BMO High Yield US Corporate Bond Hedged to CAD Index ETF T.ZHY

Alternate Symbol(s): ZHYXF

BMO High Yield US Corporate Bond Hedged to CAD Index Fund is an exchange traded fund launched and managed by BMO Asset Management Inc. The fund invests in the fixed income markets of the United States. It invests in US dollar denominated high yield fixed rate corporate bonds with maturities of greater than one year. The fund invest through other funds and through derivatives instruments to hedge its foreign currency exposure back to Canadian dollars. It seeks to replicate the performance of the Bloomberg U.S. High Yield Very Liquid Index CAD Hedged, by using full replication technique. BMO High Yield US Corporate Bond Hedged to CAD Index Fund was formed on October 16, 2009 and is domiciled in Canada.

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BMO High Yield US Corporate Bond Hedged to CAD Index ETF

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Post by PickyInveston Dec 18, 2014 10:36am

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Its a good long term hold

A mixture of a fixed income instrument, also provides exposure to US economic recovery...Sadly i can't find a non-hedged fund on a CDN exchange, it would be good to play the currency curve as well.

Down a bit on "interest rate" concerns but as theese are high yield and therefore short term, the portfolio will roll over quickly.

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