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›ETF Issuers›BMO›ZEF
ZEF

BMO Emerging Markets Bond Hedged to CAD Index ETF

Passive ETFFixed Income
Not rated

The ZEF Exchange Traded Fund (ETF) is provided by BMO. It is built to track an index: Bloomberg Emerging Markets Tradable External Debt (EMTED) GDP Weighted Capped Index. The ZEF ETF provides physical exposure, so by buying it you actually own parts of all the 59 underlying holdings. This share class generates a stream of income by distributing dividends.

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API
PerformanceDec 31, 2025 - Nov 2, 2026
-3%-2%-1%0%1%JANMARMAYJULSEPNOV
Flows
Join for free to unlock
Data as of 09/30/26
Sovereign
98.67%
Municipal
3.76%
Latest ZEF news

No content available for this fund

FAQ about ZEF

ZEF is a passively managed ETF that invests in the Emerging Markets Aggregate Bonds segment.
ZEF tracks the Bloomberg Emerging Markets Tradable External Debt (EMTED) GDP Weighted Capped (CAD Hedged) Net Total Return Index - CAD, through a optimized sampling replication method.
ZEF carries a total expense ratio (TER) of 0.55%.
ZEF was introduced to the market on May 21, 2010.
BMO Emerging Markets Bond Hedged to CAD Index ETF, ZEF, is provided by BMO. Learn more about BMO here.
ZEF oversees €485M in assets as of November 2, 2026.
ZEF follows a distributing dividend policy, meaning it pays out income to investors. As of November 2, 2026, its 12-month trailing yield was 4.31%.
As of September 30, 2026, ZEF has significant geographic allocations in Republic of Korea, China and Brazil.
As of September 30, 2026, ZEF focuses largely on Sovereign and Municipal.
As of September 30, 2026, ZEF holds 59 positions in its portfolio, with 50.63% of assets concentrated in its top 15 holdings.
As of September 30, 2026, ZEF top three holdings include Mexico, 5.5% 17aug2030, USD, China, 1.2% 21oct2030, USD and Republic of Korea, 3.625% 12feb2029, USD.
The base currency of ZEF is CAD.
ZEF is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.
Data as of 09/30/26
Mexico, 5.5% 17aug2030, USD
3.51%
China, 1.2% 21oct2030, USD
3.49%
Republic of Korea, 3.625% 12feb2029, USD
3.47%
China, 3.625% 13nov2028, USD
3.47%
Republic of Korea, 2.5% 19jun2029, USD
3.45%
Brazil, 6.625% 15mar2035, USD
3.44%
Brazil, 5.5% 6nov2030, USD
3.44%
Republic of Korea, 3.875% 12feb2031, USD
3.43%
Brazil, 3.875% 12jun2030, USD
3.41%
China, 3.75% 13nov2030, USD
3.37%

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