BMO Long Provincial Bond Index ETF (TSX:ZPL)

BMO Long Provincial Bond Index ETF is an exchange traded fund launched and managed by BMO Asset Management Inc. The fund invests in the fixed income markets of Canada. It invests in Canadian dollar-denominated fixed rate debt securities which are issued or guaranteed by the provincial governments in Canada, various agencies of the provincial governments, and various instrumentalities that have been established or sponsored by provincial governments and have maturities of greater than ten years and are rated BBB or higher by S&P. The fund seeks to replicate the performance of the FTSE Canada Long Term Provincial Bond Index, by using full replication technique. BMO Long Provincial Bond Index ETF was formed on December 21, 2012 and is domiciled in Canada.