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3 Must Have Safe Stocks to Play DefensiveThis summary was created by AI, based on 8 opinions in the last 12 months.
Based on the reviews from different experts, it can be concluded that the BMO Aggregate Bond Index (ZAG-T) is a good option for investors looking for broad bond exposure. The ETF holds a good mix of Canadian government and investment-grade corporate bonds, making it a core part of a portfolio. It has shown a yield of around 3.5% and has the potential for capital appreciation. The general consensus is that it is a good investment for registered accounts like RRSP. Experts believe that with interest rates calming and potentially coming down, the ETF is seemingly back in favor and can provide a 5-7% return within the next 12 months.
Not that familiar with this and doesn't like ETFs, because they never mature or you risk a loss if you sell at the wrong time.
BMO has good products, though he's not overly familiar with this one. He prefers individual bonds. So, depending on your situation, he'd recommend selling and putting together a nice portfolio of individual, shorter-term bonds.
74% government bonds in Canada, rest in investment-grade corporate. Likes bonds at this stage, with interest rates calming and starting to come down. There will be small upticks pushing down the price of bonds, but up 6.6% in last 3 months. With yield plus potential for capital appreciation, makes sense to have as core part of your portfolio. Yield is 3.5%.
Canadian benchmark bond ETF. About 30% corporate bond exposure. Very cheap. Largest fixed income ETF in Canada now. 7-year average duration, so a better opportunity now than 1-2 years ago. Works for portfolio ballast. He recommends "barbelling" it in with some shorter-term fixed income exposure ETFs such as CASH or ZMMK.
Good for investors looking for broad bond exposure. Good diversified holdings. Not the best for TFSA (better for growth stocks), but good for registered accounts (RRSP).
With rates coming down, bonds are seemingly back in favour. He likes shorter- to medium- (7-10 years) duration bonds. This ETF follows that strategy. You'll see some performance if rates continue to move lower. Decent yield of 3.6+%.
If you want something without duration risk, you could look at shorter-term bonds with a floating rate. Shorter-term yields are higher than long at this point. But you won't get that lift if bond yields come down.
Holds all Canadian bonds--federal, provincial, corporate. All quality bonds. Start here if you want bond exposure.
Owns shares in ETF.
Good mix of bonds.
Would recommenced buying.
Believes interest rates will turn down which is good.
Expecting capital appreciation going forward.
Planning a 5-7% return within next 12 months.
Good exposure to Canada bond market.
Safe and defensive name.
Not much upside.
BMO Aggregate Bond Index is a Canadian stock, trading under the symbol ZAG-T on the Toronto Stock Exchange (ZAG-CT). It is usually referred to as TSX:ZAG or ZAG-T
In the last year, 7 stock analysts published opinions about ZAG-T. 4 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO Aggregate Bond Index.
BMO Aggregate Bond Index was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO Aggregate 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.
7 stock analysts on Stockchase covered BMO Aggregate Bond Index In the last year. It is a trending stock that is worth watching.
On 2024-11-08, BMO Aggregate Bond Index (ZAG-T) stock closed at a price of $13.96.
It holds all Canadian bonds, including corporate. Canadian interest rates have already fallen, and he expects inflation to be sticky. So longer-term duration bonds won't fall as much as they already have. He doesn't like duration as an asset class.