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ZFH.TO - BMO Floating Rate Hi...

Terminal Value of BMO Floating Rate High Yield ETF(ZFH.TO), The fund actively manages a portfolio of Canadian government short-term bonds to minimize interest r

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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

-0.06 (-0.408%)

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FMP

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