Key stats
About BMO TARGET 2027 CANADIAN CORPORATE UNITS CAD ETF
Home page
Inception date
Mar 17, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
The BMO Target Maturity Bond ETFs combine the advantages of traditional bond ETFssuch as diversification and professional managementwith the benefits of individual bonds, like a defined term to maturity. This approach helps investors align their investment time horizons with their goals. Unlike traditional target maturity bond ETFs that face reinvestment risk, BMO ETFs aim to provide fixed income for a specific period while minimizing this risk by locking in interest rates for the final year at inception using derivatives. Overall, these ETFs offer a bond-like experience, enhancing investors' ability to effectively manage their fixed income portfolios with added liquidity and diversification.
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
Corporate
Bonds, Cash & Other100.00%
Corporate99.47%
Cash0.59%
Miscellaneous−0.06%
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
ZXCO assets under management is 4.50 M CAD. It's risen 123.24% over the last month.
ZXCO fund flows account for 4.03 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, ZXCO pays dividends to its holders with the dividend yield of 35.96%. The last dividend (Jul 3, 2025) amounted to 0.09 CAD. The dividends are paid quarterly.
ZXCO shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Mar 17, 2025, and its management style is Active.
ZXCO expense ratio is 0.17% meaning you'd have to pay 0.17% of your investment to help manage the fund.
ZXCO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZXCO invests in bonds.
ZXCO trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.