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This 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.

Consensus
Good
Valuation
Fair Value
Similar
VTI, VTI
DON'T BUY

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.

E.T.F.'s
SELL
Sell or hold?

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.

E.T.F.'s
STRONG BUY

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%.

E.T.F.'s
PARTIAL BUY

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.

E.T.F.'s
BUY

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). 

E.T.F.'s
BUY

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.

E.T.F.'s
BUY

Holds all Canadian bonds--federal, provincial, corporate. All quality bonds. Start here if you want bond exposure.

E.T.F.'s
BUY

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.



E.T.F.'s
BUY ON WEAKNESS

Good exposure to Canada bond market.
Safe and defensive name.
Not much upside.

E.T.F.'s
BUY
Prices have started to rally. Believes yield is going to fall.
E.T.F.'s
BUY
Allan Tong’s Discover Picks ZAG has trended down for much of this year, from a high of $15.84 to $12.95, but this ETF has been climbing of late. Meanwhile, you’re paid a safe 3.55% dividend to wait and paying only 0.09% in MER. The beta is 1.01. Read 3 Must Have Safe Stocks to Play Defensive for our full analysis.
E.T.F.'s
BUY
Simplest way for investors to get exposure to entire Canadian fixed income market. Worst start of the year for Canadian bond market in 100 years. Suspects inflation and interest rates priced into bonds. Starting to add bonds to own portfolio.
E.T.F.'s
BUY
This is a bonds ETF with 6 billion in assets and a MER of 0.09 so it is very cheap. The duration on the portfolio is 8 years so this gives an indication of how much the portfolio might fluctuate as interest rates change. A shorter duration means less fluctuation. There is a significant decline in these types of ETF's. ZAG is a good place to start a position and has a very good bond portfolio.
E.T.F.'s
BUY
One of the better income ETFs. But he's concerned the market is in a bubble in all assets. That said, bonds are the safest. ZAG may go up from here. A great long-term strategic hold. A leader in the bond space.
E.T.F.'s
BUY
He recently shifted into longer duration bonds. Sees interest rates leveling off, and 10-year bond yields may even drop. Preferred shares are in a bit of a downdraft, due to credit quality. 7 years duration mostly in government bonds with some corporate, all investment grade. Any downdraft in yields means a pickup in the capital.
E.T.F.'s
Showing 1 to 15 of 32 entries

BMO Aggregate Bond Index(ZAG-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 9

Stockchase rating for BMO Aggregate 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 Aggregate Bond Index(ZAG-T) Frequently Asked Questions

What is BMO Aggregate Bond Index stock symbol?

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

Is BMO Aggregate Bond Index a buy or a sell?

In the last year, 9 stock analysts published opinions about ZAG-T. 7 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO Aggregate Bond Index.

Is BMO Aggregate Bond Index a good investment or a top pick?

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

Why is BMO Aggregate 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 Aggregate Bond Index worth watching?

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

What is BMO Aggregate Bond Index stock price?

On 2024-04-22, BMO Aggregate Bond Index (ZAG-T) stock closed at a price of $13.3.