Canadian Bonds

ZAG

BMO Aggregate Bond Index ETF · BMO ETFs

$13.42 CAD

-0.08% today

In plain English

ZAG is a ETF from BMO ETFs that broad canadian investment-grade bond exposure. It charges a of 0.09% per year and pays a distribution of about 3.6% (monthly).

MER

0.09%

Per issuer

Yield

3.60%

Monthly

AUM

$7.1B

Per issuer

Holdings

1,400

Per issuer

Risk level

Low

5y avg return

1.7%

Estimate

Asset mix

Equity0%

Bonds & cash100%

Category: Canadian Bonds

Sector allocation

Government71%
Corporate29%

Country allocation

Canada100%

Fund objective

Broad Canadian investment-grade bond exposure.

Investment strategy

Passive replication of the FTSE Canada Universe Bond Index.

Who typically uses this

Investors seeking a stability layer in a portfolio.

Potential benefits

· Reduces overall portfolio swings
· Regular monthly income

Potential risks

· Sensitive to interest rate changes
· Lower long-term returns than stocks

Top 10 holdings

Government of Canada 20331.9%
Province of Ontario 20321.6%

Smart insights

Tracks

This ETF tracks the FTSE Canada Universe.

Low fees

MER of 0.09% is among the lowest available in Canada.

Top sector

Government currently represents 71% of this ETF.

Geography

100% of the fund is concentrated in Canada.

Distributions

Pays roughly 3.6% per year, monthly.

Diversified

Holds 1,400 underlying positions — highly diversified.

Price history

Yahoo Finance · cached 10 min

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News about ZAG

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Terms used on this page

ETF

Exchange-Traded Fund. A basket of many investments you can buy in a single trade, like a stock.

Bond

A loan you make to a government or company. In return they pay you interest and give the money back later.

Index

A defined list of investments (like the S&P 500). Many ETFs are built to copy an index.

MER

Management Expense Ratio — the yearly percentage fee an ETF charges you. Lower is usually better.

Yield

Yearly income (like dividends or interest) expressed as a percentage of the price.

Diversification

Spreading your money across many investments so no single one can hurt you badly.

Similar ETFs

VAB

Vanguard Canadian Aggregate Bond Index ETF

MER 0.09%

ZSP

BMO S&P 500 Index ETF

BMO Low Volatility Canadian Equity ETF

MER 0.39%

Related market news

Rates

Bank of Canada holds overnight rate steady

The Bank of Canada kept its overnight rate unchanged, citing slowing inflation and mixed economic signals.

Inflation

Canadian inflation eases to 2.4%

Statistics Canada reported that the Consumer Price Index rose 2.4% year over year, down from the previous month.

Markets

TSX Composite closes at a record high

Canada's main stock index closed at a new all-time high, driven by strength in financials and materials.

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Historical returns are for education only and are not a prediction. Prices are illustrative unless a live indicator is shown.

Educational only. PassiveInvesting.ca is an educational platform. Information provided is for educational purposes only and should not be considered financial, legal, or tax advice. Always conduct your own research and consult a qualified professional before making investment decisions.