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This week’s new 52-week highs… (Dec 12-18)He would avoid most of the fixed income ETF’s at this time. There are some potential rate changes in the US. The returns are significantly lower than what you would get by simply buying a high-quality dividend paying Canadian ETF.
This is investment-grade corporate bonds in the US. The yield is basically 60%-70% higher than on Canadian corporates. What he likes about US investment-grade corporates is the array of underlying credits. In Canada, it is roughly 50% of the corporate bond market which are financials. In the US, you get a broader array of industries.
BMO Mid-Term US IG Corp Bond Index is a Canadian stock, trading under the symbol ZIC-T on the Toronto Stock Exchange (ZIC-CT). It is usually referred to as TSX:ZIC or ZIC-T
In the last year, there was no coverage of BMO Mid-Term US IG Corp Bond Index published on Stockchase.
BMO Mid-Term US IG Corp Bond Index was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO Mid-Term US IG Corp 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.
In the last year, there was no coverage of BMO Mid-Term US IG Corp Bond Index published on Stockchase.
On 2024-12-13, BMO Mid-Term US IG Corp Bond Index (ZIC-T) stock closed at a price of $18.5.
Cast position for risk adverse investors.
Higher interest rates providing risk-less return.
Would recommend.