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Global Fixed Income
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|
NAVPS (05-02-2024) |
$9.29 |
|---|---|
| Change |
$0.03
(0.28%)
|
As at March 31, 2024
As at March 31, 2024
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Inception Return (May 14, 2018): 1.76%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.94% | 0.39% | 5.93% | 0.39% | 6.07% | 1.12% | -0.68% | 2.63% | 1.41% | - | - | - | - | - |
| Benchmark | 0.40% | 0.42% | 5.94% | 0.42% | 0.29% | -0.21% | -2.75% | -4.26% | -1.27% | -0.48% | 0.02% | 0.16% | 0.88% | 1.90% |
| Category Average | 0.75% | 5.89% | 5.89% | -0.15% | 2.55% | -0.69% | -1.73% | -0.14% | 0.16% | 0.37% | 0.58% | 0.83% | 0.83% | 1.23% |
| Category Rank | 128 / 542 | 136 / 539 | 270 / 514 | 136 / 539 | 24 / 490 | 76 / 417 | 90 / 337 | 10 / 281 | 31 / 245 | - | - | - | - | - |
| Quartile Ranking | 1 | 2 | 3 | 2 | 1 | 1 | 2 | 1 | 1 | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.79% | -0.53% | -0.05% | 0.97% | -0.16% | -0.88% | -0.48% | 3.30% | 2.63% | 0.22% | -0.76% | 0.94% |
| Benchmark | 0.77% | -1.74% | -2.61% | -0.13% | 1.51% | -3.16% | 1.33% | 2.61% | 1.46% | 0.01% | 0.00% | 0.40% |
3.79% (April 2020)
-8.90% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 10.53% | 4.78% | -0.14% | -10.54% | 8.09% |
| Benchmark | 10.42% | 16.63% | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% |
| Category Average | 4.74% | 2.92% | 2.08% | 2.75% | -0.04% | 5.49% | 5.94% | -1.81% | -10.70% | 5.33% |
| Quartile Ranking | - | - | - | - | - | 1 | 4 | 1 | 2 | 1 |
| Category Rank | - | - | - | - | - | 5/ 236 | 220/ 270 | 54/ 328 | 186/ 395 | 23/ 475 |
10.53% (2019)
-10.54% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 85.99 |
| Foreign Government Bonds | 6.15 |
| Cash and Equivalents | 4.89 |
| US Equity | 2.97 |
| Name | Percent |
|---|---|
| Fixed Income | 92.15 |
| Cash and Cash Equivalent | 4.88 |
| Financial Services | 2.97 |
| Name | Percent |
|---|---|
| North America | 56.01 |
| Europe | 43.37 |
| Africa and Middle East | 0.63 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| United States Treasury 3.88% 15-Aug-2033 | 2.84 |
| RABO BANK CAD DEPOSIT CAD 1.00% 30-Apr-2040 | 1.33 |
| T-Mobile USA Inc 4.85% 15-Dec-2028 | 1.18 |
| Energy Transfer LP 4.95% 15-Feb-2028 | 0.95 |
| Amgen Inc 4.05% 18-Jun-2029 | 0.95 |
| Citigroup Inc - Pfd | 0.93 |
| Morgan Stanley - Pfd | 0.91 |
| AbbVie Inc 3.20% 21-Aug-2029 | 0.87 |
| Enbridge Inc 3.70% 15-Apr-2027 | 0.82 |
| Berry Global Inc 1.57% 15-Dec-2025 | 0.80 |
BMO Crossover Bond Fund Series A
Median
Other - Global Fixed Income
| Standard Deviation | 5.80% | 6.66% | - |
|---|---|---|---|
| Beta | 0.53% | 0.17% | - |
| Alpha | 0.01% | 0.02% | - |
| Rsquared | 0.41% | 0.03% | - |
| Sharpe | -0.54% | -0.05% | - |
| Sortino | -0.77% | -0.25% | - |
| Treynor | -0.06% | -0.02% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.58% | 5.80% | 6.66% | - |
| Beta | 0.48% | 0.53% | 0.17% | - |
| Alpha | 0.06% | 0.01% | 0.02% | - |
| Rsquared | 0.40% | 0.41% | 0.03% | - |
| Sharpe | 0.28% | -0.54% | -0.05% | - |
| Sortino | 1.56% | -0.77% | -0.25% | - |
| Treynor | 0.03% | -0.06% | -0.02% | - |
| Tax Efficiency | 83.00% | - | - | - |
| Start Date | May 14, 2018 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $288 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| BMO161 | ||
| BMO70161 |
This fund’s objective is to provide interest income along with the opportunity for growth by investing primarily in lower quality investment grade fixed-income securities and higher quality non-investment grade securities, known as crossover bonds, that are primarily issued by corporations in developed markets.
These are the strategies the portfolio manager uses to try to achieve the fund’s objective: the fund invests primarily in bonds and debentures issued by corporations in developed markets, including the U.S. and Europe. The fund may also invest in debt securities issued by issuers in other jurisdictions; the fund invests primarily in securities rated BBB and BB at the time of investment by Standard & Poor’s Rating Service or the equivalent rating from other recognized rating agencies.
| Name | Start Date |
|---|---|
| Keith Patton | 05-30-2023 |
| Ian Robinson | 05-30-2023 |
| Fund Manager | BMO Investments Inc. |
|---|---|
| Advisor | Columbia Threadneedle Management Limited |
| Custodian | State Street Trust Company Canada |
| Registrar | BMO Investments Inc. |
| Distributor | BMO Investments Inc. |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.17% |
|---|---|
| Management Fee | 1.00% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
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