FMP
BMO Floating Rate High Yield ETF
ZFH.TO
TSX
The fund actively manages a portfolio of Canadian government short-term bonds to minimize interest rate and currency risk while holding credit default swaps (CDS) to enhance yields. The CDS provide exposure to a diversified basket of US high yield or non-investment grade issuers. The CDS is believed to benefit the fund by having a central clearing, liquidity, pricing transparency, counterparty assurance, and regulatory oversight. ZFH may invest in the following securities to achieve its objectives: other ETFs, mutual funds or other investment funds and derivatives, such as, indices of CDS, and interest rate swaps.
14.7 CAD
0.02 (0.136%)
About
ceo
N/A
sector
Financial Services
industry
Asset Management
website
N/A
exchange
TSX
Description
The fund actively manages a portfolio of Canadian government short-term bonds to minimize interest rate and currency risk while holding credit default swaps (CDS) to enhance yields. The CDS provide exposure to a diversified basket of US high yield or non-investment grade issuers. The CDS is believed to benefit the fund by having a central clearing, liquidity, pricing transparency, counterparty assurance, and regulatory oversight. ZFH may invest in the following securities to achieve its objectives: other ETFs, mutual funds or other investment funds and derivatives, such as, indices of CDS, and interest rate swaps.
CIK
N/A
ISIN
CA05579G1046
CUSIP
N/A
Address
N/A
Phone
NA
Country
CA
Employee
N/A
IPO Date
Feb 14, 2014
Key Executives
