BMO Long Corporate Bond Index ETF
public_traded
BMO Long Corporate Bond Index ETF is publicly traded on TSX under ticker ZLC.TO.
BMO Low Volatility International Equity Hedged to CAD ETF has been designed to provide exposure to a low beta weighted portfolio of international stocks in developed countries outside of North America. Beta measures the security's sensitivity to market movements. The ETF utilizes a rules based methodology to build a portfolio of less market sensitive stocks from a universe of international large cap stocks. The foreign currency exposure is hedged back to the Canadian dollar. The underlying portfolio is rebalanced in May and reconstituted in November. In addition, as ZLD is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.