Overview
Description
The BMO Short Corporate Bond Index Fund is an exchange-traded fund designed to provide investors with exposure to a diversified portfolio of short-term Canadian corporate bonds. This fund primarily focuses on bonds that are investment-grade, meaning they have a relatively low risk of default and offer a stable income stream. By investing in short-term bonds, this fund aims to mitigate the interest rate risk associated with longer-dated securities, making it an attractive option for investors seeking capital preservation and income in a low-risk environment. The BMO Short Corporate Bond Index Fund is significant in the financial market for its ability to offer a blend of safety and yield, which can serve as a strategic allocation within a broader portfolio framework. It is particularly beneficial for conservative investors and those seeking to balance risk within their fixed-income investments.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE