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ZRR

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1d
1w
1m

Analysis and statistics

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About

ZRR.TO represents the BMO Long Federal Bond Index ETF, an exchange-traded fund listed on the Toronto Stock Exchange. This ETF aims to replicate, to the extent possible, the performance of a Canadian federal government bond index that has a longer term to maturity. It invests primarily in Canadian federal government bonds, providing investors with exposure to the long-term federal bond market.
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Factors

Underlying Bond Prices: ZRR.TO's price is heavily influenced by the market value of the Canadian government real return bonds it holds. When bond yields rise, prices fall, and vice versa.

Inflation Expectations: As a real return bond ETF, ZRR.TO is sensitive to inflation expectations. Higher expected inflation boosts demand, increasing its price.

Interest Rate Policy: The Bank of Canada's interest rate decisions impact bond yields and subsequently, ZRR.TO's price. Rate hikes usually depress prices.

Supply and Demand: General investor sentiment and trading activity for ZRR.TO itself can cause price fluctuations, independent of underlying bond movements.

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