Key stats
About BMO LADDERED PREFERRED SHS IDX ETF CAD UNITS
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Inception date
Nov 14, 2012
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Asset Management Corp.
The fund invests in CAD-denominated preferred shares listed on the TSX. The index includes investment-grade rate-reset preferreds with credit ratings of P3 or above Baa3. These securities must have a rate-reset frequency date of five years or less. The index uses a five-year laddered structure where five annual buckets are equal weighted while constituent securities within each bucket are market capitalization weighted. Each maturity bucket (except for the 0- and 5-year buckets) must consist of at least five preferred shares. The index is rebalanced monthly. The fund aims to hold preferreds in parallel proportions as they are reflected in the index.
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.