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Fund Price: $14.33 (as at May 1, 2015)  1-day chg: $-.0674 -0.47%  YTD: 1.29%

Returns as at March 31, 2015

  Fund Group Avg Index*
1 Month -0.45% -0.45% -0.45%
3 Months 3.31% 2.99% 2.95%
6 Months 5.67% 4.82% 4.71%
1 Year 7.92% 7.27% 6.94%
2 Year Avg 3.48% 3.63% 3.38%
3 Year Avg 3.40% 3.68% 3.47%
4 Year Avg 4.30% 4.60% 5.15%
5 Year Avg 4.27% 4.54% 4.88%
10 Year Avg 4.06% 4.35% 4.37%
15 Year Avg 4.53% 4.92% 4.86%
20 Year Avg 5.33% 5.51% 5.55%
Since Inception 6.25% - -
 
2014 7.11% 6.53% 6.39%
2013 -2.87% -1.77% -1.86%
2012 2.52% 3.41% 3.21%
 
3 year risk 3.74 3.75 3.34
3 year beta 1.11 1.03 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 March 31, 2015

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: 4 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 March 31, 2015)
Total Assets: $3,933.6 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 March 31, 2015

Bond Type March 31, 2015

Bond Term March 31, 2015

Top Holdings as at March 31, 2015

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at May 1, 2015
1 Year Performance (%)
  Province of Ontario, 3.45%, JUN/02/45 Bond 7.84   15.82 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 3.50%, DEC/01/45 Bond 5.89   13.78 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%, AUG/01/17 Bond 4.63   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 3.50%, JUN/02/24 Bond 3.37   7.29 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 3.05   17.05 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 1.50%, MAR/01/20 Bond 2.78   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of British Columbia, 3.20%, JUN/18/44 Bond 2.64   15.32 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Royal Bank of Canada, 2.77%, DEC/11/18 Bond 2.54   2.07 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 2.75%, JUN/01/22 Bond 2.24   4.58 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bank of Nova Scotia, 4.10%, JUN/08/17 Bond 1.34   -1.09 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Quebec, 3.75%, SEP/01/24 Bond 1.27   7.66 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Ontario, 3.15%, JUN/02/22 Bond 1.25   5.69 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  City of Montreal, 4.10%, DEC/01/34 Bond 1.22   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Province of Alberta, 2.85%, JAN/19/24 Bond 1.09   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  CIBC, 2.35%, OCT/18/17 Bond 1.08   0.86 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 May 1, 2015)

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
Apr 16, 2015 0.0182 0.0182 0.2133 14.634
Mar 16, 2015 0.0153 0.0153 0.2164 14.501
Feb 17, 2015 0.0129 0.0129 0.2196 14.573
Jan 16, 2015 0.0133 0.0133 0.2280 14.411
Dec 18, 2014 0.0199 0.0199 0.2313 14.130
Nov 17, 2014 0.0188 0.0188 0.2534 13.983
Oct 16, 2014 0.0174 0.0174 0.2611 14.109
Sep 16, 2014 0.0161 0.0161 0.2655 13.897
Aug 18, 2014 0.0206 0.0206 0.2693 14.052
Jul 16, 2014 0.0199 0.0199 0.2798 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

Portfolio Manager(s)

Andrew Osterback, CFA

BMO Asset Management Inc.

Start Date: April, 2009

Fund Return: 4.71%

Andrew joined BMO Asset Management Inc.'s active fixed income team as a portfolio manager in 2005, & has over 20 yrs experience in managing fixed income portfolios. Andrew overseas portfolios with an emphasis on the interest anticipation aspects of govmt bond sectors. Prior to joining BMO AM, he managed a mix of mutual funds, pooled assets, and segrtd. private client portfolios for a major institutional investor. Andrew holds an Honours BCom degree from the University of Windsor, a Bachelor of Arts degree (Economics) from the University of Western Ont & received his CFA designation in 1999.

Also manages:BMO Asset Allocation - A, BMO Core Bond - A, BMO Core Plus Bond - A, 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: 7.92%

Denis oversees portfolio management, strategies, research and execution for all active fixed income portfolios, in addition to being a member of the firm's leadership team. He has 23 years of financial markets experience, primarily focused on fixed income. Before joining BMO AM Inc., Denis was Head of Fixed Income & Cash at a major asset management firm. His experience includes managing fixed income, absolute return strategies, global and emerging debt, tactical asset mix, and fund of managers. 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 Core Bond - A, BMO Core Plus Bond - 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