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BMO Aggregate Bond Index ETF

Canadian Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2020, 2019, 2018

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NAVPS
(12-05-2024)
$14.04
Change
$0.00 (0.02%)

As at October 31, 2024

As at October 31, 2024

Period
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Legend

BMO Aggregate Bond Index ETF

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Fund Returns

Inception Return (January 20, 2010): 2.80%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -1.03% 1.21% 6.64% 3.18% 11.33% 5.50% -0.15% -1.05% 0.37% 1.93% 1.54% 1.27% 1.72% 1.96%
Benchmark -1.07% 1.25% 6.50% 3.09% 11.09% 5.28% -0.23% -1.11% 0.36% 1.97% 1.60% 1.33% 1.81% 2.06%
Category Average -1.07% 1.10% 6.21% 2.91% 11.20% 5.33% -0.72% -1.26% 0.06% 1.43% 0.98% 0.80% 1.19% 1.26%
Category Rank 384 / 660 353 / 652 233 / 635 371 / 627 364 / 625 369 / 601 238 / 581 299 / 549 272 / 525 212 / 488 186 / 445 181 / 417 158 / 370 123 / 328
Quartile Ranking 3 3 2 3 3 3 2 3 3 2 2 2 2 2

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 4.32% 3.43% -1.40% -0.32% 0.49% -2.04% 1.80% 1.14% 2.35% 0.34% 1.92% -1.03%
Benchmark 4.21% 3.42% -1.36% -0.40% 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82% -1.07%

Best Monthly Return Since Inception

4.58% (January 2015)

Worst Monthly Return Since Inception

-3.50% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.43% 3.24% 1.54% 2.30% 1.24% 6.78% 8.56% -2.63% -11.79% 6.65%
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average 7.06% 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16%
Quartile Ranking 1 1 3 2 2 2 2 3 2 2
Category Rank 63/ 315 56/ 345 226/ 379 155/ 424 113/ 450 173/ 497 249/ 527 287/ 558 274/ 587 264/ 602

Best Calendar Return (Last 10 years)

8.56% (2020)

Worst Calendar Return (Last 10 years)

-11.79% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 74.49
Canadian Corporate Bonds 24.49
Cash and Equivalents 0.55
Foreign Government Bonds 0.29
Mortgages 0.12
Other 0.06

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 99.42
Cash and Cash Equivalent 0.56
Financial Services 0.02

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.98
Asia 0.02

Top Holdings

Top Holdings
Name Percent
Canada Government 3.00% 01-Jun-2034 1.44
Canada Government 3.50% 01-Sep-2029 1.29
Canada Government 1.50% 01-Jun-2031 1.29
Canada Government 4.00% 01-Mar-2029 1.21
Canada Government 2.00% 01-Dec-2051 1.13
Canada Government 4.00% 01-May-2026 1.12
Canada Government 1.50% 01-Dec-2031 1.12
Canada Government 4.50% 01-Feb-2026 1.10
Canada Government 2.75% 01-Dec-2055 1.08
Canada Government 1.25% 01-Jun-2030 1.06

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: H.
Period: 

Risk vs Return (3 Yr)

BMO Aggregate Bond Index ETF

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 7.37% 6.55% 5.40%
Beta 1.02% 1.00% 0.99%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.95% 0.95% 0.96%
Sharpe -0.45% -0.26% 0.09%
Sortino -0.53% -0.50% -0.24%
Treynor -0.03% -0.02% 0.01%
Tax Efficiency - - 37.47%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.75% 7.37% 6.55% 5.40%
Beta 0.90% 1.02% 1.00% 0.99%
Alpha 0.01% 0.00% 0.00% 0.00%
Rsquared 0.85% 0.95% 0.95% 0.96%
Sharpe 0.94% -0.45% -0.26% 0.09%
Sortino 2.54% -0.53% -0.50% -0.24%
Treynor 0.07% -0.03% -0.02% 0.01%
Tax Efficiency 86.92% - - 37.47%

Fund Details

Start Date January 20, 2010
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $10,416

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

BMO Aggregate Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE Canada Universe Bond Index™, net of expenses. The Fund invests in a variety of debt securities primarily with a term to maturity greater than one year. Securities held in the Index are a broad measure of the Canadian investment-grade fixed income market consisting of Federal, Provincial and Corporate bonds.

Investment Strategy

ZAG generally invests in a variety of debt securities primarily with a term to maturity greater than one year and a credit rating of BBB or higher. These securities represent the Canadian bond market across federal, provincial and corporate issuers in Canada.

Portfolio Manager(s)

Name Start Date
BMO Asset Management Inc. 01-19-2010

Management and Organization

Fund Manager BMO Asset Management Inc.
Advisor BMO Asset Management Inc.
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.09%
Management Fee 0.08%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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