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Global Neutral Balanced
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Click for more information on Fundata’s ESG Grade
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|
Close (11-21-2024) |
$40.12 |
|---|---|
| Change |
$0.10
(0.25%)
|
| Open | $40.17 |
|---|---|
| Day Range | $39.94 - $40.17 |
| Volume | 2,572 |
As at October 31, 2024
As at October 31, 2024
As at July 31, 2024
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Inception Return (February 15, 2019): 7.50%
| 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 | -0.28% | 2.33% | 9.62% | 13.07% | 23.22% | 13.94% | 5.26% | 7.71% | 7.11% | - | - | - | - | - |
| Benchmark | 0.21% | 2.39% | 9.50% | 14.01% | 22.16% | 14.87% | 4.91% | 6.20% | 6.36% | 7.25% | 6.28% | 6.58% | 6.60% | 7.43% |
| Category Average | -0.44% | 7.82% | 7.82% | 10.43% | 19.47% | 11.21% | 3.06% | 6.10% | 5.22% | 5.85% | 4.75% | 5.15% | 5.03% | 4.93% |
| Category Rank | 972 / 1,711 | 504 / 1,709 | 147 / 1,686 | 309 / 1,675 | 172 / 1,664 | 212 / 1,614 | 252 / 1,477 | 277 / 1,341 | 204 / 1,267 | - | - | - | - | - |
| Quartile Ranking | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.74% | 3.06% | 0.44% | 2.59% | 2.22% | -2.07% | 2.74% | 1.15% | 3.08% | 0.40% | 2.21% | -0.28% |
| Benchmark | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% |
7.03% (April 2020)
-7.55% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | 10.25% | 10.32% | -10.95% | 12.48% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | - | - | - | - | - | 1 | 2 | 3 | 1 |
| Category Rank | - | - | - | - | - | - | 302/ 1,284 | 470/ 1,367 | 838/ 1,504 | 153/ 1,622 |
12.48% (2023)
-10.95% (2022)
| Name | Percent |
|---|---|
| US Equity | 29.28 |
| Canadian Government Bonds | 20.47 |
| International Equity | 16.48 |
| Canadian Equity | 14.94 |
| Canadian Corporate Bonds | 6.70 |
| Other | 12.13 |
| Name | Percent |
|---|---|
| Fixed Income | 38.42 |
| Technology | 14.57 |
| Financial Services | 12.36 |
| Healthcare | 4.83 |
| Consumer Services | 4.72 |
| Other | 25.10 |
| Name | Percent |
|---|---|
| North America | 83.09 |
| Europe | 8.03 |
| Asia | 7.66 |
| Latin America | 0.67 |
| Africa and Middle East | 0.57 |
| Other | -0.02 |
| Name | Percent |
|---|---|
| BMO S&P 500 Index ETF (ZSP) | 27.68 |
| BMO Aggregate Bond Index ETF (ZAG) | 27.32 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 15.33 |
| BMO US Aggregate Bond Index ETF (Hdg) (ZUAG.F) | 11.45 |
| BMO MSCI EAFE Index ETF (ZEA) | 10.85 |
| BMO MSCI Emerging Markets Index ETF (ZEM) | 4.92 |
| BMO S&P US Mid Cap Index ETF (ZMID) | 1.64 |
| BMO S&P US Small Cap Index ETF (ZSML) | 0.72 |
| BMO Government Bond Index ETF (ZGB) | 0.06 |
| BMO Mid-Term U.S. IG Corp Bond Hedged to CAD (ZMU) | 0.03 |
BMO Balanced ETF
Median
Other - Global Neutral Balanced
| Standard Deviation | 9.86% | 9.84% | - |
|---|---|---|---|
| Beta | 1.05% | 1.13% | - |
| Alpha | 0.00% | 0.00% | - |
| Rsquared | 0.92% | 0.89% | - |
| Sharpe | 0.22% | 0.52% | - |
| Sortino | 0.40% | 0.66% | - |
| Treynor | 0.02% | 0.05% | - |
| Tax Efficiency | 81.44% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.94% | 9.86% | 9.84% | - |
| Beta | 1.11% | 1.05% | 1.13% | - |
| Alpha | -0.01% | 0.00% | 0.00% | - |
| Rsquared | 0.91% | 0.92% | 0.89% | - |
| Sharpe | 2.40% | 0.22% | 0.52% | - |
| Sortino | 7.69% | 0.40% | 0.66% | - |
| Treynor | 0.15% | 0.02% | 0.05% | - |
| Tax Efficiency | 95.42% | 81.44% | - | - |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | February 15, 2019 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $255 |
| 52 Week High | $40.55 |
| 52 Week Low | $34.44 |
| Annual Dividend | $0.88 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Seeks to provide a balance of income and potential for long-term capital appreciation, primarily by investing in ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities.
BMO Balanced ETF will employ a strategic asset allocation strategy and is expected to primarily invest in other BMO ETFs. The BMO ETF’s asset class weightings will be approximately 60% in equity securities and 40% in fixed income securities. As an alternative to or in conjunction with investing directly in ETFs, exposure may be obtained by investing directly in equity and fixed income securities, in mutual funds and/or in derivative instruments.
| Name | Start Date |
|---|---|
| Sadiq S. Adatia, CFA | 10-06-2021 |
| Fund Manager | BMO Asset Management Inc. |
|---|---|
| Advisor | BMO Asset Management Inc. |
| Custodian | State Street Trust Company Canada |
| Registrar | State Street Trust Company Canada |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| MER | 0.20% |
|---|---|
| Management Fee | 0.18% |
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