The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $18.94 (as at June 28, 2017)  1-day chg: $-.05892 -0.31%  YTD: 8.10%

Returns as at May 31, 2017

  Fund Group Avg Index*
1 Month 0.92% 1.48% 1.48%
3 Months 5.54% 5.11% 5.10%
6 Months 6.85% 4.63% 4.68%
1 Year 8.25% 3.53% 3.47%
2 Year Avg 5.47% 3.29% 3.21%
3 Year Avg 6.75% 5.88% 8.63%
4 Year Avg 6.02% 5.12% 6.99%
5 Year Avg 5.75% 4.03% 5.54%
10 Year Avg - 6.59% 7.21%
15 Year Avg - 7.07% 7.09%
20 Year Avg - 6.09% 7.03%
Since Inception 8.05% - -
 
2016 6.37% 1.34% 1.44%
2015 0.53% 2.57% 4.36%
2014 16.14% 16.15% 23.39%
 
3 year risk 6.57 7.35 8.32
3 year beta 0.62 0.75 1.00

*Globe Cdn Long Term Fixed Inc 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 Long Term Fixed Inc Peer Index.

Risk Measures as at May 31, 2017

Best/Worst 12 months (since inception)
Best (ending Jan 12): 18.09 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jan 16): -5.98 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: 7 High

Fund Objectives

The BMO Long Corporate Bond Index ETF has been designed to replicate, to the extent possible, the performance of the DEX Long Term Corporate Bond Index. The BMO Long Corporate Bond Index ETF invests in a variety of debt securities primarily with a term to maturity greater than ten years. Securities held in the Index are generally corporate bonds issued domestically in Canada in Canadian dollars, with an investment grade rating.

Fund Facts

Fund Sponsor: BMO Asset Management Inc.
Managed by: Jones Heward Investment Counsel
Fund Type: MF Trust
Inception Date: January 2010
Asset Class: Canadian Long Term Fixed Income
Quartile Rank: 2 (3YR ending May 31, 2017)
Total Assets: $386.0 million
Mgmt Exp. Ratio (MER): 0.34%
Management Fee: 0.30%
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 May 31, 2017

Bond Type May 31, 2017

Bond Term May 31, 2017

Top Holdings as at May 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at June 28, 2017
1 Year Performance (%)
  Hydro One Inc 5.360% 20-May-2036 Bond 2.74   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Nrth Wst Redwtr 4.250% 01-Jun-2029 Bond 2.48   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  TransCanada Pipelines, 4.55%, NOV/15/41 Bond 2.43   -4.95 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  407 International Inc 5.750% 14-Feb-2036 Bond 2.12   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  TELUS Corp., 4.85%, APR/05/44 Bond 2.12   -0.04 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fortisalberta Inc 5.370% 30-Oct-2039 Bond 1.81   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canadian Utilities, 5.18%, NOV/21/35 Bond 1.62   1.4 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Toronto Hydro 5.540% 21-May-2040 Bond 1.62   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Greater Toro Air 6.470% 02-Feb-2034 Bond 1.61   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Rogers Communications, 6.68%, NOV/04/39 Bond 1.6   3.57 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 June 28, 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
Jun 27, 2017 0.0620 0.0620 0.7590 18.996
May 26, 2017 0.0630 0.0630 0.7620 18.824
Apr 25, 2017 0.0630 0.0630 0.7640 18.624
Mar 28, 2017 0.0630 0.0630 0.7660 18.134
Feb 23, 2017 0.0630 0.0630 0.7680 17.933
Jan 26, 2017 0.0630 0.0630 0.7720 17.683
Dec 23, 2016 0.0630 0.0630 0.7760 17.681
Nov 25, 2016 0.0630 0.0630 0.7880 18.003
Oct 26, 2016 0.0630 0.0630 0.8000 18.701
Sep 27, 2016 0.0630 0.0630 0.8020 19.127
Aug 26, 2016 0.0650 0.0650 0.8040 18.901
Jul 26, 2016 0.0650 0.0650 0.8040 18.733
Jun 27, 2016 0.0650 0.0650 0.8040 18.595
May 26, 2016 0.0650 0.0650 0.8040 18.113
Apr 26, 2016 0.0650 0.0650 0.8040 17.940
Mar 28, 2016 0.0650 0.0650 0.8040 17.784
Feb 24, 2016 0.0670 0.0670 0.8040 17.483
Jan 26, 2016 0.0670 0.0670 0.8020 17.353

Portfolio Manager(s)

Jones Heward Invest.- Mgmt. Team

Jones Heward Investment Counsel

Start Date: January, 2010

Fund Return: 8.05%

Jones Heward Investment Counsel Inc. (�Jones Heward� or the �Manager�), a registered investment counsel and portfolio manager, is the trustee, manager, promoter and valuation agent of the BMO ETFs and is responsible for the administration of the BMO ETFs. Jones Heward is a Canadian investment manager and has over $28 billion in total assets under management as at January 31, 2009. Its clients include pensions, endowments, trusts, insurance company reserves, corporations and mutual funds. Jones Heward is an indirect, wholly-owned, subsidiary of Bank of Montreal.

Also manages:BMO Equal Weight Utilities ETF, BMO Junior Gold Index ETF

View fund manager performance report