The BMO US Preferred Share Index ETF (TSE:ZUP) is a distinctive investment vehicle designed to provide investors with targeted exposure to the U.S. preferred share market. This ETF is carefully crafted to track the performance of the U.S. preferred share sector, offering a unique blend of equity and fixed income characteristics. As part of the Corporate category, it focuses on preferred shares issued by corporations, providing a steady income stream with potentially favorable tax treatment. The fund's emphasis on Broad Credit reflects its inclusive approach to credit quality, capturing a wide spectrum of credit profiles within the preferred share landscape. Additionally, it operates within the Broad Maturities niche, encompassing a diverse range of maturity periods to optimize returns and manage interest rate risks. This ETF is an ideal choice for investors seeking to enhance their portfolio with a product that balances income potential and credit diversification, while gaining exposure to the robust U.S. corporate sector.
Asset Class
Fixed Income
Region
North America
Issuer
BMO
Index Tracked
Solactive US Preferred Share Select (NTR)
Ticker Symbol
TSE:ZUP
BMO US Preferred Share Index ETF CAD (ZUP) Fund Flow Chart
BMO US Preferred Share Index ETF CAD (ZUP) 1 year Net Flows: -C$4M
ZUP ETF FAQ
What was TSE:ZUP’s price range in the past 12 months?
TSE:ZUP lowest ETF price was C$20.11 and its highest was C$22.42 in the past 12 months.