Company Data
BMO Floating Rate High Yield ETF
Ticker
ZFH:CA
Current Price
$15.05 -0.53%
Price Target
Refer to Report
Volume
19.1K
52wk Range
$14.36 - $15.17
Overview
The ETF seeks to provide exposure to a diversified portfolio of debt securities of high yield bond issuers while aiming to mitigate the effects of interest rate fluctuations. The ETF will primarily hold securities and derivative instruments that provide exposure to the credit risk of non-investment grade issuers, and Government of Canada T-Bills. To gain high yield credit exposure, the ETF may invest directly in debt securities, other ETFs, mutual funds or public investments and may utilize derivatives, such as credit default swaps (CDS), indices of CDS, interest rate swaps and other derivatives.