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›ETF Providers›BMO›ZFL

ZFL ETF · BMO Long Federal Bond Index ETF

The ZFL Exchange Traded Fund (ETF) is provided by BMO. It is built to track an index: FTSE TMX Canada Long Term Federal Bond Index. The ZFL ETF provides physical exposure, so by buying it you actually own parts of all the 7 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofInternational Sovereign Bonds1M perf.-1.14%
Last price
$11.92
1M perf.
-0.31%
1M flows
+€5.2M
AuM
€823M
E/R
0.22%
Rating
Not rated
ESG Consensus®
esg grade icon
ZFL
$11.92

Performance & flows

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December 10, 2025 → March 10, 2026
0-1012345%JANFEBMAR
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ZFL
$12.07
+0.89%
International Sovereign Bonds
+1.02%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-0.31%
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+0.89%
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-6.27%
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-5.61%
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-20.03%
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-3.49%
+0.80%
+0.80%
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Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
CUSIP
05590K100
ISIN
CA05590K1003
AuM
€823M
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E/R
0.22%
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Replication rating
Not rated
ESG Consensus®
esg grade icon
icon
More details
NAV
3/10/2026
$12.07
1D NAV change
-0.57%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
7
Inception date
5/19/2010
Jurisdiction
Canada
Distribution
Canada
Legal structure
Unit Investment Trust
Base currency
CAD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
FTSE TMX Canada Long Term Federal Bond Index
Asset class
Factors
N/A
Investment strategy
The BMO Long Federal Bond Index ETF has been designed to replicate, to the extent possible, the performance of the FTSE TMX Canada Long Term Federal Bond IndexTM, net of expenses. The Fund invests in a variety of debt securities primarily with a term to maturity greater than ten years. Securities held in the Index are generally issued or guaranteed by the Government of Canada, by various agencies of the Government of Canada, and by various instrumentalities that have been established or sponsored by the Government of Canada.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
+0.89%
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-6.27%
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-5.61%
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-20.03%
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Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Exposure

Countries
Canada
100.00%
Sectors
Sovereign
100.00%
Diversification
Total weight of top 7 holdings out of 7
Top 7 holdings
Data as of January 31, 2026
Canada, Bonds 2.75% 1dec2055, CAD
Canada, Bond 2 1jan2051 30Y
Canada, Bonds 3.5% 1dec2057, CAD
Canada, Bond 1.75 1dec2053 30Y
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Canada, Bond 2.75 1dec2048 30Y
Canada, Bond 4 1jun2041 30Y
Canada, Bond 3.5 1dec2045 30Y
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Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of December 31, 2025
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about ZFL ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


ZFL’s has a Final Sustainability Grade of either A+, A, or A-.

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Holdings review
100.00% of holdings have positive scoring
100.00%
Consensus levels
Strong
Medium
Weak
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Issuer

BMO
BMO ID Card
Number of funds
276
Total AuM
€115.73B
Expense ratio range
0.05% - 1.17%
Average expense ratio
0.4463%

Frequently asked questions about ZFL

What does BMO Long Federal Bond Index ETF, ZFL, invest in?

ZFL is a Passive ETF. This ETF provides exposure to Canadian Investment Grade Government Bonds.

Which benchmark or index does ZFL replicate?

ZFL tracks the FTSE TMX Canada Long Term Federal Bond TR Index - CAD, through a optimized sampling replication method.

What is the Total Expense ratio (TER) of ZFL?

ZFL carries a total expense ratio (TER) of 0.22%, indicating the annual cost for holding the fund.

When was ZFL launched?

ZFL was introduced to the market on May 19, 2010. It trades on Canada

Who is the ETF issuer of ZFL?

BMO Long Federal Bond Index ETF, ZFL, is provided by BMO. Learn more about BMO here.

What is the current assets under management (AUM) of ZFL?

ZFL oversees €823M in assets as of March 10, 2026.

How has ZFL performed lately?

Based on data from March 10, 2026, ZFL returned -0.31% over the past month, 0.89% over the last three months and 0.80% year-to-date.

What are the latest inflows or outflows for ZFL?

As of March 10, 2026, ZFL recorded net flows of +€5.2M over the last month and +€23M year-to-date.

Does ZFL distribute dividends?

ZFL follows a distributing dividend policy, meaning it pays out income to investors. As of March 10, 2026, its 12-month trailing yield was 3.01%.

What are the main country or region exposures of ZFL?

As of January 31, 2026, ZFL has significant geographic allocations in Canada.

In which sector or theme does ZFL invest in?

As of January 31, 2026, ZFL focuses largely on Sovereign.

How many securities does ZFL hold and how diversified is it?

As of January 31, 2026, ZFL holds 7 positions in its portfolio, with 100.00% of assets concentrated in its top 15 holdings.

What are the main positions in ZFL?

As of January 31, 2026, ZFL top three holdings include Canada, Bonds 2.75% 1dec2055, CAD, Canada, Bond 2 1jan2051 30Y and Canada, Bonds 3.5% 1dec2057, CAD.

What is the base currency of ZFL?

The base currency of ZFL is CAD.

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