The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Fund Price: $60.27 (as at April 1, 2015)  1-day chg: $-.0393 -0.07%  YTD: 3.02%

Returns as at February 28, 2015

  Fund Group Avg Index*
1 Month 5.00% 3.38% 3.98%
3 Months 4.76% 2.17% 4.09%
6 Months 3.84% 0.12% -1.09%
1 Year 16.78% 10.23% 10.32%
2 Year Avg 15.39% 11.58% 12.31%
3 Year Avg 12.89% 10.37% 9.67%
4 Year Avg 8.61% 7.08% 4.92%
5 Year Avg 10.24% 9.07% 8.63%
10 Year Avg 6.73% 5.95% 7.57%
15 Year Avg 9.50% 8.11% 5.97%
20 Year Avg 11.17% 9.41% 9.18%
Since Inception 11.00% - -
 
2014 13.53% 8.98% 10.55%
2013 17.92% 16.61% 12.99%
2012 6.93% 7.85% 7.19%
 
3 year risk 6.37 6.83 8.25
3 year beta 0.66 0.67 1.00

*S&P/TSX Total Return

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the S&P/TSX Total Return.

Risk Measures as at February 28, 2015

Best/Worst 12 months (since inception)
Best (ending Mar 98): 47.92 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -30.70 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: 6 High

Fund Objectives

The goal of the Fund is to provide unitholders with as high a level of dividend income as possible by investing in high-quality shares that also offer the potential for modest capital growth. The fund invests in shares of companies listed on the Canadian stock exchanges with good past earnings and dividend payment records, and with the potential for future earnings and dividend growth. Assets include common shares, preferred shares, and convertible preferred shares. From time to time, the Fund may also invest in debentures, money market instruments, and other fixed-income securities.

Fund Facts

Fund Sponsor: BMO Mutual Funds
Managed by: BMO Asset Management Inc.
Fund Type: MF Trust
Inception Date: May 1994
Asset Class: Canadian Dividend and Income Equity
Quartile Rank: 1 (3YR ending February 28, 2015)
Total Assets: $4,696.8 million
Mgmt Exp. Ratio (MER): 1.80%
Management Fee: 1.50%
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 December 31, 2014

Equity Sector Weightings December 31, 2014

Fund Geography December 31, 2014

Top Holdings as at December 31, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at April 1, 2015
1 Year Performance (%)
TD.PF.D-T TD Bank Banks Canada Stock 7.53   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BNS-T Bank of Nova Scotia Banks Canada Stock 6.87   -1.87 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
RY-T Royal Bank of Canada Banks Canada Stock 6.02   4.2 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CNR-T Canadian National Railway Transportation Canada Stock 4.27   34.62 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
ENB-T Enbridge Inc. Oil Pipelines Canada Stock 4.02   17.46 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
JPM-N JP Morgan Chase & Co. Banks United States Stock 3.33   -1.19 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
WFC-N Wells Fargo & Co. Banks United States Stock 2.9   8.38 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
IFC-T Intact Financial Insurance Canada Stock 2.75   36.17 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BAM.A-T Brookfield Asset Management Management and Diversified Canada Stock 2.46   48.96 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TROW-Q T. Rowe Price Group Investment Companies and Funds United States Stock 2.4   -1.91 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
GIL-T Gildan Activewear Household Goods Canada Stock 2.34   35.87 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
MSFT-Q Microsoft Computer Software & Processing United States Stock 2.33   -1.69 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
QCOM-Q Qualcomm Telecommunications United States Stock 2.32   -13.32 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
MG-T Magna International Automotive Canada Stock 2.25   21.74 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TRP-T TransCanada Corp. Management and Diversified Canada Stock 2.22   5.39 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 April 1, 2015)

Frequency of Income Distributions: Quarterly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Mar 16, 2015 0.1000 0.1000 1.2995 59.736
Dec 18, 2014 0.1000 0.8995 0.9995 1.2995 57.565
Sep 16, 2014 0.1000 0.1000 1.0195 59.884
Jun 16, 2014 0.1000 0.1000 0.9295 57.707
Mar 17, 2014 0.1000 0.1000 0.8395 53.811
Dec 18, 2013 0.5911 0.1284 0.7195 0.7495 51.058

Portfolio Manager(s)

Lutz Zeitler, CFA, MBA

BMO Asset Management Inc.

Start Date: March, 2012

Fund Return: 13.33%

Lutz joined BMO Asset Management Inc. in March 2012 as Co-Portfolio Manager for the Dividend strategy. Prior to this Lutz was the Portfolio Manager for the Canadian Conservative Equity and Diversified Yield strategies at BMO Harris Investment Management. Lutz began his career in 1994 working for a large brokerage firm in Toronto as a Research Associate and later as an Institutional Sales Associate. Lutz holds a Master of Business Administration from the Richard Ivey School of Business and is a CFA charterholder.

Also manages:BMO Cdn Divrsfd Mthly Inc Fd - Adv, BMO Diversified Income Portfolio -A, BMO Dividend Class - A, BMO North American Dividend - A, BMO Preferred Share - A

View fund manager performance report

Philip Harrington, CFA, M.Fin.

BMO Asset Management Inc.

Start Date: March, 2012

Fund Return: 13.33%

Philip joined BMO Asset Management Inc. in March 2012 & brings with him over 11 years' experience in the investment industry. Philip is a member of the large cap portfolio management team at BMO Asset Management Inc. responsible for the firm's Canadian dividend & income strategies. Previously, he worked as both an analyst & portfolio manager at BMO Harris Investment Management. A graduate from the Univesrity of Toronto, Philip holds a BCom degree, received his Master of Finance from the Rotman School of Business & is a CFA charterholder.

Also manages:BMO Cdn Divrsfd Mthly Inc Fd - Adv, BMO Diversified Income Portfolio -A, BMO Dividend Class - A, BMO North American Dividend - A, BMO Preferred Share - A

View fund manager performance report