FMP
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF
ZSU.TO
TSX
The fund provides exposure to short-term, USD-denominated, fixed-rate, taxable corporate bonds. The index holds investment-grade securities with 1-5 year remaining to maturity. Securities are weighted by market value and includes the three largest issues from each issuer. The index undergoes monthly rebalance and uses derivative instruments to hedge the USD currency exposure back to the Canadian dollar. The fund aims to hold the constituent securities of the index, but the Manager may also use a sampling methodology in selecting investments which uses quantitative analysis to select bonds that resemble index constituents in terms of key risk factors, performance attributes, industry weightings, market capitalization and other appropriate financial characteristics.
13.37 CAD
0.03 (0.224%)
EBIT (Operating profit)(Operating income)(Operating earning) = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) EBIT = (1*) (2*) -> operating process (leverage -> interest -> EBT -> tax -> net Income) EBITDA = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) + Depreciation + amortization EBITA = (1*) (2*) (3*) (4*) company's CURRENT operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow) -> performance of a company (1*) discounting the effects of interest payments from different forms of financing (by ignoring interest payments), (2*) political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill) (3*) collections of assets (by ignoring depreciation of assets) (4*) different takeover histories (by ignoring amortization often stemming from goodwill)
