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BMO Corporate Bond Index ETF
ZCB (BMO Corporate Bond Index ETF) is an index Canadian Equity ETF by BMO. With a 0.15% MER, it provides diversified exposure. Quarterly distribution with a 4.09% yield.
ZCB by BMO is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.15% MER makes it one of the most cost-effective options in its category. It pays a quarterly distribution with a 4.09% yield, making it attractive for income-seeking investors.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.