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Fund Price: $14.39 (as at March 24, 2017)  1-day chg: $.02538 0.18%  YTD: 1.10%

Returns as at February 28, 2017

  Fund Group Avg Index*
1 Month 1.47% 1.19% 1.19%
3 Months 4.38% 3.36% 3.34%
6 Months 4.36% 3.05% 2.97%
1 Year 18.43% 14.51% 14.01%
2 Year Avg 3.08% 3.26% 3.11%
3 Year Avg 2.83% 3.10% 2.95%
4 Year Avg 4.08% 3.71% 3.33%
5 Year Avg 5.23% 4.64% 4.29%
10 Year Avg - 4.74% 4.14%
15 Year Avg - 5.27% 4.87%
20 Year Avg - 4.40% 4.42%
Since Inception 6.83% - -
 
2016 14.71% 10.33% 9.63%
2015 -6.70% -2.92% -2.75%
2014 1.71% 3.05% 2.59%
 
3 year risk 6.30 5.94 4.27
3 year beta 1.41 1.06 1.00

*Globe High Yield 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 High Yield Fixed Income Peer Index.

Risk Measures as at February 28, 2017

Best/Worst 12 months (since inception)
Best (ending Sep 12): 19.16 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 16): -10.28 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 BMO High Yield US Corporate Bond Hedged to CAD Index ETF seeks to replicate, to the extent possible, the performance of a broad United States high yield corporate bond market index, net of expenses. Currently, BMO High Yield US Corporate Bond Hedged to CAD Index ETF seeks to replicate the performance of the Barclays U.S. High Yield Very Liquid Index CAD Hedged. The investment strategy of BMO High Yield US Corporate Bond Hedged to CAD Index ETF is currently to invest in and hold the Constituent Securities of the Barclays U.S. High Yield Very Liquid Index CAD Hedged in the same proportion as they are reflected in the Barclays U.S. High Yield Very Liquid Index CAD Hedged or securities intended to replicate the performance of the Index.

Fund Facts

Fund Sponsor: BMO Asset Management Inc.
Managed by: Jones Heward Investment Counsel
Fund Type: MF Trust
Inception Date: October 2009
Asset Class: High Yield Fixed Income
Quartile Rank: 3 (3YR ending February 28, 2017)
Total Assets: $1,091.4 million
Mgmt Exp. Ratio (MER): 0.62%
Management Fee: 0.65%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
-
Subsequent:
-
Min. Invest (initial RRSP):
-
Subsequent RRSP:
-
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation February 28, 2017

Bond Type February 28, 2017

Bond Term February 28, 2017

Top Holdings as at February 28, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at March 24, 2017
1 Year Performance (%)
  SPDR Barclays High Yield Bond ETF Other 1.33   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Numericable Sfr SA 7.375% 01-May-2026 Bond 0.87   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Sprint Corporation, 7.13%, JUN/15/24 Bond 0.78   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  First Data Corp. - old, 7.00%, DEC/01/23 Bond 0.78   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Tenet Healthcare, 8.13%, APR/01/22 Bond 0.76   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  HCA Inc., 5.38%, FEB/01/25 Bond 0.75   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Altice SA, 7.75%, MAY/15/22 Bond 0.73   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Wind Acquisition Financial SA, 7.38%, APR/23/21 Bond 0.63   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Western Digital Corp 10.500% 01-Apr-2024 Bond 0.62   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Prime Ssb 9.250% 15-May-2023 Bond 0.6   - 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 March 24, 2017)

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
Feb 23, 2017 0.0670 0.0670 0.8360 14.550
Jan 26, 2017 0.0670 0.0670 0.8390 14.457
Dec 23, 2016 0.0770 0.0770 0.8420 14.326
Nov 25, 2016 0.0690 0.0690 0.8750 14.133
Oct 26, 2016 0.0680 0.0680 0.8920 14.447
Sep 27, 2016 0.0680 0.0680 0.9000 14.315
Aug 26, 2016 0.0700 0.0700 0.9080 14.384
Jul 26, 2016 0.0700 0.0700 0.9140 14.206
Jun 27, 2016 0.0700 0.0700 0.9200 13.679
May 26, 2016 0.0700 0.0700 0.9260 13.870
Apr 26, 2016 0.0700 0.0700 0.9320 13.806
Mar 28, 2016 0.0700 0.0700 0.9380 13.435
Feb 24, 2016 0.0700 0.0700 0.9440 12.788
Jan 26, 2016 0.0700 0.0700 0.9500 12.876
Dec 24, 2015 0.1100 0.1100 0.9560 13.248
Nov 25, 2015 0.0860 0.0860 0.9460 13.781
Oct 27, 2015 0.0760 0.0760 0.9360 14.237
Sep 25, 2015 0.0760 0.0760 0.9360 14.109

Portfolio Manager(s)

Team Managed

Jones Heward Investment Counsel

Start Date: October, 2009

Fund Return: 6.83%

Also manages:BMO Dow Jones Industrial Avg CA ETF, BMO EW US Banks Hgd CAD Index ETF, BMO EW US Hlth Care Hg CAD Idx ETF, BMO Emer Mkts Bd Hdg to CAD Idx ETF, BMO Equal Weight REITs Index ETF, BMO Global Infrastructure Index ETF, BMO India Equity Index ETF, BMO Junior Gas Index ETF, BMO Junior Oil Index ETF, BMO Mid Corporate Bond Index ETF, BMO Mid Federal Bond Index ETF, BMO Real Return Bond Index ETF, BMO S&P/TSX Capped Comp Index ETF, BMO S&P/TSX EW Gbl Base Metals ETF, BMO S&P/TSX EW Oil & Gas Index ETF

View fund manager performance report