Overview
Description
The BMO Mid-Term U.S. IG Corporate Fund is an investment fund that primarily seeks to provide investors with exposure to investment-grade corporate credit securities issued by U.S. companies. The fund targets mid-term maturity bonds, which typically range from three to ten years. These bonds are rated as investment grade, meaning they are considered less risky compared to high-yield categories. Managed under the banner of BMO, the fund aims to deliver steady income with an emphasis on capital preservation. It plays a crucial role in diversifying an investment portfolio by providing access to a wide array of corporate bonds from prominent sectors such as financials, industrials, and utilities. The fund is well-suited for investors looking to balance risk with yield in their fixed-income investments, making it a significant tool for attaining a reliable income stream in the fixed-income market.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE