Introducing Twelve Converter! Real-time currency rates at your fingertips. Available on Android, iOS soon!

ZIC

TSX
17.86000 CAD
0.09
0.51%
Last update Jun 17, 2:41 PM EDT
Market closed
Day range
17.79000
17.87000
Previous close
17.77000
Open
17.79000
Access this ETF data via API
Subscribe
BMO Mid-Term US Investment Grade Corporate Fu...
17.86
0.09
0.51%

Overview

Description

The BMO Mid-Term US Investment Grade Corporate Fund is an exchange-traded fund designed to provide investors with exposure to a diversified portfolio of U.S. investment-grade corporate bonds, specifically targeting medium-term maturities. Its primary function is to generate income with a relatively stable credit risk by investing in bonds issued by corporations that have been rated as investment-grade by leading rating agencies. Key sectors impacted by this fund include finance, technology, healthcare, and industrials, as it invests in a broad array of companies within those industries. The fund's significance in the market lies in its strategic focus on medium-term bonds, offering a balance between duration risk and interest rate sensitivity. This makes it an attractive option for investors looking to achieve stable returns while mitigating the higher volatility associated with longer-duration bonds. By providing access to a high-quality bond portfolio through a single security, the BMO Mid-Term US Investment Grade Corporate Fund plays a crucial role for those seeking income and moderate growth potential, especially in portfolios that emphasize fixed-income diversification.

About

Address
Phone
+1 8003611392
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE
Market closed

Exchange is currently closed
Pre-market opens in 1 minute

07:58
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).