Skip navigation

GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $7.69 (as at September 12, 2014)  1-day chg: $-.0225 -0.29%  YTD: 9.59%

Returns as at August 31, 2014

  Fund Group Avg Index*
1 Month 2.39% 1.50% 1.50%
3 Months 3.88% 3.24% 3.24%
6 Months 6.88% 5.30% 5.27%
1 Year 15.74% 15.47% 15.44%
2 Year Avg 9.78% 11.55% 11.30%
3 Year Avg 7.34% 8.49% 8.36%
4 Year Avg 7.15% 7.45% 7.50%
5 Year Avg 7.22% 7.41% 7.26%
10 Year Avg 6.06% 5.89% 5.15%
15 Year Avg 6.06% 5.31% 4.73%
20 Year Avg - 6.45% 5.89%
Since Inception 6.00% - -
 
2013 6.56% 11.32% 11.08%
2012 4.71% 6.04% 5.84%
2011 2.26% -1.33% -1.79%
 
3 year risk 3.78 4.93 4.36
3 year beta 0.78 1.02 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 August 31, 2014

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: 4 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: 3 (3YR ending August 31, 2014)
Total Assets: $3,697.2 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 June 30, 2014

Equity Sector Weightings June 30, 2014

Bond Type June 30, 2014

Top Holdings as at June 30, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at September 12, 2014
1 Year Performance (%)
  BMO International Equity Index ETF Fund 5.05     bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  BMO S&P 500 Index ETF Fund 4.16     bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  BMO High Yield US Corp Bond Hed ETF Fund 3.15     bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 3.75%, JUN/01/19 Bond 2.58   1.62 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 2.19   24.98 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 2.05   27.92 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 5.60%, JUN/02/35 Bond 1.84   9.02 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 3.45%, JUN/02/45 Bond 1.56   12.51 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Quebec, 5.00%, DEC/01/41 Bond 1.36   10.89 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
SU-T Suncor Energy Integrated Oils Canada Stock 1.35   15.28 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BNS-T Bank of Nova Scotia Banks Canada Stock 1.2   22.8 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BMO-T Bank of Montreal Banks Canada Stock 1.01   26.98 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Royal Bank of Canada, 0.95%, JUL/02/14 Bond 1.01   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Newfoundland, 10.95%, APR/15/21 Bond 0.96   0.15 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/01/23 Bond 0.91   6.49 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 September 12, 2014)

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
Aug 18, 2014 0.0240 0.0240 0.3372 7.615
Jul 16, 2014 0.0240 0.0240 0.3372 7.524
Jun 16, 2014 0.0240 0.0240 0.3372 7.518
May 16, 2014 0.0240 0.0240 0.3372 7.470
Apr 16, 2014 0.0240 0.0240 0.3372 7.389
Mar 17, 2014 0.0240 0.0240 0.3732 7.333
Feb 18, 2014 0.0240 0.0240 0.4092 7.279
Jan 16, 2014 0.0240 0.0240 0.4452 7.231
Dec 18, 2013 0.0284 0.0448 0.0732 0.4812 7.094
Nov 18, 2013 0.0093 0.0147 0.0240 0.4680 7.228
Oct 16, 2013 0.0093 0.0147 0.0240 0.5040 7.055
Sep 16, 2013 0.0093 0.0147 0.0240 0.5400 6.961
Aug 16, 2013 0.0093 0.0147 0.0240 0.5760 6.977
Jul 16, 2013 0.0093 0.0147 0.0240 0.6120 7.095
Jun 17, 2013 0.0093 0.0147 0.0240 0.6480 7.003
May 16, 2013 0.0093 0.0147 0.0240 0.6840 7.191
Apr 16, 2013 0.0233 0.0367 0.0600 0.7200 7.112
Mar 18, 2013 0.0233 0.0367 0.0600 0.7200 7.175

Portfolio Manager(s)

George Patterson, CFA, PhD

BMO Asset Management Inc.

Start Date: October, 2012

Fund Return: 9.52%

George Patterson, CFA, PhD 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. He 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 Cdn Large Cap Equity Fund - Adv, BMO Diversified Income Portfolio -A, BMO Global Equity Class - A, BMO Global Equity Class - Advisor, BMO Global Growth and Income - Adv, BMO Global Monthly Income, BMO Global Small Cap - Classic, 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: 5.78%

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 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: 5.78%

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 - A, BMO Balanced ETF Portfolio Cl - A, BMO Conservative ETF Portfolio - A, BMO Equity Growth ETF Port Cl, BMO Equity Growth ETF Portfolio - A, BMO Fixed Income ETF Portfolio - A, BMO FundSelect Balanced Portfolio S, BMO FundSelect Balanced Portfolio-A, BMO FundSelect Equity Growth Port-A, BMO FundSelect Growth Portfolio - A, BMO FundSelect Income Portfolio-A, BMO Growth ETF Portfolio - A, BMO Growth ETF Portfolio Cl - A, BMO Inc ETF Portfolio Cl - A, BMO Income ETF Portfolio - A, BMO LifeStage 2017 Class - A, BMO LifeStage 2020 Class - A, BMO LifeStage 2025 Class - A, BMO LifeStage 2030 Class - A, BMO LifeStage 2035 Class - A, BMO LifeStage 2040 Class - A, BMO LifeStage Plus 2015 - 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 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 SelectTrust Balanced Port - A, BMO SelectTrust Balanced Port - C, BMO SelectTrust Conservative Port-A, BMO SelectTrust Conservative Port-C, BMO SelectTrust Equity Grw Port - A, BMO SelectTrust Equity Grw Port -C, BMO SelectTrust Fixed Inc Port - A, BMO SelectTrust Growth Portf - C, BMO SelectTrust Growth Portfolio -A, BMO SelectTrust Income Port - A, BMO SelectTrust Income Port - C, BMO U.S. Dollar Balanced - A

View fund manager performance report