TSE:ZFM

13.91
0.07 (0.47%) 1d
0

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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

According to the experts, BMO Mid Federal Bond Index (ZFM-T) is considered a defensive investment, suitable for defensive investors, and is expected to perform well during the summer months. The current yield is around 2.25% and is anticipated to rise. There is an expectation for rate cuts in 2024, making it an attractive option for investors waiting for rate cuts before investing. Overall, it is seen as a fixed income product with defensive characteristics and potential for capital gains for investors.

Consensus
Defensive
Valuation
Fair Value
BUY ON WEAKNESS

Rising interest rates tough on bond funds.
Expectation is for rate cuts in 2024.
Wait for rate cuts before investing. 
Good for defensive investors. 

E.T.F.'s
BUY ON WEAKNESS

Fixed income product with defensive characteristics.
Dividend classified as income (rather than dividend income).
Good product if you think we are going into hard landing.

E.T.F.'s
TOP PICK

Medium term (under 10 years) bond that is a safe/defensive name.
Will perform well during the summer months.
Expecting capital gains on the stock for investors.
Current yield at ~2.25% (expecting to rise).

E.T.F.'s
PAST TOP PICK

(A Top Pick May 9/13. Down 5.16%.) Bonds didn’t do well. The taper talks and higher interest rates killed the bond trade. Bonds usually do well from May through until October.

E.T.F.'s
TOP PICK

You want to have a neutral portfolio for May and June, which is the most seasonally negative of the year. May to October is the period of strength for bonds (where you go when you sell in May and go Away). Hold through to October.

E.T.F.'s
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BMO Mid Federal Bond Index(ZFM-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 Mid Federal Bond Index 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 Mid Federal Bond Index(ZFM-T) Frequently Asked Questions

What is BMO Mid Federal Bond Index stock symbol?

BMO Mid Federal Bond Index is a Canadian stock, trading under the symbol ZFM-T on the Toronto Stock Exchange (ZFM-CT). It is usually referred to as TSX:ZFM or ZFM-T

Is BMO Mid Federal Bond Index a buy or a sell?

In the last year, 2 stock analysts published opinions about ZFM-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO Mid Federal Bond Index.

Is BMO Mid Federal Bond Index a good investment or a top pick?

BMO Mid Federal Bond Index was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO Mid Federal Bond Index.

Why is BMO Mid Federal Bond Index 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 Mid Federal Bond Index worth watching?

2 stock analysts on Stockchase covered BMO Mid Federal Bond Index In the last year. It is a trending stock that is worth watching.

What is BMO Mid Federal Bond Index stock price?

On 2024-04-25, BMO Mid Federal Bond Index (ZFM-T) stock closed at a price of $13.905.