Zag BMO aggregated bond index

The BMO Aggregate Bond Index is a measure of the Canadian investment-grade fixed income market. It is designed to be a broad representation of this market, which includes federal, provincial, and municipal bonds. This index is calculated by FTSE Canada and is considered a reliable benchmark for investors looking to track the performance of this segment of the bond market. 1. **Composition**: The index includes a diversified range of bonds, such as government, corporate, and mortgage-backed securities, with a focus on investment-grade instruments. 2. **Benchmark**: It is based on the FTSE Canada Universe Bond Index, which covers a wide range of Canadian fixed income instruments. 3. **Investment Grade**: The index focuses on investment-grade bonds, which are considered low risk due to the strength of the issuers' creditworthiness. 4. **Use**: Investors can use this index to gauge the performance of their fixed income portfolios or as a benchmark for their investment strategies. Overall, the BMO Aggregate Bond Index provides a valuable tool for investors seeking to monitor the performance of the Canadian investment-grade bond market.