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Global Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(04-12-2024)
$8.51
Change
$0.03 (0.33%)

As at March 31, 2024

As at March 31, 2024

Period
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Legend

BMO Fixed Income ETF Portfolio Series A

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Fund Returns

Inception Return (August 12, 2013): 1.15%

Fund Returns
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 0.86% -0.83% -0.81% -0.79% 2.90% -0.75% -1.94% -1.05% -0.28% 0.35% 0.27% 0.36% 0.31% 1.02%
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 182 / 541 480 / 538 111 / 513 480 / 538 215 / 490 228 / 417 172 / 337 148 / 280 124 / 245 65 / 203 74 / 168 58 / 135 65 / 123 53 / 99
Quartile Ranking 2 4 1 4 2 3 3 3 3 2 2 2 3 3

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.81% -1.54% 0.04% -0.24% -0.37% -2.34% -0.81% 4.88% 3.44% -0.83% -0.81% 0.86%
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%

Best Monthly Return Since Inception

4.88% (November 2023)

Worst Monthly Return Since Inception

-3.42% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 5.45% 3.16% 0.94% 0.48% 0.16% 6.15% 7.07% -2.38% -12.92% 6.62%
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 4 3 2 3 3 2 2 3 4 1
Category Rank 80/ 98 86/ 122 64/ 134 101/ 165 123/ 193 73/ 236 121/ 269 186/ 328 300/ 395 99/ 475

Best Calendar Return (Last 10 years)

7.07% (2020)

Worst Calendar Return (Last 10 years)

-12.92% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 41.67
Canadian Government Bonds 21.90
Foreign Government Bonds 9.98
Cash and Equivalents 7.36
Canadian Bonds - Other 6.18
Other 12.91

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 87.45
Cash and Cash Equivalent 7.36
Exchange Traded Fund 4.89
Financial Services 0.27
Other 0.03

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.06
Asia 3.36
Latin America 3.13
Europe 2.44
Africa and Middle East 1.01

Top Holdings

Top Holdings
Name Percent
BMO Mid-Term U.S. IG Corp Bond Hedged to CAD (ZMU) 34.83
BMO Long Federal Bond Index ETF (ZFL) 14.13
BMO Aggregate Bond Index ETF (ZAG) 10.97
BMO Emerging Markets Bond Hgd to CAD Index (ZEF) 9.98
BMO High Yield US Corp Bond Hgd to C$ Ix ETF (ZHY) 7.44
BMO Core Plus Bond Fund ETF (ZCPB) 5.48
BMO Canadian MBS Index ETF (ZMBS) 5.25
SPDR Series Trust ETF 4.89
Canada Government 0.00% 23-May-2024 1.75
BMO Ultra Short-Term Bond ETF (ZST) 1.70

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

BMO Fixed Income ETF Portfolio Series A

Median

Other - Global Fixed Income

3 Yr Annualized

Standard Deviation 6.82% 6.15% 4.98%
Beta 0.73% 0.54% 0.41%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.55% 0.36% 0.39%
Sharpe -0.64% -0.33% -0.05%
Sortino -0.91% -0.66% -0.51%
Treynor -0.06% -0.04% -0.01%
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.11% 6.82% 6.15% 4.98%
Beta 0.80% 0.73% 0.54% 0.41%
Alpha 0.03% 0.00% 0.00% 0.00%
Rsquared 0.47% 0.55% 0.36% 0.39%
Sharpe -0.23% -0.64% -0.33% -0.05%
Sortino 0.02% -0.91% -0.66% -0.51%
Treynor -0.02% -0.06% -0.04% -0.01%
Tax Efficiency 57.35% - - -

Fund Details

Start Date August 12, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $285

Fund Codes

FundServ Code Load Code Sales Status
BMO700
BMO70700

Investment Objectives

This fund’s objective is to preserve the value of your investment by investing primarily in exchange traded funds that invest in Canadian, U.S. and international fixed income securities. The fund may also invest in other mutual funds or invest directly in individual fixed income securities and cash or cash equivalents. The fund’s asset mix may be changed over time to reflect the portfolio manager’s long-term outlook for each asset class.

Investment Strategy

These are the strategies the portfolio manager uses to try and achieve the fund’s objective: employs a strategic asset allocation strategy; the fund’s asset class weightings will be approximately 95-100% in fixed income and 0-5% in equity securities.

Portfolio Manager(s)

Name Start Date
Steven Shepherd 09-01-2014
Robert Armstrong 07-26-2018
Sadiq S. Adatia, CFA 10-05-2021

Management and Organization

Fund Manager BMO Investments Inc.
Advisor BMO Asset Management Inc.
Custodian State Street Trust Company Canada
Registrar BMO Investments Inc.
Distributor BMO Investments Inc.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

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

Fees

MER 1.00%
Management Fee 0.75%
Load No Load
FE Max -
DSC Max -
LL Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

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