Portfolio Strategy - ZAG - BMO Aggregate Bond Index ETF
BMO Aggregate Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE TMX Canada UniverseXM Bond Index™, net of expenses. The Fund invests in a variety of debt securities primarily with a term to maturity greater than one year. Securities held in the Index are a broad measure of the Canadian investment-grade fixed income market consisting of Federal, Provincial and Corporate bonds. In addition, as ZAG is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.