What Is ZTIP?
One ticker, 25 companies
BMO Short Term US TIPS Index ETF has been designed to replicate, to the extent possible, the performance of the Bloomberg U.S. Government Inflation-Linked 0-5 Year Bond Index, net of expenses. The Fund invests in U.S. Treasury Inflation Protected Securities (TIPS) with a term to maturity of less than 5 years. Securities held in the Index are generally issued or guaranteed by the U.S. Treasury.
IssuerBMO Global Asset Management
Inception dateJanuary 20, 2021
ExchangeToronto Stock Exchange
CurrencyCAD
Risk ratingLow to Medium
Management fee0.15%
Set it, forget it, let compounding do the heavy lifting. ๐ช