What Is ZMBS?
One ticker, 34 companies
The BMO Canadian MBS Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE Canada NHA MBS 975 Index, net of expenses. The Fund invests in a variety of mortgage backed securities with a term to maturity greater than one year. Mortgages held within the Index are guaranteed by the Canada Mortgage and Housing Corporation.
IssuerBMO Global Asset Management
Inception dateFebruary 5, 2020
ExchangeTSX
CurrencyCAD
Risk ratingLow
Management fee0.15%
Set it, forget it, let compounding do the heavy lifting. 💪