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GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $1.00 (as at August 29, 2014) Current Yield: -

Returns as at July 31, 2014

  Fund Group Avg Index*
1 Month 0.01% 0.04% 0.08%
3 Months 0.03% 0.18% 0.23%
6 Months 0.05% 0.31% 0.44%
1 Year 0.07% 0.31% 0.94%
2 Year Avg 0.08% 0.38% 0.96%
3 Year Avg 0.08% 0.39% 0.94%
4 Year Avg 0.09% 0.50% 0.92%
5 Year Avg 0.10% 0.55% 0.77%
10 Year Avg 1.13% 1.60% 1.92%
15 Year Avg 1.61% 1.80% 2.56%
20 Year Avg 2.18% 2.35% 3.18%
Since Inception 3.48% - -
 
2013 0.05% 0.40% 0.97%
2012 0.10% 0.52% 0.93%
2011 0.10% 0.70% 0.95%
 
3 year risk 0.01 0.19 0.05
3 year beta 0.00 0.02 1.00

*91 Day Treasury Bill Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the 91 Day Treasury Bill Index.

Risk Measures as at July 31, 2014

Best/Worst 12 months (since inception)
Best (ending Jan 91): 12.01 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Dec 13): 0.05 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: 1 High

Fund Objectives

This fund's objectives are: - to preserve the value of your investment - to provide a high level of liquidity and interest income. As part of its investment objectives, the fund invests primarily in high quality money market instruments issued by governments and corporations in Canada, like treasury bills, bankers' acceptances, and commercial paper.

Fund Facts

Fund Sponsor: BMO Mutual Funds
Managed by: BMO Asset Management Inc.
Fund Type: MF Trust
Inception Date: November 1987
Asset Class: Canadian Money Market
Quartile Rank: 3 (3YR ending July 31, 2014)
Total Assets: $602.4 million
Mgmt Exp. Ratio (MER): 1.06%
Management Fee: 1.00%
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 July 31, 2014

Top Holdings

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at August 29, 2014
1 Year Performance (%)
  Wells Fargo Financial, 3.97%, NOV/03/14 Bond 5.8   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of British Columbia, SEP/12/14 Bond 4.97   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  General Electric Capital Can., 4.65%, FEB/11/15 Bond 4.91   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Prime Trust, OCT/07/14 Bond 3.24   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  American Express Canada, 4.85%, OCT/03/14 Bond 2.82   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  City of Montreal, 4.95%, DEC/10/14 Bond 2.79   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  City of Toronto, AUG/05/14 Bond 2.49   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  CIBC, 4.75%, DEC/22/14 Bond 2.44   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bank of Nova Scotia, MAR/10/15 Bond 2.42   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Newfoundland, AUG/21/14 Bond 2.27   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bank of Nova Scotia, 3.35%, NOV/18/14 Bond 2.18   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Royal Bank of Canada, 2.05%, JAN/13/15 Bond 2.12   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Enbridge Inc., AUG/20/14 Bond 1.99   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Zeus Receivables Trust, OCT/20/14 Bond 1.98   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Enbridge Inc., AUG/19/14 Bond 1.96   - 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 August 29, 2014)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jul 31, 2014 0.0001 0.0001 0.0007 1.000
Jun 30, 2014 0.0001 0.0001 0.0006 1.000
May 30, 2014 0.0001 0.0001 0.0006 1.000
Apr 30, 2014 0.0001 0.0001 0.0005 1.000
Mar 31, 2014 0.0001 0.0001 0.0005 1.000
Feb 28, 2014 0.0001 0.0001 0.0005 1.000
Jan 31, 2014 0.0001 0.0001 0.0005 1.000
Oct 31, 2013 0.0001 0.0001 0.0007 1.000
Jun 28, 2013 0.0001 0.0001 0.0009 1.000
Apr 30, 2013 0.0001 0.0001 0.0010 1.000
Mar 28, 2013 0.0001 0.0001 0.0010 1.000
Feb 28, 2013 0.0001 0.0001 0.0010 1.000

Portfolio Manager(s)

Andrew Osterback, CFA

BMO Asset Management Inc.

Start Date: November, 2013

Fund Return: 0.06%

Andrew joined the BMO Asset Management Inc. fixed income team as a portfolio manager in 2005, and has over 18 years experience in managing fixed income portfolios. Prior to joining BMO Asset Management, Andrew managed a mix of mutual funds, pooled assets, and segregated private client portfolios for a major institutional investor. Andrew holds an Honours Bachelor of Commerce degree from the University of Windsor, a Bachelor of Arts degree (Economics) from the University of Western Ontario and received his CFA designation in 1999.

Also manages:BMO Asset Allocation - A, BMO Bond - A, BMO Diversified Income Portfolio -A, BMO Short-Term Income Class - A

View fund manager performance report

Denis Senecal, M.Sc.

BMO Asset Management Inc.

Start Date: March, 2014

Fund Return: 0.03%

Denis oversees the portfolio management, credit research and trading functions for all fundamental Canadian fixed income strategies, in addition to being a member of the firm's leadership team. He brings to BMO 23 years of financial markets experience. His experience includes managing fixed income, absolute return strategies, global and emerging debt, tactical asset mix, and fund of funds management. Denis holds both a B.A.A and M.Sc. degree in applied Economics and Finance from H.E.C. (University of Montreal).

Also manages:BMO Asset Allocation - A, BMO Bond - A, BMO Diversified Income Portfolio -A, BMO Monthly Income - A, BMO Mortgage & Short Term Inc - A, BMO Short-Term Income Class - A

View fund manager performance report