HomeBMO Short Corporate Bond Index ETF Review (ZCS) 2024ETF ProfilesETFsInvestingBMO Short Corporate Bond Index ETF Review (ZCS) 2024

BMO Short Corporate Bond Index ETF Review (ZCS) 2024

BMO Short Corporate Bond Index ETF Review (ZCS) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 82/100
This fixed income ETF has an MER of 0.20%. With lower than average fees, it’s a cost-effective option. Managing 860 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.

ZCS 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 Short Corporate Bond Index (ZCS) 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 Short 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 0.20%. This ETF trades on the TSX exchange.

ZCS stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $860MM

Expense Ratio: 0.20%

Price: $13.43 (Updated: 3/7/2024)



The BMO Short Corporate Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE TMX Canada Short Term Corporate Bond Index, net of expenses. BMO Short Corporate Bond ETF invests in a variety of debt securities primarily with a term to maturity between one and five years. Securities held in the Index are generally corporate bonds issued domestically in Canada in Canadian dollars, with an investment grade rating.

BMO Short Corporate Bond Index (ZCS) Sector Breakdown

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

BMO Short Corporate Bond Index (ZCS) Sector Breakdown

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

BMO Short Corporate Bond Index (ZCS) 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

ZCS Management Expense Ratio

ZCS has a management expense ratio of  0.20% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  BMO Short Corporate Bond Index TSX ETF

You can buy  ZCS 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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