ZLC trades on the TSX exchange.
Looking to invest in fixed income? Consider an fixed income ETF as an easy way to get access. The BMO Long Corporate Bond Index (ZLC) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.
What is the BMO Long Corporate Bond Index ETF
A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.34%. This ETF trades on the TSX exchange.ZLC stock price and other stats
ETF Key Stats
Exchange: TSX
Assets Under Management: $127MM
Expense Ratio: 0.34%
Price: $15.23 (Updated: 3/7/2024)
The BMO Long Corporate Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE TMX Canada Long Term Corporate Bond Index, net of expenses. The Fund invests in a variety of debt securities primarily with a term to maturity greater than ten years. Securities held in the Index are generally corporate bonds issued domestically in Canada in Canadian dollars, with an investment grade rating.
BMO Long Corporate Bond Index (ZLC) Sector Breakdown
Sector | Equity % | Relative to Category |
---|---|---|
Basic Materials | 0 | 0 |
Consumer Cyclicals | 0 | 0 |
Financial Services | 0 | 0 |
Real Estate | 0 | 0 |
Communication Services | 0 | 0 |
Energy | 0 | 0 |
Industrials | 0 | 0 |
Technology | 0 | 0 |
Consumer Defensive | 0 | 0 |
Healthcare | 0 | 0 |
Utilities | 0 | 0 |
BMO Long Corporate Bond Index (ZLC) Sector Breakdown
Sector | Equity % | Relative to Category |
---|---|---|
Basic Materials | 0 | 0 |
Consumer Cyclicals | 0 | 0 |
Financial Services | 0 | 0 |
Real Estate | 0 | 0 |
Communication Services | 0 | 0 |
Energy | 0 | 0 |
Industrials | 0 | 0 |
Technology | 0 | 0 |
Consumer Defensive | 0 | 0 |
Healthcare | 0 | 0 |
Utilities | 0 | 0 |
BMO Long Corporate Bond Index (ZLC) Geographic Breakdown
Region | Equity % | Relative to Category |
---|---|---|
North America | 0 | 0 |
United Kingdom | 0 | 0 |
Europe Developed | 0 | 0 |
Europe Emerging | 0 | 0 |
Africa/Middle East | 0 | 0 |
Japan | 0 | 0 |
Australasia | 0 | 0 |
Asia Developed | 0 | 0 |
Asia Emerging | 0 | 0 |
Latin America | 0 | 0 |
ZLC Management Expense Ratio
ZLC has a management expense ratio of 0.34% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.How to Buy BMO Long Corporate Bond Index TSX ETF
You can buy ZLC on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:Image | Product Title | Features | Price |
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