Question 1

What is ZIC?

Accepted Answer

ZIC (BMO Mid-Term US IG Corporate Bond Index ETF (CAD)) is a Canadian-listed ETF trading on the TSX in the Global Corporate Fixed Income category. It tracks the Morningstar Gbl Corp Bd GR CAD.

Question 2

What is the ZIC ETF price today?

Accepted Answer

ZIC last traded at $18.90 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZIC MER (management expense ratio)?

Accepted Answer

ZIC has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, ZIC is considered a low-cost ETF.

Question 4

What are ZIC annualised returns?

Accepted Answer

ZIC historical returns: YTD: +2.36%, 1-year: +8.19%, 3-year annualised: +7.53%, 5-year annualised: +3.75%, 10-year annualised: +3.69%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.48, which measures risk-adjusted return.

Question 5

Does ZIC pay dividends or distributions?

Accepted Answer

Yes, ZIC distributes income to unitholders. The current distribution yield is approximately 4.34%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does ZIC invest in?

Accepted Answer

ZIC's top holdings include CVS Health Corp 4.3% (null, 0.8%), T-Mobile USA, Inc. 3.88% (null, 0.8%), AbbVie Inc. 3.2% (null, 0.6%), The Boeing Company 5.15% (null, 0.6%), Anheuser-Busch InBev Worldwide Inc. 4.75% (null, 0.5%) — and 4 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Corp Bd GR CAD.

Question 7

What sectors does ZIC invest in?

Accepted Answer

ZIC's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is ZIC? (Assets under management)

Accepted Answer

ZIC has approximately $3.76B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was ZIC launched?

Accepted Answer

ZIC was launched on March 19, 2013, giving it a 13-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy ZIC in Canada?

Accepted Answer

ZIC trades on the TSX under the ticker ZIC. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is ZIC?

Accepted Answer

ZIC has a 1-year volatility of 5.01% and a beta of 1.08 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.48 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-06-25	$18.90	$18.90	$18.90	$18.90	$18.90	1,925
2026-06-24	$18.79	$18.94	$18.79	$18.94	$18.94	5,607
2026-06-23	$18.76	$18.79	$18.76	$18.79	$18.79	1,258
2026-06-22	$18.58	$18.72	$18.58	$18.72	$18.72	806
2026-06-19	$18.71	$18.71	$18.71	$18.71	$18.71	0
2026-06-18	$18.59	$18.72	$18.59	$18.72	$18.72	1,325
2026-06-17	$18.57	$18.64	$18.57	$18.64	$18.64	14,926
2026-06-16	$18.54	$18.57	$18.54	$18.57	$18.57	4,941
2026-06-15	$18.54	$18.55	$18.52	$18.52	$18.52	5,562
2026-06-12	$18.51	$18.51	$18.51	$18.51	$18.51	938

#	Name	Weight
1	CVS Health Corp 4.3%	0.84%
2	T-Mobile USA, Inc. 3.88%	0.81%
3	AbbVie Inc. 3.2%	0.61%
4	The Boeing Company 5.15%	0.55%
5	Anheuser-Busch InBev Worldwide Inc. 4.75%	0.53%
6	Verizon Communications Inc. 4.33%	0.51%
7	Citigroup Inc.	0.49%
8	Bank of America Corporation	0.48%
9	Comcast Corporation 4.15%	0.48%

Sector	Weight
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

BMO Mid-Term US IG Corporate Bond Index ETF (CAD) (ZIC : TSX)

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

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