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ZAG

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--%
1d
1w
1m

Analysis and statistics

  • Open
    13.8324$
  • Previous Close
    13.738$
  • 52 Week Change
    --
  • Day Range
    0.09$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

ZAG.TO is the ticker symbol for the BMO Aggregate Bond Index ETF traded on the Toronto Stock Exchange (TSX). This Exchange Traded Fund (ETF) aims to replicate the performance of a broad Canadian investment-grade fixed-income market benchmark, the FTSE Canada Universe Bond Index. It provides investors with diversified exposure to a portfolio of Canadian government and corporate bonds, encompassing a range of maturities and credit ratings, offering a relatively low-cost and liquid way to invest in the Canadian bond market.
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Factors

Interest Rates: Changes in interest rates significantly impact ZAG.TO as it holds Canadian government and corporate bonds. Rising rates typically decrease bond values, lowering the ETF's price.

Credit Spreads: Widening credit spreads, reflecting increased risk aversion, can negatively affect ZAG.TO's price, especially corporate bonds within the ETF.

Inflation Expectations: Higher inflation erodes the real value of fixed-income securities, potentially causing a decline in ZAG.TO's price.

Economic Growth: Strong economic growth may lead to expectations of higher interest rates, negatively affecting bond prices and ZAG.TO.

Supply and Demand: Overall investor demand for fixed income and specifically ZAG.TO impacts its price. Increased demand drives up the price, while increased selling pressure lowers it.

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