ZAG - BMO Aggregate Bond Index ETF

Portfolio Strategy

BMO Aggregate Bond Index ETF (ZAG) has been designed to replicate, to the extent possible, the performance of the FTSE Canada UniverseXM Bond Index™, net of expenses. The Fund invests in a variety of debt securities primarily with a term to maturity greater than one year. Securities held in the Index are a broad measure of the Canadian investment-grade fixed income market consisting of Federal, Provincial and Corporate bonds. In addition, as ZAG is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.

Benchmark Info

The FTSE Canada UniverseXM Bond IndexTM is designed to be a broad measure of the Canadian investment-grade fixed income market consisting of Government of Canada (including Crown Corporations), Provincial and Corporate bonds. The index consists of semi-annual pay fixed rate bonds denominated in Canadian dollars, with an effective term to maturity of greater than one year and a credit rating of BBB or higher. Each security in the index is weighted by its relative market capitalization and rebalanced on a daily basis.

Benefits

  • Designed for investors looking for consistent income
  • Invested in a diversified portfolio of federal, provincial, and corporate bonds 
  • Includes bonds with greater than one year to maturity
  • Professionally managed by BMO Global Asset Management

Full details: ZAG - BMO Aggregate Bond Index ETF

Latest insights

Woman taking care of plants
November 2021

COP26: Private and public sectors pledge to work together to fight the climate crisis

If there’s one overarching message to come out of COP26, it’s that it’s not just governments that are prepared to fight the climate crisis.
Air show
November 2021

November Monthly MAST Commentary: Equities Surge Back to New Highs

Investors were comforted by a solid earnings season in the U.S. where revenues and earnings beat expectations.
Glacier against the backdrop of snow-capped mountains
October 2021

Good COP or bad COP?: What to look out for from the COP26 Climate Conference

World leaders will be gathering in Glasgow for the COP26 climate negotiations. After a year which has seen yet more record-breaking temperatures and severe weather events, the urgency of taking action is clearer than ever.
Young professional writing blog banner
October 2021

October Monthly MAST Commentary: Too Many Clouds Gather of Near-Term Economic and Market Outlook

Investors had little positive news in September and global equities ended their seven-month positive streak.
Filling in the ballot during voting

Canadian Federal Elections: Copy and Paste Government

Canadians largely voted to keep the status quo in Ottawa with a seat count that is left virtually identical.
Girl flying a kite
September 2021

September Monthly MAST Commentary: Strong Earnings Allow Global Equities to Defy Gravity