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ZIC

NEO
17.95000 CAD
0.02
0.11%
Last update May 29, 3:33 PM EDT
Market closed
Day range
17.92000
17.95000
Previous close
17.97000
Open
17.95000
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BMO Mid-Term U.S. IG Corporate Fund
17.95
0.02
0.11%

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
Phone
Website
Instrument type
ETF
Country
Canada
MIC code
NEOE
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