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About BMO ASSET MANAGEMENT INC SHORT-TERM US TIPS INDEX ETF
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Inception date
Jan 20, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
The fund tracks an index of investment-grade securities issued or guaranteed by the US Treasury. The index holds USD-denominated Treasurys with inflation-linked principal and interest. Securities must have maturities between zero and five years. The index is market-value-weighted and is rebalanced monthly. The fund aims to hold fixed income securities in parallel proportions as they are reflected in the index. The Manager may also opt to use a sampling strategy, 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 fund is also offered as CAD-hedged units and as USD units.
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%
Government100.09%
Cash−0.09%
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
ZTIP top holdings are Government of the United States of America 1.625% 15-OCT-2029 and Government of the United States of America 2.125% 15-APR-2029, occupying 5.43% and 5.35% of the portfolio correspondingly.
ZTIP last dividends amounted to 0.27 CAD. The quarter before, the issuer paid 0.30 CAD in dividends, which shows a 11.11% decrease.
ZTIP assets under management is 12.48 M CAD. It's fallen 10.39% over the last month.
ZTIP fund flows account for 8.08 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, ZTIP pays dividends to its holders with the dividend yield of 3.60%. The last dividend (Jul 3, 2025) amounted to 0.27 CAD. The dividends are paid quarterly.
ZTIP shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Jan 20, 2021, and its management style is Passive.
ZTIP expense ratio is 0.17% meaning you'd have to pay 0.17% of your investment to help manage the fund.
ZTIP follows the Bloomberg US Govt Inflation-Linked (0-5 Y). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZTIP invests in bonds.
ZTIP price has risen by 1.44% over the last month, and its yearly performance shows a 2.89% increase. See more dynamics on ZTIP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.16% over the last month, showed a 0.56% increase in three-month performance and has increased by 6.83% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.16% over the last month, showed a 0.56% increase in three-month performance and has increased by 6.83% in a year.
ZTIP trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.