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GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $7.19 (as at June 24, 2016)  1-day chg: $-.0383 -0.53%  YTD: 3.83%

Returns as at May 31, 2016

  Fund Group Avg Index*
1 Month 2.44% 1.73% 1.73%
3 Months 4.22% 5.26% 5.24%
6 Months 4.52% 2.02% 2.00%
1 Year 3.07% -0.68% -0.77%
2 Year Avg 6.60% 3.08% 3.02%
3 Year Avg 7.79% 5.87% 5.81%
4 Year Avg 7.55% 6.98% 6.80%
5 Year Avg 5.76% 4.73% 4.62%
10 Year Avg 5.17% 4.16% 3.86%
15 Year Avg 5.91% 4.55% 4.06%
20 Year Avg - 5.41% 5.04%
Since Inception 5.93% - -
 
2015 2.41% 0.61% 0.37%
2014 12.94% 8.06% 8.04%
2013 6.56% 11.23% 11.08%
 
3 year risk 5.08 5.72 4.99
3 year beta 0.88 1.01 1.00

*Globe Cdn Neutral Balanced Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Cdn Neutral Balanced Peer Index.

Risk Measures as at May 31, 2016

Best/Worst 12 months (since inception)
Best (ending Feb 10): 23.91 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -17.34 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: 5 High

Fund Objectives

This fund's objective is to provide a fixed monthly distribution while preserving the value of your investment. The fund invests primarily in Canadian fixed-income securities with higher-than-average yields, issued by the federal government, provincial governments, government agencies and corporations, as well as preferred and common shares, real estate investment trusts (REITs), royalty trusts and other high-yielding investments.

Fund Facts

Fund Sponsor: BMO Mutual Funds
Managed by: BMO Asset Management Inc.
Fund Type: MF Trust
Inception Date: February 1997
Asset Class: Canadian Neutral Balanced
Quartile Rank: 1 (3YR ending May 31, 2016)
Total Assets: $3,686.9 million
Mgmt Exp. Ratio (MER): 1.57%
Management Fee: 1.30%
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 April 30, 2016

Equity Sector Weightings April 30, 2016

Bond Type April 30, 2016

Top Holdings as at April 30, 2016

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at June 24, 2016
1 Year Performance (%)
  Province of Ontario, 2.90%, DEC/02/46 Bond 3.2   4.73 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Quebec, 3.50%, DEC/01/45 Bond 2.51   4.07 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  BMO MSCI EAFE Hedged to CAD Idx ETF Fund 2.23     bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 1.25%, AUG/01/17 Bond 2.14   -0.57 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TD-T TD Bank Banks Canada Stock 1.84   1.92 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 2.60%, JUN/02/25 Bond 1.61   3.36 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada 3.500% 01-Dec-2045 Bond 1.38   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  BMO Low Volatility US Equity ETF Fund 1.26     bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
RY-T Royal Bank of Canada Banks Canada Stock 1.26   -1.19 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 1.50%, JUN/01/26 Bond 1.21   - 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 June 24, 2016)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Monthly

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jun 16, 2016 0.0240 0.0240 0.5878 7.215
May 16, 2016 0.0240 0.0240 0.5878 7.175
Apr 18, 2016 0.0240 0.0240 0.5878 7.141
Mar 16, 2016 0.0240 0.0240 0.5878 7.110
Feb 16, 2016 0.0240 0.0240 0.5878 6.954
Jan 18, 2016 0.0240 0.0240 0.5878 6.909
Dec 21, 2015 0.0240 0.2998 0.3238 0.5878 7.059
Nov 16, 2015 0.0240 0.0240 0.6363 7.244
Oct 16, 2015 0.0240 0.0240 0.6363 7.336
Sep 16, 2015 0.0240 0.0240 0.6363 7.274
Aug 17, 2015 0.0240 0.0240 0.6363 7.575
Jul 16, 2015 0.0240 0.0240 0.6363 7.620
Jun 16, 2015 0.0240 0.0240 0.6363 7.456
May 19, 2015 0.0240 0.0240 0.6363 7.561
Apr 16, 2015 0.0240 0.0240 0.6363 7.771
Mar 16, 2015 0.0240 0.0240 0.6363 7.652
Feb 17, 2015 0.0240 0.0240 0.6363 7.750
Jan 16, 2015 0.0240 0.0240 0.6363 7.508

Portfolio Manager(s)

George Patterson, CFA, PhD

BMO Asset Management Inc.

Start Date: October, 2012

Fund Return: 7.45%

George Patterson is a Portfolio Manager. Prior to joining the organization, George was a founder and Managing Member of Menta Capital LLC, where he oversaw investment research, portfolio management and technology. He spent the bulk of his investment career at Barclays Global Investors (BGI), where he was a Managing Director and head of market neutral portfolio management for U.S. and Global strategies. Prior to heading up the portfolio management team, George worked in a variety of groups at BGI and was responsible for developing many of the investment models used at BGI. George earned a PhD in physics from Boston University, and an S.B. in physics from the Massachusetts Institute of Technology. After earning his doctorate in physics, George was a post doctoral associate at the NASA Jet Propulsion Laboratory in Pasadena, CA. He is also a CFA charterholder.

Also manages:BMO Cad Low Volatility ETF Cl - A, BMO Cdn Large Cap Equity Fund - Adv, BMO Diversified Income Portfolio -A, BMO Gl Low Volatility ETF Cl - A, BMO Global Equity Class - A, BMO Global Equity Class - Advisor, BMO Global Growth and Income - Adv, BMO Global Monthly Income, BMO U.S. Dollar Monthly Income - A

View fund manager performance report

Denis Senecal, M.Sc.

BMO Asset Management Inc.

Start Date: March, 2014

Fund Return: 6.97%

Denis oversees portfolio management, strategies, research and execution for all active fixed income portfolios, in addition to being a member of the firm's leadership team. He has 23 years of financial markets experience, primarily focused on fixed income. Before joining BMO AM Inc., Denis was Head of Fixed Income & Cash at a major asset management firm. His experience includes managing fixed income, absolute return strategies, global and emerging debt, tactical asset mix, and fund of managers. 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 Core Bond - A, BMO Core Plus Bond - A, BMO Diversified Income Portfolio -A, BMO Money Market - A, BMO Mortgage & Short Term Inc - A, BMO Short-Term Income Class - A

View fund manager performance report

Paul Taylor, CFA, MBA

BMO Asset Management Inc.

Start Date: March, 2014

Fund Return: 6.97%

Paul oversees asset allocation both from a strategic and tactical perspective for the firm's multi-asset class strategies, in addition to being a member of its leadership team. He has 25 years of investment industry experience, 10 of which have been with BMO Financial Group. Previously, he was the Senior Investment Manager for institutional balanced accounts at a large life insurance company; and prior to that, President and CIO of two retail fund families at a large financial institution. Paul earned his Bachelor of Arts (Economics) degree from the University of Western Ontario and his Masters of Business Administration (MBA) degree from Queen's University. He is a CFA charterholder and a member of the CFA Institute and the Toronto CFA Society.

Also manages:BMO Asset Allocation - A, BMO Balanced ETF Portfolio Cl - A, BMO Cdn Divrsfd Mthly Inc Fd - Adv, BMO Conservative ETF Portfolio - A, BMO Equity Growth ETF Port Cl, BMO Fixed Income ETF Portfolio - A, BMO FundSelect Balanced Portfolio-A, BMO FundSelect Equity Growth Port-A, BMO FundSelect Growth Portfolio - A, BMO FundSelect Income Portfolio-A, BMO Global Divrsfd Fund - Advisor, BMO Growth ETF Portfolio Cl - A, BMO Inc ETF Portfolio Cl - A, BMO Income ETF Portfolio - A, BMO LifeStage Plus 2017 - A, BMO LifeStage Plus 2020 - A, BMO LifeStage Plus 2022 - A, BMO LifeStage Plus 2025 - A, BMO LifeStage Plus 2026 - A, BMO LifeStage Plus 2030 - A, BMO North American Dividend - A, BMO SelectClass Balanced Port - A, BMO SelectClass® Eq Gr Pt -Advisor*, BMO SelectClass® Equity Gro Port -A, BMO SelectClass® Growth Portfolio-A, BMO SelectClass® Income Port - A, BMO Target Education 2020 Port - A, BMO Target Education 2025 Port - A, BMO Target Education 2030 Port - A, BMO Target Education 2035 Port - A, BMO Target Education Income Pt - A, BMO U.S. Dollar Monthly Income - A

View fund manager performance report