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BMO USD Balanced ETF Portfolio Series A

Global Neutral Balanced

NAVPS
(05-16-2024)
$11.63
Change
-$0.03 (-0.23%)

As at April 30, 2024

As at April 30, 2024

Period
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Legend

BMO USD Balanced ETF Portfolio Series A

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Fund Returns

Inception Return (August 17, 2020): 3.52%

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 -3.70% 0.91% 12.85% 1.31% 9.27% 4.00% 1.14% - - - - - - -
Benchmark -2.97% 0.69% 12.57% 0.18% 7.88% 3.93% -0.68% 5.37% 4.34% 4.20% 4.95% 5.27% 4.59% 4.43%
Category Average -1.99% 10.80% 10.80% 2.42% 6.62% 4.42% 1.99% 5.55% 4.00% 4.27% 3.94% 4.83% 4.01% 4.42%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -0.63% 3.64% 1.77% -1.61% -3.94% -2.26% 6.64% 4.46% 0.40% 2.43% 2.30% -3.70%
Benchmark -1.50% 3.22% 2.23% -2.06% -3.63% -2.32% 7.23% 4.79% -0.51% 1.79% 1.95% -2.97%

Best Monthly Return Since Inception

6.64% (November 2023)

Worst Monthly Return Since Inception

-7.09% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 12.30% -16.69% 13.82%
Benchmark 2.93% -1.74% 5.51% 16.32% -5.58% 17.91% 13.35% 6.94% -17.27% 14.38%
Category Average 7.77% 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

13.82% (2023)

Worst Calendar Return (Last 10 years)

-16.69% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 58.60
Foreign Government Bonds 13.85
Foreign Corporate Bonds 13.36
Mortgages 8.66
International Equity 1.91
Other 3.62

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 35.89
Technology 18.70
Healthcare 8.76
Financial Services 6.91
Consumer Services 5.74
Other 24.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.91
Europe 1.68
Multi-National 1.17
Latin America 0.18
Asia 0.02
Other 0.04

Top Holdings

Top Holdings
Name Percent
BMO S&P 500 Index ETF U$ (ZSP.U) 46.44
BMO Mid-Term US IG Corporate Bond Ix ETF U$(ZIC.U) 10.77
iShares MBS ETF (MBB) 10.03
BMO Short-Term US Treasury Bond Idx ETF U$ (ZTS.U) 5.57
BMO Long-Term US Treasury Bond Index ETF U$(ZTL.U) 5.32
BMO S&P US Small Cap Index ETF USD (ZSML.U) 3.49
BMO S&P US Mid Cap Index ETF U$ (ZMID.U) 3.41
BMO Mid-Term US Treasury Bond Index ETF U$ (ZTM.U) 3.01
Industrial Select Sector SPDR ETF (XLI) 2.58
Health Care Select Sector SPDR ETF (XLV) 2.53

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

BMO USD Balanced ETF Portfolio Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 12.57% - -
Beta 1.21% - -
Alpha -0.02% - -
Rsquared 0.77% - -
Sharpe -0.07% - -
Sortino -0.12% - -
Treynor -0.01% - -
Tax Efficiency - - -
Volatility Volatility rating is 6 on a scale of 1 to 10 - -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.51% 12.57% - -
Beta 1.25% 1.21% - -
Alpha -0.02% -0.02% - -
Rsquared 0.74% 0.77% - -
Sharpe 0.41% -0.07% - -
Sortino 0.98% -0.12% - -
Treynor 0.04% -0.01% - -
Tax Efficiency 96.84% - - -

Fund Details

Start Date August 17, 2020
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Annual
Assets ($mil) $50

Fund Codes

FundServ Code Load Code Sales Status
BMO70812
BMO812

Investment Objectives

This fund’s objective is to generate a balance of income and potential for growth by investing primarily, directly or indirectly, in U.S. dollar denominated equities and fixed income securities.

Investment Strategy

These are the strategies the portfolio manager uses to try to achieve the fund’s objective: employs a strategic asset allocation strategy; the fund’s asset class weightings will be approximately 40% in fixed income securities and 60% in equity securities; may invest up to 100% of the fund’s assets in U.S. dollar securities of underlying funds, with such underlying funds expected to be predominantly or exclusively underlying funds that are managed by us or one of our affiliates or associates.

Portfolio Manager(s)

Name Start Date
Robert Armstrong 04-23-2024
Steven Shepherd 04-23-2024

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 1.58%
Management Fee 1.35%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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