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This week’s new 52-week highs… (Dec 12-18)This summary was created by AI, based on 3 opinions in the last 12 months.
The BMO Mid Federal Bond Index, with symbol ZFM-T, is a fixed income product suitable for defensive investors. It is expected to perform well in the summer months and is anticipated to deliver capital gains for investors. The current yield is around 2.25%, with expectations for it to rise. However, it is recommended to wait for rate cuts before investing due to the impact of rising interest rates. Overall, this bond index is seen as a safe and defensive option, particularly for those anticipating a hard landing in the market.
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.
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).
(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.
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.
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
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.
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.
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.
2 stock analysts on Stockchase covered BMO Mid Federal Bond Index In the last year. It is a trending stock that is worth watching.
On 2024-03-18, BMO Mid Federal Bond Index (ZFM-T) stock closed at a price of $14.13.
Rising interest rates tough on bond funds.
Expectation is for rate cuts in 2024.
Wait for rate cuts before investing.
Good for defensive investors.