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Fund Price: $23.21 (as at January 23, 2015)  1-day chg: $-.0161 -0.07%  YTD: 7.59%

Returns as at December 31, 2014

  Fund Group Avg Index*
1 Month -2.30% -2.05% -2.77%
3 Months 2.25% -0.71% -0.82%
6 Months -0.91% -4.62% -3.20%
1 Year 2.56% -1.13% 2.82%
2 Year Avg 10.37% 13.28% 17.56%
3 Year Avg 14.05% 14.72% 17.46%
4 Year Avg 10.85% 8.02% 10.42%
5 Year Avg 9.57% 6.21% 8.04%
10 Year Avg 3.60% 3.38% 4.85%
15 Year Avg 3.14% 0.09% 2.04%
20 Year Avg 5.49% 5.30% 7.00%
Since Inception 5.35% - -
 
2014 2.56% -1.13% 2.82%
2013 18.77% 30.00% 34.41%
2012 21.77% 18.73% 17.27%
 
3 year risk 8.11 10.70 10.97
3 year beta 0.61 0.87 1.00

*MSCI Europe ($ Cdn)

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the MSCI Europe ($ Cdn).

Risk Measures as at December 31, 2014

Best/Worst 12 months (since inception)
Best (ending May 98): 43.05 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -45.77 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 8 High

Fund Objectives

The goal of the Fund is to achieve long-term capital growth and diversification by investing in high-quality securities of companies expected to benefit from the rationalization of the European marketplace and the reduction of trade barriers. In addition to shares, investments may also be made in bonds, debentures, and other debt instruments of government and government agencies, or those that are guaranteed by governments.

Fund Facts

Fund Sponsor: BMO Mutual Funds
Managed by: F&C Management Limited
Fund Type: MF Trust
Inception Date: May 1994
Asset Class: European Equity
Quartile Rank: 3 (3YR ending December 31, 2014)
Total Assets: $925.5 million
Mgmt Exp. Ratio (MER): 2.53%
Management Fee: 2.00%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$50
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2014

Equity Sector Weightings December 31, 2014

Fund Geography December 31, 2014

Top Holdings as at December 31, 2014

Symbol Company Name Sector Geographic
Area		 Asset
Type		 % of
Total Assets		   Performance as at January 26, 2015
1 Year Performance (%)
- Reckitt Benckiser Group PLC Misc. Consumer Products United Kingdom Stock 5.03   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Nestle S.A. Food Processing Switzerland Stock 4.85   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BTI-A British American Tobacco Tobacco United Kingdom Stock 4.81   12.87 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
PM-N Philip Morris International Tobacco United States Stock 4.73   1.9 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
UN-N Unilever NV Food Processing Netherlands Stock 4.45   8.46 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Roche Holdings Biotechnology & Pharmaceuticals Switzerland Stock 4.45   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- CIE Financiere Richemont Household Goods Switzerland Stock 4.19   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Air Liquide(L) Chemicals France Stock 3.89   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Sabmiller Plc Breweries & Beverages United Kingdom Stock 3.63   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Essilor International SA Biotechnology & Pharmaceuticals France Stock 3.29   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
NVO-N Novo-Nordisk Biotechnology & Pharmaceuticals Denmark Stock 3.17   18.03 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
DEO-N Diageo PLC Breweries & Beverages United Kingdom Stock 3.17   -7.15 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
PCLN-Q The Priceline Group Inc. Department Stores United States Stock 2.72   -11.7 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
GRFS-Q Grifols SA Medical Services Spain Stock 2.51   -9.75 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Bureau Veritas SA Consulting France Stock 2.5   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to January 23, 2015)

Frequency of Income Distributions: Annually

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Dec 18, 2014 0.1962 0.1962 0.1962 21.790

Portfolio Manager(s)

David Moss

F&C Management Limited

Start Date: January, 2015

Fund Return: -

David Moss is the Head of European Equities and manages European and Pan European portfolios. From 1998-1999, he focused on UK Equity and prior to that he worked as a Fixed Interest Analyst focusing on the UK Gilt and Non-Gilt Markets. He joined the Group in 1996. David began his career in 1987 at Barclays Bank, where he worked as an Analyst on the Corporate Lending Team, working primarily with recovery situations for small to medium-sized enterprises. David graduated from the University of Loughborough in 1996 with a BSc Economics and is a member of the CFA Society of the UK.

Also manages:BMO European Fund - Advisor

View fund manager performance report

Sam Cosh

F&C Management Limited

Start Date: January, 2015

Fund Return: -

Sam is a Director and Senior Fund Manager in the European Equities team, responsible for the management of the F&C European Small Cap (SICAV) and the European Assets Trust. Sam joined F&C in 2010 from BNP Investment Partners. He began his career in 2000 as a European Institutional analyst at Invesco before moving to Barings, and then to Fortis Investments as a Portfolio Manager within their European Small Caps team. Sam graduated with a BA (Hons) in Economics from Nottingham University in 1999, has attained the IMC and is a CFA Charterholder.

Also manages:BMO European Fund - Advisor

View fund manager performance report

Mark Nichols

F&C Management Limited

Start Date: January, 2015

Fund Return: -

Mark Nichols is a Director and Fund Manager in the European Equities team and manager of the F&C European Growth & Income Fund. Mark joined F&C in June 2011. Prior to this Mark was a Principal and Senior Analyst at Oechsle International Advisors Ltd. From 2003-2005 Mark was a member of the II ranked Industrial Manufacturing research team at Lehman Brothers. Mark began his career in 2001 on the European retail team at INVESCO. Mark has a MA in Philosophy, Politics and Economics from the University of Oxford and a MA in Contemporary History and Politics from the University of London. He holds the UKSIP Investment Management Certificate.

Also manages:BMO European Fund - Advisor

View fund manager performance report