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ZIC

TSX
18.33000 CAD
0.04
0.22%
Last update Aug 29, 3:59 PM EDT
Market closed
Day range
18.31000
18.44000
Previous close
18.37000
Open
18.44000
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BMO Mid-Term US Investment Grade Corporate Fu...
18.33
0.04
0.22%

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 3 days 11 hours

20:59
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).