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This summary was created by AI, based on 7 opinions in the last 12 months.

The BMO Ultra Short-Term Bond (ZST-T) is regarded by multiple experts as a suitable option for parking cash with a focus on safety and enhanced yields. It operates similarly to a money market fund but exposes investors to corporate bonds, resulting in slightly higher yields of around 20-30 basis points compared to traditional money markets. Reviews highlight that while there is some credit risk, the short duration of these bonds mitigates the associated duration risk typically found in longer-term bonds. The ETF is considered a good choice for those looking for fixed income exposure over the next 2-5 years, although some experts suggest individual bond purchases to customize portfolios. Overall, ZST-T offers a diversified approach to obtaining income with a current yield of approximately 4.9-5%, making it an appealing option for conservative investors.

Consensus
Favorable
Valuation
Fair Value
BUY
Parking cash with safety.

An enhanced money market yield for short-term exposure. It's money market, but corporate bonds, so a slightly higher yield. Not a HISA, but similar to one.

BUY

An ETF to park money and pays a good dividend. It has a little credit risk, but exposes you to corporate bonds for year, so it acts like a money market fund in a sense. However, it pays you a little more yield by 20-30 basis points.

BUY

Nothing wrong with it. Duration risk issue with longer-term bonds, but these are short term. A good quality bond portfolio.

WEAK BUY
Fixed income ETF for the next 2-5 years.

Not a fan of the bond market here and where yields are. But if you do need to rebalance, try this one. He likes it a lot, and it'll do you well for the next few years.

However, he'd suggest looking at the bonds in some of the ETFS and going out and actually buying the bonds. This way you avoid the management fee, and you can customize your outcomes better in terms of a laddered bond portfolio.

HOLD
Effect of lower CAD?

A short-term money market ETF is not going to be impacted by currency volatility. They're Canadian plays in Canada. Even though the BOC is a lot more aggressive in terms of cutting rates because the Canadian economy is significantly weaker than that of the US. 

BUY

ZMMK and ZST are his two favourite BMO ETFs for money market exposure. He uses both in the bond fund he manages. Which one you chose depends on your risk tolerance. Both are excellent, look at both.

BUY
Something safe to generate a nice income.

If you're looking for something safe, for 1-2 years and aside from GICs, he'd recommend ZST or ZST.L (this version accumulates the units). Yield would be ~4.9-5%. Very safe, very short-term with 3-4 month, investment-grade corporate bonds. Inexpensive. A way to get a diversified basket of bonds.

BUY ON WEAKNESS
Corporate bonds that are maturing in a year or less. Total returns including yield equates to a healthy return. Good defensive name for investors.
BUY
It holds all investment-grade bonds, cheap cost at 15 basis points, and lasts only for a two-year duration.
COMMENT
These are very defensive short-term investments. Big assets manage these ETFs. ZST has a higher short-term yield although it is more risky. The risk is off-set by the term being very short.
DON'T BUY
It's been treading water for many years. He holds little cash and urges anyone to take on more risk and invest. There are several ETFs like this out there.
BUY
Short-term outlook for ZAG, XBB, SXB, PMIF-- broad bond exposure ETFs? Better to look at HISA-like, ETFs, like ZST, which are like money market funds with high-income/yield above 2%. These (the ETFs the caller mentions) still carry some duration risk. He'd much rather be in a money market-like EFT fund.
COMMENT
It buys bonds under 1-year maturity (but these bonds had a higher coupon many years ago, say 5% when yields were much higher). You still get that 5% coupon, but when that bond falls within a year, it becomes like a money market instrument with the bond likely trading at 1.03%--losing $3 in capital. So, there's a natural erosion, because all the bonds in the index have been premium ones, meaning the ETF is buying them above par. So, what you earn in fixed income is yield to maturity, not the coupon.
TOP PICK
Super-conservative growth, a slow, steady guaranteed return. It holds 43% banks. The chart is steadily upward. Defensive.
BUY

A low-risk ETF for a TFSA? Two (both being top picks today). FLCI (a past pick) is medium-risk, consisting of medium-risk corporate bonds lasting 5-7 years. The most conservative is ZST.L which holds short-term bonds of 2.5% growth annually, slow, low but steady.

Showing 1 to 15 of 20 entries

BMO Ultra Short-Term Bond(ZST-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 7

Stockchase rating for BMO Ultra Short-Term Bond 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 Ultra Short-Term Bond(ZST-T) Frequently Asked Questions

What is BMO Ultra Short-Term Bond stock symbol?

BMO Ultra Short-Term Bond is a Canadian stock, trading under the symbol ZST-T on the Toronto Stock Exchange (ZST-CT). It is usually referred to as TSX:ZST or ZST-T

Is BMO Ultra Short-Term Bond a buy or a sell?

In the last year, 7 stock analysts published opinions about ZST-T. 6 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 Ultra Short-Term Bond.

Is BMO Ultra Short-Term Bond a good investment or a top pick?

BMO Ultra Short-Term Bond was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO Ultra Short-Term Bond.

Why is BMO Ultra Short-Term Bond 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 Ultra Short-Term Bond worth watching?

7 stock analysts on Stockchase covered BMO Ultra Short-Term Bond In the last year. It is a trending stock that is worth watching.

What is BMO Ultra Short-Term Bond stock price?

On 2025-03-18, BMO Ultra Short-Term Bond (ZST-T) stock closed at a price of $49.04.