pays dividends to its holders with the dividend yield of 2.90%. The last dividend (Jul 3, 2025) amounted to 0.04 CAD. The dividends are paid monthly.
ZMP shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Mar 19, 2013, and its management style is Passive.
ZMP expense ratio is 0.28% meaning you'd have to pay 0.28% of your investment to help manage the fund.
ZMP follows the FTSE Canada Mid Term Provincial Bond Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZMP invests in bonds.
ZMP price has risen by 0.28% over the last month, and its yearly performance shows a 4.26% increase. See more dynamics on ZMP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.83% over the last month, showed a −0.32% decrease in three-month performance and has increased by 6.46% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.83% over the last month, showed a −0.32% decrease in three-month performance and has increased by 6.46% in a year.
ZMP trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.