Overview
Description
BMO Target 2029 Corporate Bond ETF is a fixed-income exchange-traded fund designed to target corporate bonds maturing in the year 2029. This ETF focuses on providing investors with a diversified portfolio of investment-grade corporate bonds, aiming to deliver stable income over a defined period. It plays a crucial role in allowing investors to manage interest rate risk while pursuing consistent returns within a specific duration. The fund is part of a broader effort to meet long-term financial goals by matching investment horizons with bond maturity dates. This ETF holds bonds in various sectors, offering broad exposure to the fixed-income market. Enabled by BMO Global Asset Management, it provides a strategic opportunity for investors to engage with corporate bonds without directly purchasing individual securities. This structured maturity means investors can better plan for cash flow needs, making it an integral tool for those managing timelines or liabilities in their financial planning. The BMO Target 2029 Corporate Bond ETF is listed on a public exchange, offering tradability and transparency characteristic of ETFs.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE