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Fund Price: $14.01 (as at July 22, 2014)  1-day chg: $.0134 0.10%  YTD: 4.92%

Returns as at June 30, 2014

  Fund Group Avg Index*
1 Month 0.17% 0.21% 0.21%
3 Months 1.57% 1.70% 1.68%
6 Months 4.15% 4.10% 4.15%
1 Year 3.97% 4.33% 4.32%
2 Year Avg 1.14% 1.82% 1.80%
3 Year Avg 3.06% 3.54% 4.48%
4 Year Avg 3.13% 3.58% 4.22%
5 Year Avg 3.81% 4.32% 4.68%
10 Year Avg 3.99% 4.17% 4.42%
15 Year Avg 4.22% 4.48% 4.61%
20 Year Avg 5.50% 5.76% 5.74%
Since Inception 6.19% - -
 
2013 -2.87% -1.77% -1.86%
2012 2.52% 3.36% 3.21%
2011 6.80% 7.20% 9.83%
 
3 year risk 3.18 3.21 3.43
3 year beta 0.80 0.77 1.00

*Globe Canadian Fixed Income Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Canadian Fixed Income Peer Index.

Risk Measures as at June 30, 2014

Best/Worst 12 months (since inception)
Best (ending Jul 92): 23.75 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jan 95): -8.80 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 3 High

Fund Objectives

This fund's objectives are to provide a high level of interest income and some opportunity for growth in the value of your investment by investing primarily in high-quality Canadian government and corporate fixed-income securities maturing in more than one year.

Fund Facts

Fund Sponsor: BMO Mutual Funds
Managed by: BMO Asset Management Inc.
Fund Type: MF Trust
Inception Date: November 1987
Asset Class: Canadian Fixed Income
Quartile Rank: 3 (3YR ending June 30, 2014)
Total Assets: $3,743.6 million
Mgmt Exp. Ratio (MER): 1.60%
Management Fee: 1.30%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$50
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation June 30, 2014

Bond Type June 30, 2014

Bond Term June 30, 2014

Top Holdings as at June 30, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 22, 2014
1 Year Performance (%)
  BMO U.S. High Yield Bond Fund - A Fund 6.22     bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 3.45%, JUN/02/45 Bond 4.35   5.61 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 3.25%, JUN/01/21 Bond 3.37   1.81 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 1.25%, SEP/01/18 Bond 3.2   1.86 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 1.00%, MAY/01/15 Bond 2.54   0.16 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Quebec, 3.50%, DEC/01/45 Bond 2.13   5.51 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 4.00%, JUN/01/41 Bond 1.87   3.15 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 4.65%, JUN/02/41 Bond 1.68   4.64 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, AUG/28/14 Bond 1.6   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, SEP/11/14 Bond 1.6   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, SEP/25/14 Bond 1.6   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, JUL/03/14 Bond 1.42   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, AUG/14/14 Bond 1.33   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, JUL/17/14 Bond 1.28   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Quebec, 4.25%, DEC/01/43 Bond 1.23   4.8 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to July 22, 2014)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jul 16, 2014 0.0199 0.0199 0.2799 13.921
Jun 16, 2014 0.0182 0.0182 0.2823 13.875
May 16, 2014 0.0227 0.0227 0.2878 13.889
Apr 16, 2014 0.0213 0.0213 0.2907 13.806
Mar 17, 2014 0.0185 0.0185 0.2921 13.807
Feb 18, 2014 0.0213 0.0213 0.2967 13.705
Jan 16, 2014 0.0166 0.0166 0.3034 13.618
Dec 16, 2013 0.0420 0.0420 0.3031 13.514
Nov 18, 2013 0.0266 0.0266 0.3260 13.582
Oct 16, 2013 0.0218 0.0218 0.3271 13.465
Sep 16, 2013 0.0199 0.0199 0.3284 13.379
Aug 16, 2013 0.0311 0.0311 0.3322 13.474
Jul 16, 2013 0.0223 0.0223 0.3271 13.707
Jun 17, 2013 0.0237 0.0237 0.3279 13.946
May 16, 2013 0.0256 0.0256 0.3319 14.167
Apr 16, 2013 0.0227 0.0227 0.3294 14.248
Mar 18, 2013 0.0231 0.0231 0.3273 14.100
Feb 19, 2013 0.0280 0.0280 0.3269 14.020

Portfolio Manager(s)

Andrew Osterback, CFA

BMO Asset Management Inc.

Start Date: April, 2009

Fund Return: 4.20%

Andrew joined the BMO Asset Management Inc. fixed income team as a portfolio manager in 2005, and has over 18 years experience in managing fixed income portfolios. Prior to joining BMO Asset Management, Andrew managed a mix of mutual funds, pooled assets, and segregated private client portfolios for a major institutional investor. Andrew holds an Honours Bachelor of Commerce degree from the University of Windsor, a Bachelor of Arts degree (Economics) from the University of Western Ontario and received his CFA designation in 1999.

Also manages:BMO Diversified Income Portfolio -A, BMO Money Market - A, BMO Short-Term Income Class - A

View fund manager performance report

Denis Senecal, M.Sc.

BMO Asset Management Inc.

Start Date: March, 2014

Fund Return: 1.57%

Denis oversees the portfolio management, credit research and trading functions for all fundamental Canadian fixed income strategies, in addition to being a member of the firm's leadership team. He brings to BMO 23 years of financial markets experience, primarily focused on fixed income. Before joining BMO Asset Management Inc., Denis was Head of Fixed Income & Cash at a major asset management firm. Prior to this, he has held various senior fixed income positions for a major Canadian bank, a significantly large public pension plan, and an investment management firm. His experience includes managing fixed income, absolute return strategies, global and emerging debt, tactical asset mix, and fund of funds management. Denis holds both a B.A.A and M.Sc. degree in applied Economics and Finance from H.E.C. (University of Montreal).

Also manages:BMO Asset Allocation - A, BMO Diversified Income Portfolio -A, BMO Money Market - A, BMO Monthly Income - A, BMO Mortgage & Short Term Inc - A, BMO Short-Term Income Class - A

View fund manager performance report