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BMO Target Education 2040 Portfolio Series A

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2035+ Target Date

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023

Click for more information on Fundata’s FundGrade

NAVPS
(11-19-2024) 		$13.34
Change
-$0.02 (-0.15%)

As at October 31, 2024

As at October 31, 2024

As at July 31, 2024

Period
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Legend

BMO Target Education 2040 Portfolio Series A

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Fund Returns

Inception Return (August 17, 2020): 8.33%

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 -0.09% 2.80% 9.83% 14.23% 24.54% 13.87% 5.41% 9.79% - - - - - -
Benchmark 0.42% 2.79% 10.62% 17.20% 26.88% 18.07% 6.92% 9.55% 8.96% 9.52% 8.24% 8.84% 8.53% 9.24%
Category Average 0.19% 2.76% 9.63% 15.22% 25.63% 14.58% 5.45% 9.57% 8.47% 8.73% 7.07% 7.50% - -
Category Rank 59 / 64 39 / 64 41 / 61 44 / 61 47 / 59 34 / 55 22 / 52 19 / 51 - - - - - -
Quartile Ranking 4 3 3 3 4 3 2 2 - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 5.77% 3.07% 0.62% 2.94% 2.55% -2.08% 2.94% 0.26% 3.52% 0.34% 2.55% -0.09%
Benchmark 5.87% 2.26% 1.06% 4.23% 2.30% -1.69% 2.36% 2.01% 3.06% -0.02% 2.38% 0.42%

Best Monthly Return Since Inception

8.43% (November 2020)

Worst Monthly Return Since Inception

-6.45% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 15.31% -9.89% 10.65%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average - - - 9.84% -4.94% 15.96% 11.33% 14.69% -10.61% 10.61%
Quartile Ranking - - - - - - - 1 1 3
Category Rank - - - - - - - 12/ 51 7/ 52 29/ 55

Best Calendar Return (Last 10 years)

15.31% (2021)

Worst Calendar Return (Last 10 years)

-9.89% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 30.17
Canadian Equity 22.89
International Equity 22.54
Canadian Bonds - Funds 15.41
Foreign Corporate Bonds 4.28
Other 4.71

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 21.12
Financial Services 16.39
Technology 13.15
Consumer Services 6.00
Energy 5.88
Other 37.46

Geographic Allocation

Geographic Allocation
Name Percent
North America 76.79
Europe 12.64
Asia 9.31
Latin America 0.97
Africa and Middle East 0.13
Other 0.16

Top Holdings

Top Holdings
Name Percent
BMO S&P 500 Index ETF (ZSP) 21.10
BMO MSCI EAFE Index ETF (ZEA) 15.99
BMO Core Bond Fund Series I 15.41
BMO S&P/TSX Capped Composite Index ETF (ZCN) 15.09
BMO Canadian Dividend ETF (ZDV) 8.56
BMO US Dividend ETF (ZDY) 5.15
BMO Emerging Markets Fund Series I 4.73
BMO U.S. High Yield Bond Fund Series I 4.53
BMO U.S. Small Cap Fund Series I 4.48
ROYAL BANK OF CANADA TD - 3.70% 01-Nov-2024 1.93

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 Target Education 2040 Portfolio Series A

Median

Other - 2035+ Target Date

3 Yr Annualized

Standard Deviation 10.66% - -
Beta 0.97% - -
Alpha -0.01% - -
Rsquared 0.92% - -
Sharpe 0.22% - -
Sortino 0.40% - -
Treynor 0.02% - -
Tax Efficiency 88.33% - -
Volatility Volatility rating is 5 on a scale of 1 to 10 - -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.28% 10.66% - -
Beta 0.99% 0.97% - -
Alpha -0.02% -0.01% - -
Rsquared 0.87% 0.92% - -
Sharpe 2.44% 0.22% - -
Sortino 8.22% 0.40% - -
Treynor 0.18% 0.02% - -
Tax Efficiency 97.13% 88.33% - -

Fundata ESG Metrics

Fundata ESG Score

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.

Fundata E Score

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.

Fundata S Score

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.

Fundata G Score

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.

View the full methodology

Fund Details

Start Date August 17, 2020
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $41

Fund Codes

FundServ Code Load Code Sales Status
BMO100
BMO70100

Investment Objectives

This fund’s objective is to provide the opportunity for capital appreciation by investing primarily in a diversified mix of mutual funds and/or exchange traded funds until its target date of June 30, 2040 approaches.

Investment Strategy

The fund is designed to meet the needs of investors who are saving money for the purpose of funding a post-secondary education that commences around the year 2040.

Portfolio Manager(s)

Name Start Date
Robert Armstrong 04-23-2024
Steve Xu 05-24-2024

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 1.25%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.60%
Trailer Fee Max (LL) -

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