FMP
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.
14.56 CAD
-0.04 (-0.275%)
Valuation Date:
Apr 17, 2024 2:59 PM
Share Price on Valuation Date
$14.56
Stock Beta
-0.3
Shares Outstanding
6180015