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Floating Rate Loan
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2024, 2021, 2020, 2019, 2017
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|
NAVPS (05-30-2025) |
$14.81 |
|---|---|
| Change |
$0.01
(0.07%)
|
As at April 30, 2025
As at April 30, 2025
Inception Return (February 10, 2014): 4.97%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | -0.80% | -2.26% | 0.84% | -1.25% | 6.66% | 10.02% | 9.32% | 6.22% | 7.35% | 4.54% | 4.83% | 4.65% | 5.32% | 5.10% |
| Benchmark | 0.14% | 4.36% | 6.01% | 6.05% | 13.32% | 11.58% | 12.83% | 7.78% | 8.77% | 5.59% | 4.92% | 4.72% | 5.80% | 5.74% |
| Category Average | -0.59% | -1.59% | 0.25% | -1.10% | 3.21% | 5.86% | 4.12% | 3.25% | 5.24% | 2.70% | 2.79% | 2.97% | 3.45% | 2.93% |
| Category Rank | 21 / 77 | 55 / 77 | 21 / 77 | 37 / 77 | 4 / 77 | 2 / 76 | 5 / 76 | 12 / 75 | 12 / 75 | 18 / 70 | 15 / 67 | 7 / 60 | 9 / 56 | 6 / 54 |
| Quartile Ranking | 2 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.54% | 0.23% | 1.29% | 0.91% | 1.26% | 0.41% | 2.17% | -0.05% | 1.03% | 0.04% | -1.50% | -0.80% |
| Benchmark | 1.58% | -0.30% | 2.37% | 0.46% | 1.62% | 0.99% | -1.53% | 1.52% | 1.61% | 0.58% | 3.62% | 0.14% |
5.46% (November 2020)
-11.74% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.54% | 11.00% | 5.47% | 0.95% | 11.12% | -3.56% | 4.15% | -0.10% | 13.36% | 11.47% |
| Benchmark | 11.20% | 4.59% | 6.15% | 2.81% | 1.22% | 5.27% | -0.97% | -0.86% | 14.42% | 11.13% |
| Category Average | -0.88% | 8.41% | 4.02% | 0.32% | 6.37% | -0.22% | 4.16% | -4.30% | 9.97% | 6.92% |
| Quartile Ranking | 2 | 1 | 2 | 3 | 1 | 4 | 2 | 2 | 1 | 1 |
| Category Rank | 17/ 54 | 7/ 55 | 21/ 58 | 40/ 67 | 1/ 69 | 75/ 75 | 37/ 75 | 20/ 75 | 2/ 76 | 10/ 77 |
13.36% (2023)
-3.56% (2020)
| Name | Percent |
|---|---|
| Cash and Equivalents | 95.99 |
| Derivatives | 4.01 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 95.99 |
| Other | 4.01 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Canada Government 18-Jun-2025 | 45.57 |
| Canada Government 04-Jun-2025 | 38.65 |
| S2679215 CDS USD R F 5.00000 590420516 CCPCDX | 25.44 |
| S2679211 CDS USD R F 5.00000 590420482 CCPCDX | 23.58 |
| S2679216 CDS USD R F 5.00000 590420528 CCPCDX | 23.42 |
| S2679210 CDS USD R F 5.00000 590420474 CCPCDX | 23.02 |
| Canada Government 24-Sep-2025 | 12.04 |
| CANADIAN DOLLAR | 0.02 |
| US DOLLAR | -0.29 |
| S2679210 CDS USD P V 03MEVENT 590420473 CCPCDX | -22.05 |
BMO Floating Rate High Yield ETF
Median
Other - Floating Rate Loan
| Standard Deviation | 6.03% | 5.96% | 6.46% |
|---|---|---|---|
| Beta | 0.20% | 0.29% | 0.39% |
| Alpha | 0.07% | 0.05% | 0.03% |
| Rsquared | 0.05% | 0.10% | 0.20% |
| Sharpe | 0.86% | 0.82% | 0.54% |
| Sortino | 1.85% | 1.28% | 0.46% |
| Treynor | 0.26% | 0.17% | 0.09% |
| Tax Efficiency | 69.82% | 67.01% | 58.22% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.59% | 6.03% | 5.96% | 6.46% |
| Beta | -0.30% | 0.20% | 0.29% | 0.39% |
| Alpha | 0.10% | 0.07% | 0.05% | 0.03% |
| Rsquared | 0.15% | 0.05% | 0.10% | 0.20% |
| Sharpe | 0.78% | 0.86% | 0.82% | 0.54% |
| Sortino | 1.69% | 1.85% | 1.28% | 0.46% |
| Treynor | -0.09% | 0.26% | 0.17% | 0.09% |
| Tax Efficiency | 56.86% | 69.82% | 67.01% | 58.22% |
| Start Date | February 10, 2014 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $177 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
BMO Floating Rate High Yield ETF provides exposure to high yield credit with minimal duration risks. The Fund invests in CAD T-Bills targeting an average weighted maturity of 90 days to minimize interest rate risk.
To enhance the yield, ZFH gains exposure to a diversified basket of US high yield (non-investment grade) issuers through the use of credit default swaps (CDS). Exposure through CDS provides the fund with several benefits, including central clearing, liquidity, pricing transparency, counterparty assurance, and regulatory oversight.
| Portfolio Manager |
BMO Asset Management Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
BMO Asset Management Inc. |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
State Street Trust Company Canada |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 0.45% |
|---|---|
| Management Fee | 0.40% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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