ZXCP

BMO Target 2028 Canadian Corporate Bond ETF seeks to provide income for a limited period of time approximately ending on November 24, 2028, the Fund Maturity Date. By investing primarily in investment-grade debt instruments of issuers in Canada that have an effective maturity in 2028 or within the twelve months preceding the Fund Maturity Date, and by using derivatives to implement a hedging strategy designed to minimize reinvestment risk in 2028 as a result of staggered bond maturity dates.

Set it, forget it, let compounding do the heavy lifting. 💪