BMO Ultra Short-Term Bond

ZST-T

Analysis and Opinions about ZST-T

Signal
Opinion
Expert
BUY
BUY
February 11, 2020
It holds all investment-grade bonds, cheap cost at 15 basis points, and lasts only for a two-year duration.
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It holds all investment-grade bonds, cheap cost at 15 basis points, and lasts only for a two-year duration.
COMMENT
COMMENT
December 20, 2019
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.
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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
DON'T BUY
December 17, 2019
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.
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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
BUY
November 25, 2019
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.
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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
COMMENT
November 25, 2019
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.
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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
TOP PICK
September 17, 2019
Super-conservative growth, a slow, steady guaranteed return. It holds 43% banks. The chart is steadily upward. Defensive.
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Super-conservative growth, a slow, steady guaranteed return. It holds 43% banks. The chart is steadily upward. Defensive.
BUY
BUY
September 17, 2019

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.

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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.

TOP PICK
TOP PICK
June 3, 2019
He likes it to park money on it. Cheap. Very short term (less than a year) and investment grade. Paying around 3%. Comfortable place to be.
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He likes it to park money on it. Cheap. Very short term (less than a year) and investment grade. Paying around 3%. Comfortable place to be.
BUY
BUY
April 16, 2019
Park cash here for 6 months? Yes, it's good to do that, because interest rates are stable. Even if rates move, any losses you suffer will be very small.
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Park cash here for 6 months? Yes, it's good to do that, because interest rates are stable. Even if rates move, any losses you suffer will be very small.
BUY
BUY
April 15, 2019
It's an enhanced money market fund. The coupon distribution is actually higher than the yield to maturity so the price comes down. The price stabilized and he started buying it. There are no capital gains, however.
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It's an enhanced money market fund. The coupon distribution is actually higher than the yield to maturity so the price comes down. The price stabilized and he started buying it. There are no capital gains, however.
TOP PICK
TOP PICK
January 2, 2019
He likes this better than bond mutual funds as the MER is more attractive. It is very short term duration and investment grade corporates with very low 15 bps MER. Yield (12 month) 3.5%.
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He likes this better than bond mutual funds as the MER is more attractive. It is very short term duration and investment grade corporates with very low 15 bps MER. Yield (12 month) 3.5%.
COMMENT
COMMENT
January 27, 2015

This has lagged, because basically you are holding T-bills and equal-end type instruments. When you’re starting at 1%, there is not much room for price appreciation. This is more of a cash alternative as opposed to a bond alternative.

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This has lagged, because basically you are holding T-bills and equal-end type instruments. When you’re starting at 1%, there is not much room for price appreciation. This is more of a cash alternative as opposed to a bond alternative.

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

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

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, 3 stock analysts published opinions about ZST-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 John Hood on 2020-02-11. 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?

3 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 2020-10-23, BMO Ultra Short-Term Bond (ZST-T) stock closed at a price of $50.65.