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BMO Mid-Term US IG Corporate Bond Index ETF (TSX: ZIC)
TSX:ZIC (BMO Mid-Term US IG Corporate Bond Index ETF)
The ETF seeks to replicate, to the extent possible, the performance of a mid-term U.S. investment grade corporate bond index, net of expenses. Currently, the ETF seeks to replicate the performance of the Bloomberg US Investment Grade 5 to 10 Year Corporate Bond Capped Index (the Index). The investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are reflected in the Index.