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BMO Tactical Balanced ETF Fund Series A

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Tactical Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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.

NAVPS
(12-19-2024) 		$10.83
Change
$0.00 (0.04%)

As at November 30, 2024

As at November 30, 2024

As at July 31, 2024

Period
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Legend

BMO Tactical Balanced ETF Fund Series A

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Fund Returns

Inception Return (April 17, 2015): 2.88%

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 -0.72% 2.22% 4.39% 7.97% 11.22% 6.76% 3.13% 3.02% 2.93% 2.97% 3.04% 3.08% 2.54% -
Benchmark 2.87% 5.40% 10.72% 17.28% 19.68% 13.41% 5.30% 5.73% 6.56% 7.36% 6.49% 7.10% 6.83% 7.51%
Category Average 2.97% 4.52% 8.65% 13.75% 17.28% 9.67% 4.43% 5.48% 5.29% 5.81% 4.53% 4.91% 4.78% 4.33%
Category Rank 331 / 343 306 / 343 315 / 341 296 / 338 295 / 338 274 / 336 245 / 331 279 / 314 263 / 312 253 / 290 230 / 273 220 / 254 171 / 192 -
Quartile Ranking 4 4 4 4 4 4 3 4 4 4 4 4 4 -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 3.01% -1.78% 1.70% 1.79% 0.77% 0.94% -1.71% 2.33% 1.53% 2.83% 0.13% -0.72%
Benchmark 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79% 3.28% -0.07% 2.25% 0.21% 2.87%

Best Monthly Return Since Inception

9.13% (November 2022)

Worst Monthly Return Since Inception

-6.96% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - 0.50% 2.62% 0.41% 6.10% 3.08% 3.56% -5.56% 6.33%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 6.78% 0.31% 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35%
Quartile Ranking - - 4 4 1 4 3 4 1 3
Category Rank - - 176/ 192 233/ 254 24/ 273 281/ 291 190/ 312 284/ 314 37/ 335 246/ 336

Best Calendar Return (Last 10 years)

6.33% (2023)

Worst Calendar Return (Last 10 years)

-5.56% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 45.87
US Equity 27.14
Foreign Government Bonds 11.55
Cash and Equivalents 8.64
Canadian Equity 0.48
Other 6.32

Sector Allocation

Sector Allocation
Name Percent
Exchange Traded Fund 18.44
Technology 11.79
Fixed Income 11.68
Financial Services 9.36
Cash and Cash Equivalent 8.64
Other 40.09

Geographic Allocation

Geographic Allocation
Name Percent
North America 47.89
Asia 21.18
Multi-National 16.40
Europe 10.50
Latin America 2.26
Other 1.77

Top Holdings

Top Holdings
Name Percent
BMO MSCI Emerging Markets Index ETF (ZEM) 13.85
BMO MSCI EAFE Hedged to CAD Index ETF (ZDM) 12.97
iShares 20 Plus Year Treasury Bond ETF (TLT) 11.76
Invesco S&P 500 Eql Wght ETF (RSP) 11.55
BMO S&P 500 Hedged to CAD Index ETF (ZUE) 8.92
FREEDOM 100 EMERGING MARKETS E FREEDOM 100 EMEGING MRKT ETF 8.04
BMO Money Market Fund ETF Series (ZMMK) 7.11
Energy Select Sector SPDR ETF (XLE) 4.89
SPDR S&P Biotech ETF (XBI) 3.65
BMO Clean Energy Index ETF (ZCLN) 3.57

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

BMO Tactical Balanced ETF Fund Series A

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 10.35% 8.60% -
Beta 0.87% 0.75% -
Alpha -0.01% -0.02% -
Rsquared 0.58% 0.52% -
Sharpe 0.01% 0.11% -
Sortino 0.09% 0.04% -
Treynor 0.00% 0.01% -
Tax Efficiency 81.27% 81.10% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 3 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 5.66% 10.35% 8.60% -
Beta 0.27% 0.87% 0.75% -
Alpha 0.06% -0.01% -0.02% -
Rsquared 0.06% 0.58% 0.52% -
Sharpe 1.12% 0.01% 0.11% -
Sortino 2.62% 0.09% 0.04% -
Treynor 0.24% 0.00% 0.01% -
Tax Efficiency 100.00% 81.27% 81.10% -

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 April 17, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $171

Fund Codes

FundServ Code Load Code Sales Status
BMO70222
BMO738

Investment Objectives

This fund's objective is to provide long-term capital growth and preservation of capital by investing primarily in a diversified portfolio of global equity and fixed income exchange traded funds. The fund's asset mix may be changed over time to reflect the portfolio manager's outlook for each asset class.

Investment Strategy

These are the strategies the portfolio manager uses to try to achieve the fund’s objective: invests primarily in equity and fixed income exchange traded funds; invests up to 100% of the fund’s assets in securities of underlying funds, including funds that are managed by us or one of our affiliates or associates and non-affiliated funds; considers asset class and sector investments based on fundamentals as well as economic and markets outlook.

Portfolio Manager(s)

Name Start Date
Larry Berman 05-27-2022

Management and Organization

Fund Manager BMO Investments Inc.
Advisor Quintessence Wealth
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 1.77%
Management Fee 1.50%
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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