Question 1

What is ZMMK?

Accepted Answer

ZMMK — BMO Money Market Fund ETF Series — is a Canadian-listed ETF trading on the TSX. BMO Money Market ETF seeks to provide income and liquidity consistent with short-term money market rates while preserving capital by investing primarily in Canadian dollar-denominated money market securities and other instruments.

Question 2

What is the ZMMK ETF price today?

Accepted Answer

ZMMK last traded at $49.84 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the ZMMK MER (management expense ratio)?

Accepted Answer

ZMMK has a management expense ratio (MER) of 0.12% 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 0.12%, ZMMK is considered a low-cost ETF.

Question 4

What are ZMMK annualised returns?

Accepted Answer

ZMMK historical returns: YTD: +0.02%, 1-year: +2.39%, 3-year annualised: +3.59%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 3.15, which measures risk-adjusted return.

Question 5

Does ZMMK pay dividends or distributions?

Accepted Answer

Yes, ZMMK distributes income to unitholders. The current distribution yield is approximately 3.12%, 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 sectors does ZMMK invest in?

Accepted Answer

ZMMK's largest sector exposures are Energy (0.0%), Utilities (0.0%), Healthcare (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is ZMMK? (Assets under management)

Accepted Answer

ZMMK has approximately $5.96B 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 8

When was ZMMK launched?

Accepted Answer

ZMMK was launched on November 29, 2021, giving it a 5-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy ZMMK in Canada?

Accepted Answer

ZMMK trades on the TSX under the ticker ZMMK. 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 10

How risky is ZMMK?

Accepted Answer

ZMMK has a 1-year volatility of 0.04% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of 3.15 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-10-01	$49.83	$49.84	$49.83	$49.84	$49.84	247,878
2026-09-30	$49.83	$49.84	$49.83	$49.83	$49.83	355,247
2026-09-29	$49.83	$49.84	$49.82	$49.83	$49.83	312,887
2026-09-28	$49.92	$49.93	$49.92	$49.92	$49.92	456,611
2026-09-25	$49.92	$49.92	$49.91	$49.91	$49.91	136,037
2026-09-24	$49.91	$49.91	$49.90	$49.90	$49.90	172,220
2026-09-23	$49.90	$49.91	$49.90	$49.90	$49.90	153,772
2026-09-22	$49.91	$49.91	$49.90	$49.90	$49.90	242,916
2026-09-21	$49.90	$49.90	$49.89	$49.90	$49.90	217,788
2026-09-18	$49.89	$49.89	$49.88	$49.89	$49.89	111,119

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

Ticker	Name	Price	1D
MSTU		$43.77	+9.62%
OILU		$59.51	+6.19%
HOU	BetaPro Crude Oil Daily Bull ETF	$26.42	+5.98%
MUU		$19.42	+5.72%
RDDY	Harvest Reddit Enhanced High Income Shares ETF	$4.63	+5.71%
MSTE	Harvest MicroStrategy Enhanced High Income Shares ETF - Class A Units	$2.85	+4.40%
CSHI	Ninepoint Constellation Software HighShares ETF	$12.40	+4.11%
HND	BetaPro Natural Gas 2x Daily Bear	$24.40	+4.01%

CIBC Investor's Edge

BMO Money Market Fund ETF Series (ZMMK : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Sector Weights

About BMO Money Market Fund ETF Series

ETF Details

7 stocks to buy and hold forever

Compare ZMMK

Explore More

Compare ZMMK vs Similar ETFs

Frequently Asked Questions — ZMMK

What is ZMMK?

What is the ZMMK ETF price today?

What is the ZMMK MER (management expense ratio)?

What are ZMMK annualised returns?

Does ZMMK pay dividends or distributions?

What sectors does ZMMK invest in?

How large is ZMMK? (Assets under management)

When was ZMMK launched?

How do I buy ZMMK in Canada?

How risky is ZMMK?

Recent ETF movers

ZMMK.TO news timeline

BMO Money Market Fund ETF Series (ZMMK.TO) raised its dividend to CA$0.1

August 2026

February 2026

July 2024

Period	Return
YTD	+0.02%
1 Year	+2.39%
3 Year (Ann.)	+3.59%
1Y Volatility	0.04%
Sharpe Ratio (3Y)	3.15