This summary was created by AI, based on 4 opinions in the last 12 months.
The BMO Ultra Short-Term Bond ETF (ZST.L-T) is described as a conservative, slow and steady investment by the experts. It is recommended as a substitute for cash when caution is needed, especially during market sell-offs, economic uncertainty, and political cycles. With its high dividend and competitive interest rate, it offers a safe option for generating income over a short-term period. The ETF holds bonds with maturities of less than 1 year, making it a low-risk choice in the bond market. It is seen as a good option for de-risking a portfolio and as a tax-efficient investment for non-registered accounts.
In his portfolios, he can go between 100% equity and 100% cash. When things go awry, he can sell equities and go to cash. For him, this means short-term money markets and bonds. This ETF holds bonds with maturities of less than 1 year. It's like cash that you earn a bit of money on. Yield is 4.9%.
A call on being conservative. He started to see a bit of weakness in some of his indicators; understandable given how fast markets came down, combined with seasonality, economic outlook, and political cycle. A place to go with so many uncertainties out there.
This pick is the ".L" version with accumulating units; reinvests proceeds as interest comes in. More tax-efficient for non-registered accounts, such as cash and margin accounts. The plain vanilla ZST is good for registered accounts.
Likes the idea of PSA. TLT, he believes, is a leveraged play on the bond market and wouldn't do that. BNS high interest savings, for example, pays 4.75% for optionality and no risk.
For an ETF filled with 1-year bonds that's very low risk, look at ZST.L. Pays a high dividend, though it's interest. Very competitive rate. If interest rates come down, you might even get a bit of capital appreciation.
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.
BMO Ultra Short-Term Bond ETF is a Canadian stock, trading under the symbol ZST.L-T on the Toronto Stock Exchange (ZST.L-CT). It is usually referred to as TSX:ZST.L or ZST.L-T
In the last year, 3 stock analysts published opinions about ZST.L-T. 3 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 ETF.
BMO Ultra Short-Term Bond ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO Ultra Short-Term Bond ETF.
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.
3 stock analysts on Stockchase covered BMO Ultra Short-Term Bond ETF In the last year. It is a trending stock that is worth watching.
On 2024-12-13, BMO Ultra Short-Term Bond ETF (ZST.L-T) stock closed at a price of $60.385.
(Note the short timeframe.)
A substitute for cash when you're feeling a bit cautious. Slow and steady, conservative. When he chose it markets were selling off, presidential election was looming, seasonal weakness was upon us. And then the bull market resumed a week later.