BMO Monthly Income E.T.F.

ZMI-T

Analysis and Opinions about ZMI-T

Signal
Opinion
Expert
BUY
BUY
January 13, 2020
[As sole holding]. It is a yield focused balanced fund made up of a bunch of ETFs that are more yield-centric. The only criticism is that there is probably too much exposure to Canada. When it is in a registered account then you don’t get the benefit of the dividend tax credit. Making it the only holding in an account there is 'manager risk' and perhaps there is too much concentration in Canada if it is in a registered account. Otherwise it is not a bad idea.
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[As sole holding]. It is a yield focused balanced fund made up of a bunch of ETFs that are more yield-centric. The only criticism is that there is probably too much exposure to Canada. When it is in a registered account then you don’t get the benefit of the dividend tax credit. Making it the only holding in an account there is 'manager risk' and perhaps there is too much concentration in Canada if it is in a registered account. Otherwise it is not a bad idea.
BUY
BUY
July 23, 2019
For an RRSP? Yes, it's a good product. For an RRSP, yes, it's a good idea, but you can also hold it in a taxable account just as well.
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For an RRSP? Yes, it's a good product. For an RRSP, yes, it's a good idea, but you can also hold it in a taxable account just as well.
BUY
BUY
March 12, 2019
Likes it. It's a one-ticket solution to get a full portfolio that pays a little yield; an active ETF constructed from other BMO ETFs, an ETF of ETFs. This has been around for a while. It's a good, conservative pick. Tip: Compare ZMI to VCIP and see which one you prefer.
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Likes it. It's a one-ticket solution to get a full portfolio that pays a little yield; an active ETF constructed from other BMO ETFs, an ETF of ETFs. This has been around for a while. It's a good, conservative pick. Tip: Compare ZMI to VCIP and see which one you prefer.
COMMENT
COMMENT
February 25, 2019
ZMI vs. ZZZD ZMI is a balanced income-focused ETF. ZZZD is his own ETF that he manages--a sleep-at-night global dividend ETF. ZMI is a lot more fixed income (to preserve capital) and is far more passively managed vs. ZZZD which is active, hence riskier. Very different focuses, but both generate a lot of income.
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ZMI vs. ZZZD ZMI is a balanced income-focused ETF. ZZZD is his own ETF that he manages--a sleep-at-night global dividend ETF. ZMI is a lot more fixed income (to preserve capital) and is far more passively managed vs. ZZZD which is active, hence riskier. Very different focuses, but both generate a lot of income.
BUY
BUY
February 25, 2019
An active ETF that's a safe dividend payer? Be defensive late in the cycle now. There are many, many ways to play this, but he'll suggest ZZZD which he manages, or particularly ZMI.
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An active ETF that's a safe dividend payer? Be defensive late in the cycle now. There are many, many ways to play this, but he'll suggest ZZZD which he manages, or particularly ZMI.
COMMENT
COMMENT
August 13, 2014

A safe monthly income for a retiree without the worry about market swings? On any monthly income vehicle, you have to be very careful. If this had existed in 2008, it would’ve dropped about 20%-25%. Also, make sure it is run by a real well-run ETF provider and make sure you look at what is underneath it all.

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A safe monthly income for a retiree without the worry about market swings? On any monthly income vehicle, you have to be very careful. If this had existed in 2008, it would’ve dropped about 20%-25%. Also, make sure it is run by a real well-run ETF provider and make sure you look at what is underneath it all.

BUY
BUY
February 24, 2014

Canada is likely to underperform for the next 5 years compared to the global market so you have to diversify. Just this one is not enough.

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Canada is likely to underperform for the next 5 years compared to the global market so you have to diversify. Just this one is not enough.

COMMENT
COMMENT
August 30, 2013

This was a little bit controversial because it was including a lot of “return of capital” rather than “return on capital” because of some of the investments they had. They have changed this in the last few months so it is a more straightforward ETF. Nothing wrong with it. It has a whole bunch of different products in it and now it is fine.

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This was a little bit controversial because it was including a lot of “return of capital” rather than “return on capital” because of some of the investments they had. They have changed this in the last few months so it is a more straightforward ETF. Nothing wrong with it. It has a whole bunch of different products in it and now it is fine.

BUY
BUY
June 18, 2013

This is a great ETF. 50% equity and 50% fixed income and is yield weighted. They take the highest yield of the equity ETFs that they have and then take the highest yielding fixed income ETFs that they have and then put them together. Yield is about 4.6%.

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This is a great ETF. 50% equity and 50% fixed income and is yield weighted. They take the highest yield of the equity ETFs that they have and then take the highest yielding fixed income ETFs that they have and then put them together. Yield is about 4.6%.

COMMENT
COMMENT
May 23, 2013

Specialty income fund. Does not consider it secure. A good product but not exactly secure.

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Specialty income fund. Does not consider it secure. A good product but not exactly secure.

COMMENT
COMMENT
April 25, 2013

Attractive yield but he always questions them. Sometimes there is not just a return but a return OF your capital. That makes it look like a high yield. A decent yield but be aware of what you are getting back.

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Attractive yield but he always questions them. Sometimes there is not just a return but a return OF your capital. That makes it look like a high yield. A decent yield but be aware of what you are getting back.

BUY
BUY
July 3, 2012
Unlikely that MER will leap up to 1 or 2 percent. He likes this one. It is particularly good for individuals who don’t have a particularly large portfolio but want diversification. 20% in it would not be a bad choice.
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Unlikely that MER will leap up to 1 or 2 percent. He likes this one. It is particularly good for individuals who don’t have a particularly large portfolio but want diversification. 20% in it would not be a bad choice.
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BMO Monthly Income E.T.F.(ZMI-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for BMO Monthly Income E.T.F. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

BMO Monthly Income E.T.F.(ZMI-T) Frequently Asked Questions

What is BMO Monthly Income E.T.F. stock symbol?

BMO Monthly Income E.T.F. is a Canadian stock, trading under the symbol ZMI-T on the Toronto Stock Exchange (ZMI-CT). It is usually referred to as TSX:ZMI or ZMI-T

Is BMO Monthly Income E.T.F. a buy or a sell?

In the last year, 2 stock analysts published opinions about ZMI-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for BMO Monthly Income E.T.F..

Is BMO Monthly Income E.T.F. a good investment or a top pick?

BMO Monthly Income E.T.F. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BMO Monthly Income E.T.F..

Why is BMO Monthly Income E.T.F. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is BMO Monthly Income E.T.F. worth watching?

2 stock analysts on Stockchase covered BMO Monthly Income E.T.F. In the last year. It is a trending stock that is worth watching.

What is BMO Monthly Income E.T.F. stock price?

On 2020-07-02, BMO Monthly Income E.T.F. (ZMI-T) stock closed at a price of $15.3.