The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $10.50 (as at May 25, 2017)  1-day chg: $-.0227 -0.22%  YTD: 4.79%

Returns as at April 30, 2017

  Fund Group Avg Index*
1 Month 0.03% 1.46% 1.46%
3 Months 2.73% 3.39% 3.37%
6 Months 10.63% 2.93% 2.95%
1 Year 17.81% 6.92% 6.83%
2 Year Avg 2.47% 2.94% 2.95%
3 Year Avg 1.25% 4.12% 4.22%
4 Year Avg 2.30% 4.60% 4.69%
5 Year Avg 3.49% 4.67% 4.92%
10 Year Avg 3.64% 3.48% 3.62%
15 Year Avg - 3.89% 4.22%
20 Year Avg - 4.57% 4.66%
Since Inception 5.45% - -
 
2016 11.23% 4.25% 4.15%
2015 -12.91% 1.44% 1.54%
2014 5.39% 6.98% 7.38%
 
3 year risk 9.44 3.95 3.56
3 year beta 1.19 1.01 1.00

*Globe Cdn Fixed Inc Balanced 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 Cdn Fixed Inc Balanced Peer Index.

Risk Measures as at April 30, 2017

Best/Worst 12 months (since inception)
Best (ending Mar 10): 34.32 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -21.78 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: 9 High

Fund Objectives

The Fund's goal is to generate a high level of tax-effective income with moderate volatility by investment primarily in a portfolio of high quality preferred shares of Canadian corporations. Any change to the fundamental investment objectives must be approved by a majority of votes cast at a meeting of Unitholders held for that reason.

Fund Facts

Fund Sponsor: BMO Mutual Funds - Advisor
Managed by: Guardian Capital LP.
Fund Type: MF Corp
Inception Date: July 2003
Asset Class: Canadian Fixed Income Balanced
Quartile Rank: 4 (3YR ending April 30, 2017)
Total Assets: $428.9 million
Mgmt Exp. Ratio (MER): 0.83%
Management Fee: 0.60%
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 April 30, 2017

Equity Sector Weightings April 30, 2017

Bond Type April 30, 2017

Top Holdings as at April 30, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at May 25, 2017
1 Year Performance (%)
RY-T Royal Bank of Canada Banks Canada Stock 2.74   17.4 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 - Canada Stock 2.72   17.67 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
NPI-T Northland Power Inc. Electrical Utilities Canada Stock 2.16   7.94 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 2.11   17.4 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gov't of Canada, 0.00%, JUN/29/17 Bond 2.03   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CU-T Canadian Utilities Electrical Utilities Canada Stock 2.02   12.43 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
NA-T National Bank of Canada Banks Canada Stock 1.96   20.71 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
- Bank of Montreal Pfd - Canada Stock 1.88   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
PPL-T Pembina Pipeline Corp. Oil Pipelines Canada Stock 1.81   12.6 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
ENB-T Enbridge Inc. - Canada Stock 1.77   -0.4 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 25, 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
May 16, 2017 0.0400 0.0400 0.4800 10.587
Apr 17, 2017 0.0400 0.0400 0.4800 10.794
Mar 16, 2017 0.0400 0.0400 0.4800 10.706
Feb 16, 2017 0.0400 0.0400 0.4800 10.629
Jan 16, 2017 0.0400 0.0400 0.4800 10.351
Dec 21, 2016 0.0400 0.0400 0.4800 10.113
Nov 16, 2016 0.0400 0.0400 0.4800 9.678
Oct 17, 2016 0.0400 0.0400 0.4800 9.815
Sep 16, 2016 0.0400 0.0400 0.4800 9.608
Aug 16, 2016 0.0400 0.0400 0.4800 9.867
Jul 18, 2016 0.0400 0.0400 0.4800 9.593
Jun 16, 2016 0.0400 0.0400 0.4800 9.325
May 16, 2016 0.0400 0.0400 0.4800 9.478
Apr 18, 2016 0.0400 0.0400 0.4800 9.398
Mar 16, 2016 0.0400 0.0400 0.4800 9.118
Feb 16, 2016 0.0400 0.0400 0.4800 8.497
Jan 18, 2016 0.0400 0.0400 0.4800 8.353
Dec 22, 2015 0.0400 0.0400 0.4800 9.318

Portfolio Manager(s)

Kevin Hall, Michele Robitaille

Guardian Capital LP.

Start Date: July, 2003

Fund Return: 5.05%

Also manages:BMO Monthly High Income Fund II - A, Guardian Equity Income Series I

View fund manager performance report