This summary was created by AI, based on 2 opinions in the last 12 months.
The BMO Canadian Bank Income Index ETF (ZBI) has received mixed reviews from experts. One reviewer highlighted its performance as a top pick in July 2022, noting a 6% increase, but has since sold the investment. Another expert discussed the initial appeal of the ETF when it was launched a few years ago, particularly due to its incorporation of limited recourse capital notes (LCDN) which aimed to diversify income streams from banks. However, this feature seems to have lost its allure over time, leading the reviewer to part ways with the investment as well. Overall, while ZBI showed promise initially, its current performance and attractiveness relative to the market have come into question.
See other comments today on ZBI. No longer owns it.
BMO Canadian Bank Income Index ETF is a Canadian stock, trading under the symbol ZBI-T on the Toronto Stock Exchange (ZBI-CT). It is usually referred to as TSX:ZBI or ZBI-T
In the last year, 2 stock analysts published opinions about ZBI-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO Canadian Bank Income Index ETF.
BMO Canadian Bank Income Index ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO Canadian Bank Income Index 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.
2 stock analysts on Stockchase covered BMO Canadian Bank Income Index ETF In the last year. It is a trending stock that is worth watching.
On 2025-02-18, BMO Canadian Bank Income Index ETF (ZBI-T) stock closed at a price of $30.56.
Came out a few years ago with LCDN's (limited recourse capital notes) to add another dimension to the income stream of the banks. The markets was attracted to this for a while, but no longer. He once owned this.