This summary was created by AI, based on 4 opinions in the last 12 months.
The experts' reviews on BMO Money Market Fund ZMMK-T highlight its stability and safety as a cash-like instrument, making it a good option for investors looking for short-term interest rate exposure. However, there are concerns regarding the addition of mortgage assets and potential regulatory issues, which could lead to lower interest rates on this product. Overall, it seems to be a diversified and reliable choice for those seeking a secure cash alternative with decent yields.
Diversified. Perfectly fine (aka "boring") to hold a bit of this for a cash-like instrument.
In order to pay higher rates - added mortgage assets. Regulators not approving mortgage additions, so interest rates will fall on this product.
Holds money market funds.
Providing short tern interest rate exposure.
High yields good for investors (~5%).
Safe & easy cash alternative.
BMO Money Market Fund is a Canadian stock, trading under the symbol ZMMK-T on the Toronto Stock Exchange (ZMMK-CT). It is usually referred to as TSX:ZMMK or ZMMK-T
In the last year, 3 stock analysts published opinions about ZMMK-T. 2 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 Money Market Fund.
BMO Money Market Fund was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO Money Market Fund.
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 Money Market Fund In the last year. It is a trending stock that is worth watching.
On 2024-03-28, BMO Money Market Fund (ZMMK-T) stock closed at a price of $49.91.
He recommends "barbelling" it in with longer-term fixed income like ZAG.