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 $49.90 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: +0.14%, 1-year: +2.48%, 3-year annualised: +3.84%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 2.98, 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 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 7

How large is ZMMK? (Assets under management)

Accepted Answer

ZMMK has approximately $5.69B 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 0.06% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of 2.98 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
2026-06-22	$49.90	$49.91	$49.90	$49.90	$49.90	321,891
2026-06-19	$49.90	$49.90	$49.89	$49.89	$49.89	231,879
2026-06-18	$49.88	$49.89	$49.88	$49.88	$49.88	255,860
2026-06-17	$49.89	$49.89	$49.88	$49.88	$49.88	249,719
2026-06-16	$49.88	$49.89	$49.88	$49.88	$49.88	155,531
2026-06-15	$49.87	$49.88	$49.87	$49.87	$49.87	267,118
2026-06-12	$49.87	$49.87	$49.86	$49.87	$49.87	186,757
2026-06-11	$49.87	$49.87	$49.86	$49.86	$49.86	162,749
2026-06-10	$49.87	$49.87	$49.86	$49.87	$49.87	203,823
2026-06-09	$49.86	$49.86	$49.85	$49.85	$49.85	206,936

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 Money Market Fund ETF Series (ZMMK : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Sector Weights

About BMO Money Market Fund ETF Series

ETF Details

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Frequently Asked Questions — ZMMK