Key stats
About BMO MID-TERM US IG CORP BD HDG CAD CAD UNITS
Home page
Inception date
Mar 20, 2013
Structure
Canadian Mutual Fund Trust (ON)
Bloomberg U.S. Investment Grade 5-10 Year Corporate Bond Capped Hedged to CAD Index - CAD
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
The fund is a fund-of-funds that provides exposure to USD-denominated taxable corporate bonds. The fund tracks a market-value-weighted index of investment grade bonds with maturities between 5-10 years. The index is usually rebalanced monthly, it includes fixed rate bonds with USD 750 million minimum amount outstanding and includes the three largest issues from each issue. The fund primarily invests in BMO Mid-Term US IG Corporate Bond Index ETF. As an alternative, it may also to hold index securities or use a sampling methodology. Sibling fund ZIC-CA offers the similar exposure but is a CAD-unhedged version, a USD unit is also available.
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
ETF
Bonds, Cash & Other100.00%
ETF95.93%
Cash4.07%
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
ZMU last dividends amounted to 0.04 CAD. The month before, the issuer paid 0.04 CAD in dividends,
ZMU assets under management is 3.10 B CAD. It's risen 0.35% over the last month.
ZMU fund flows account for 367.48 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, ZMU pays dividends to its holders with the dividend yield of 4.05%. The last dividend (May 2, 2025) amounted to 0.04 CAD. The dividends are paid monthly.
ZMU shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Mar 20, 2013, and its management style is Passive.
ZMU expense ratio is 0.28% meaning you'd have to pay 0.28% of your investment to help manage the fund.
ZMU follows the Bloomberg U.S. Investment Grade 5-10 Year Corporate Bond Capped Hedged to CAD Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZMU invests in funds.
ZMU price has risen by 0.24% over the last month, and its yearly performance shows a 0.32% increase. See more dynamics on ZMU price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.67% over the last month, showed a 0.19% increase in three-month performance and has increased by 4.23% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.67% over the last month, showed a 0.19% increase in three-month performance and has increased by 4.23% in a year.
ZMU trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.