What Is ZTIP.U?
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 US Treasury Inflation Protected Securities (TIPS) with a term to maturity of less than five years. Securities held in the Index are generally issued or guaranteed by the U.S. Treasury. The ETF trades in U.S. dollars on the TSX.
Set it, forget it, let compounding do the heavy lifting. ๐ช