HomeBMO Long Federal Bond Index ETF Review (ZFL) 2024ETF ProfilesETFsInvestingBMO Long Federal Bond Index ETF Review (ZFL) 2024

BMO Long Federal Bond Index ETF Review (ZFL) 2024

BMO Long Federal Bond Index ETF Review (ZFL) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 82/100
This fixed income ETF has an MER of 0.22%. With lower than average fees, it’s a cost-effective option. Managing 1,579 million in assets, it’s less popular among investors. Suitable for those preferring stability with a low to medium risk tolerance.
 
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

ZFL 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 Federal Bond Index (ZFL) 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 Federal Bond Index ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.22%. This ETF trades on the TSX exchange.

ZFL stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $1579MM

Expense Ratio: 0.22%

Price: $13.16 (Updated: 3/7/2024)



The BMO Long Federal Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE TMX Canada Long Term Federal 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 issued or guaranteed by the Government of Canada, by various agencies of the Government of Canada, and by various instrumentalities that have been established or sponsored by the Government of Canada.

BMO Long Federal Bond Index (ZFL) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00
Consumer Cyclicals00
Financial Services00
Real Estate00
Communication Services00
Energy00
Industrials00
Technology00
Consumer Defensive00
Healthcare00
Utilities00

BMO Long Federal Bond Index (ZFL) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials00
Consumer Cyclicals00
Financial Services00
Real Estate00
Communication Services00
Energy00
Industrials00
Technology00
Consumer Defensive00
Healthcare00
Utilities00

BMO Long Federal Bond Index (ZFL) Geographic Breakdown

RegionEquity %Relative to Category
North America00
United Kingdom00
Europe Developed00
Europe Emerging00
Africa/Middle East00
Japan00
Australasia00
Asia Developed00
Asia Emerging00
Latin America00

ZFL Management Expense Ratio

ZFL has a management expense ratio of  0.22% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  BMO Long Federal Bond Index TSX ETF

You can buy  ZFL 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:  
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