What does ZHY mean in TORONTO STOCK EXCHANGE
The Bank of Montreal High Yield United States Corporate Bond Hedged to CAD Index Exchange Traded Fund (BMO ZHY) is an investment fund that seeks to provide investors with exposure to the returns of a portfolio of high-yield U.S. corporate bonds that are hedged to Canadian dollar. It is managed by BMO Asset Management Inc. and listed on the Toronto Stock Exchange.
ZHY meaning in Toronto Stock Exchange in Business
ZHY mostly used in an acronym Toronto Stock Exchange in Category Business that means Bank of Montreal High Yield United States Corporate Bond Hedged to CAD Index Exchange Traded Fund
Shorthand: ZHY,
Full Form: Bank of Montreal High Yield United States Corporate Bond Hedged to CAD Index Exchange Traded Fund
For more information of "Bank of Montreal High Yield United States Corporate Bond Hedged to CAD Index Exchange Traded Fund", see the section below.
Essential Questions and Answers on Bank of Montreal High Yield United States Corporate Bond Hedged to CAD Index Exchange Traded Fund in "BUSINESS»TSX"
What does BMO ZHY stand for?
BMO ZHY stands for Bank of Montreal High Yield United States Corporate Bond Hedged to CAD Index Exchange Traded Fund.
Who manages the BMO ZHY ETF?
The Bank of Montreal High Yield United States Corporate Bond Hedged to CAD Index Exchange Traded Fund (BMO ZHY) is managed by BMO Asset Management Inc.
What type of investments does the BMO ZHY ETF hold?
The Bank of Montreal High Yield United States Corporate Bond Hedged to CAD Index Exchange Traded Fund (BMO ZHY) holds a portfolio of high-yield U.S. corporate bonds that are hedged to Canadian dollar.
Where is BMO ZHY traded?
The Bank of Montreal High Yield United States Corporate Bond Hedged to CAD Index Exchange Traded Fund (BMO ZHY) is listed on the Toronto Stock Exchange.
Is there an annual fee associated with investing in BMO ZHY?
Yes, there is an annual management fee associated with investing in the Bank of Montreal High Yield United States Corporate Bond Hedged to CAD Index Exchange Traded Fund (BMO ZHY). Please refer to its prospectus for details about its fees and expenses.
Final Words:
The Bank of Montreal High Yield United States Corporate Bond Hedged To CAD Index Exchange Traded Fund (BMOZHY) provides investors access to high yield U.S corporate bonds through a convenient and cost-effective exchange traded fund managed by one of Canada's largest asset management firms - BMO Asset Management Inc.. Investors should also make sure they understand all related fees and expenses before investing in this ETF.