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BMO Government Bond Index ETF

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Canadian Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(12-20-2024) 		$46.10
Change
$0.20 (0.43%)

As at November 30, 2024

As at November 30, 2024

Period
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Legend

BMO Government Bond Index ETF

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Fund Returns

Inception Return (March 02, 2018): 1.54%

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 1.66% 2.27% 6.34% 4.10% 7.72% 4.06% -0.57% -1.57% 0.06% 1.60% - - - -
Benchmark 1.51% 2.25% 8.10% 4.64% 8.22% 4.86% 0.01% -0.96% 0.66% 2.03% 1.69% 1.78% 1.96% 2.06%
Category Average 1.56% 2.28% 6.05% 4.52% 8.27% 4.63% -0.37% -1.20% 0.30% 1.59% 1.12% 1.23% 1.37% 1.30%
Category Rank 329 / 666 491 / 659 369 / 639 547 / 630 525 / 628 552 / 605 486 / 589 485 / 560 429 / 528 337 / 490 - - - -
Quartile Ranking 2 3 3 4 4 4 4 4 4 3 - - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 3.47% -1.63% -0.53% 0.48% -2.31% 1.93% 1.19% 2.38% 0.36% 1.84% -1.21% 1.66%
Benchmark 3.42% -1.36% -0.40% 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82% -1.07% 1.51%

Best Monthly Return Since Inception

4.48% (November 2023)

Worst Monthly Return Since Inception

-3.60% (January 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 6.35% 8.75% -3.06% -12.45% 6.00%
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average 7.06% 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16%
Quartile Ranking - - - - - 3 2 3 3 3
Category Rank - - - - - 257/ 499 218/ 529 410/ 560 438/ 590 450/ 605

Best Calendar Return (Last 10 years)

8.75% (2020)

Worst Calendar Return (Last 10 years)

-12.45% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 99.48
Canadian Corporate Bonds 0.35
Foreign Government Bonds 0.16
Cash and Equivalents 0.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 99.99
Cash and Cash Equivalent 0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.99
Asia 0.01

Top Holdings

Top Holdings
Name Percent
Canada Government 1.25% 01-Jun-2030 1.83
Canada Government 3.00% 01-Jun-2034 1.82
Canada Government 2.00% 01-Dec-2051 1.81
Canada Government 1.50% 01-Jun-2031 1.70
Canada Government 1.50% 01-Dec-2031 1.60
Canada Government 2.00% 01-Jun-2032 1.47
Canada Government 0.50% 01-Dec-2030 1.44
Canada Government 3.25% 01-Dec-2033 1.44
Canada Government 2.75% 01-Dec-2055 1.37
Canada Government 1.75% 01-Dec-2053 1.33

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

BMO Government Bond Index ETF

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 7.82% 6.79% -
Beta 1.07% 1.02% -
Alpha -0.01% -0.01% -
Rsquared 0.95% 0.93% -
Sharpe -0.49% -0.29% -
Sortino -0.56% -0.53% -
Treynor -0.04% -0.02% -
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 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 6.12% 7.82% 6.79% -
Beta 0.91% 1.07% 1.02% -
Alpha 0.00% -0.01% -0.01% -
Rsquared 0.80% 0.95% 0.93% -
Sharpe 0.51% -0.49% -0.29% -
Sortino 1.29% -0.56% -0.53% -
Treynor 0.03% -0.04% -0.02% -
Tax Efficiency 85.73% - - -

Fund Details

Start Date March 02, 2018
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $1,268

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

BMO Government Bond Index ETF seeks to replicate, to the extent possible, the performance of a government bond index, net of expenses. Currently, BMO Government Bond Index ETF seeks to replicate the performance of the Bloomberg Barclays Canadian Treasury and Government-Related Index.

Investment Strategy

The investment strategy of BMO Government Bond Index ETF is currently to invest in and hold the constituent securities of the FTSE Canada All Government Bond Index™ in the same proportion as they are reflected in the Index. The Manager may also use a sampling methodology in selecting investments for BMO Government Bond Index ETF to obtain exposure to the performance of the Index.

Portfolio Manager(s)

Name Start Date
BMO Asset Management Inc. 02-02-2018

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.17%
Management Fee 0.15%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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