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Fund Price: $22.82 (as at August 23, 2017)  1-day chg: $-.0338 -0.15%  YTD: -5.27%

Returns as at July 31, 2017

  Fund Group Avg Index*
1 Month -3.47% 0.59% 0.59%
3 Months -4.34% 0.95% 0.96%
6 Months -0.98% 5.61% 5.70%
1 Year 38.25% 21.88% 21.14%
2 Year Avg 9.08% 6.57% 6.94%
3 Year Avg 16.98% 9.78% 8.87%
4 Year Avg - 11.99% 11.27%
5 Year Avg - 15.16% 15.12%
10 Year Avg - 3.43% 2.00%
15 Year Avg - 7.13% 4.46%
20 Year Avg - 6.16% 2.13%
Since Inception 15.01% - -
 
2016 24.37% 10.49% 10.63%
2015 17.14% 7.56% 6.00%
2014 - 10.92% 9.58%
 
3 year risk 21.36 12.91 10.03
3 year beta 1.75 1.07 1.00

*Globe Financial Services 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 Financial Services Peer Index.

Risk Measures as at July 31, 2017

Best/Worst 12 months (since inception)
Best (ending Feb 17): 65.30 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jul 16): -13.94 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: 21 High

Fund Objectives

The Fund seeks to replicate, to the extent possible, the performance of a U.S. large capitalization banks index representing US banks included in a US bank sector or subsector industry classification, net of expenses. Currently,it seeks to replicate the performance of the Solactive Equal Weight US Bank Index. The investment strategy of the fund is to invest in and hold the Constituent Securities of the Solactive Equal Weight US Bank Index in the same proportion as they are reflected in the Solactive Equal Weight US Bank Index or securities intended to replicate the performance of the Index.

Fund Facts

Fund Sponsor: BMO Asset Management Inc.
Managed by: BMO Asset Management Inc.
Fund Type: MF Trust
Inception Date: February 2014
Asset Class: Financial Services Equity
Quartile Rank: 1 (3YR ending July 31, 2017)
Total Assets: $815.0 million
Mgmt Exp. Ratio (MER): 0.39%
Management Fee: 0.35%
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 July 31, 2017

Equity Sector Weightings July 31, 2017

Fund Geography July 31, 2017

Top Holdings as at July 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at August 23, 2017
1 Year Performance (%)
C-N Citigroup Investment Companies and Funds United States Stock 6.68   44.3 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
FRC-N First Republic Bank Banks United States Stock 6.27   32.07 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
PNC-N PNC Financial Services Banks United States Stock 6.15   48.79 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 6.03   39.38 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CMA-N Comerica Inc. Banks United States Stock 6.01   52.91 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BBT-N BB&T Corp. Banks United States Stock 5.95   21.9 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
FITB-Q Fifth Third Bancorp Banks United States Stock 5.9   36.27 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
MTB-N M & T Bank Corp. Banks United States Stock 5.89   29.83 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
STI-N Suntrust Banks Banks United States Stock 5.83   31.95 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
KEY-N Keycorp Banks United States Stock 5.83   45.63 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 August 23, 2017)

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
Jun 27, 2017 0.0700 0.0700 0.2950 23.761
Mar 28, 2017 0.0700 0.0700 0.2950 24.078
Dec 23, 2016 0.0800 0.0800 0.2950 24.777
Sep 27, 2016 0.0750 0.0750 0.2850 17.922
Jun 27, 2016 0.0700 0.0700 0.2750 15.174
Mar 28, 2016 0.0700 0.0700 0.2620 16.194

Portfolio Manager(s)

Robert Bechard

BMO Asset Management Inc.

Start Date: February, 2014

Fund Return: 15.02%

Also manages:BMO Discount Bond Index ETF, BMO Floating Rate High Yield ETF, BMO MSCI EAFE Index ETF, BMO MSCI Eur Hi Qlty Hdg C Inx ETF, BMO ST US IG Cor Bnd Hgd C Inx ETF, BMO US High Div Covered Call ETF

View fund manager performance report