Key stats
About BMO MONEY MKT FD ETF SER UNIT
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Inception date
Nov 29, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BMO Investments, Inc.
The fund seeks to provide income and liquidity consistent with short-term money market rates, alongside capital preservation, by investing in CAD-denominated money market instruments and other securities issued by Canadian governments and companies, including T-bills, bankers' acceptances, and commercial paper. Eligible securities must have less than 365 days to maturity and less than 90 days average term-to-maturity. The fund manager selects securities based on economic fundamentals and capital market developments. The fund may engage in lending to earn additional income. It may also use derivatives such as options, futures, and swaps for hedging and non-hedging purposes.
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
Cash
Corporate
Bonds, Cash & Other100.00%
Cash46.42%
Corporate45.50%
Government6.97%
Securitized1.12%
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
ZMMK invests in bonds. The fund's major sectors are Corporate, with 45.50% stocks, and Government, with 6.97% of the basket. The assets are mostly located in the N/A region.
ZMMK last dividends amounted to 0.12 CAD. The month before, the issuer paid 0.15 CAD in dividends, which shows a 25.00% decrease.
ZMMK assets under management is 4.85 B CAD. It's risen 4.00% over the last month.
ZMMK fund flows account for 3.59 B 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, ZMMK pays dividends to its holders with the dividend yield of 4.15%. The last dividend (May 2, 2025) amounted to 0.15 CAD. The dividends are paid monthly.
ZMMK shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Nov 29, 2021, and its management style is Active.
ZMMK expense ratio is 0.13% meaning you'd have to pay 0.13% of your investment to help manage the fund.
ZMMK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZMMK invests in bonds.
ZMMK price has fallen by −0.06% over the last month, and its yearly performance shows a −0.20% decrease. See more dynamics on ZMMK price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.74% increase in three-month performance and has increased by 4.06% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.74% increase in three-month performance and has increased by 4.06% in a year.
ZMMK trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.