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BMO Asset Allocation Fund Series A

Canadian Neutral Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-15-2024)
$23.16
Change
$0.13 (0.54%)

As at April 30, 2024

As at April 30, 2024

As at February 29, 2024

Period
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Legend

BMO Asset Allocation Fund Series A

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Fund Returns

Inception Return (May 02, 1988): 5.97%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -2.05% 1.81% 10.97% 1.78% 4.44% 2.73% 1.70% 5.00% 3.56% 3.87% 3.50% 4.28% 3.66% 4.04%
Benchmark -1.88% 1.39% 11.11% 1.08% 4.37% 3.44% 3.24% 6.33% 4.97% 5.50% 4.90% 5.45% 4.60% 4.91%
Category Average -2.03% 10.42% 10.42% 1.66% 4.77% 3.36% 2.24% 5.58% 3.94% 4.18% 3.69% 4.36% 3.60% 3.95%
Category Rank 315 / 448 224 / 442 224 / 442 311 / 442 315 / 431 318 / 418 345 / 389 328 / 378 315 / 368 303 / 361 258 / 346 258 / 333 230 / 299 208 / 287
Quartile Ranking 3 3 3 3 3 4 4 4 4 4 3 4 4 3

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -3.23% 1.58% 1.09% -0.91% -2.94% -1.52% 5.64% 3.21% -0.03% 1.49% 2.42% -2.05%
Benchmark -3.45% 1.83% 0.93% -0.84% -3.01% -1.57% 6.01% 3.69% -0.31% 0.82% 2.49% -1.88%

Best Monthly Return Since Inception

7.46% (December 1997)

Worst Monthly Return Since Inception

-9.45% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.74% 2.39% 6.12% 5.98% -4.66% 12.97% 5.92% 11.70% -11.70% 8.48%
Benchmark 9.98% -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43%
Category Average 7.98% 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27%
Quartile Ranking 2 2 4 3 3 3 3 3 4 3
Category Rank 141/ 286 80/ 299 267/ 331 181/ 344 227/ 355 227/ 365 207/ 374 234/ 389 395/ 409 229/ 429

Best Calendar Return (Last 10 years)

12.97% (2019)

Worst Calendar Return (Last 10 years)

-11.70% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 39.47
Canadian Corporate Bonds 18.50
Canadian Government Bonds 16.06
US Equity 12.75
International Equity 9.65
Other 3.57

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 33.94
Financial Services 15.78
Technology 9.39
Energy 8.68
Basic Materials 6.15
Other 26.06

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.35
Europe 5.19
Asia 4.04
Africa and Middle East 0.23
Latin America 0.21
Other -0.02

Top Holdings

Top Holdings
Name Percent
BMO S&P 500 Index ETF (ZSP) 11.36
BMO MSCI EAFE Index ETF (ZEA) 7.29
B7604357 CDS USD R V 03MEVENT 462326059 CCPCDX 1.00% 20-Jun-2029 3.29
Royal Bank of Canada 3.19
Canadian Natural Resources Ltd 2.60
Toronto-Dominion Bank 2.22
BMO MSCI Emerging Markets Index ETF (ZEM) 2.00
Constellation Software Inc 1.84
Canadian Pacific Kansas City Ltd 1.77
Agnico Eagle Mines Ltd 1.56

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

BMO Asset Allocation Fund Series A

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 9.76% 10.09% 8.05%
Beta 1.01% 0.97% 0.95%
Alpha -0.02% -0.01% -0.01%
Rsquared 0.98% 0.98% 0.92%
Sharpe -0.06% 0.20% 0.36%
Sortino -0.12% 0.14% 0.22%
Treynor -0.01% 0.02% 0.03%
Tax Efficiency 34.48% 76.76% 80.46%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.25% 9.76% 10.09% 8.05%
Beta 0.95% 1.01% 0.97% 0.95%
Alpha 0.00% -0.02% -0.01% -0.01%
Rsquared 0.99% 0.98% 0.98% 0.92%
Sharpe -0.01% -0.06% 0.20% 0.36%
Sortino 0.31% -0.12% 0.14% 0.22%
Treynor 0.00% -0.01% 0.02% 0.03%
Tax Efficiency 88.81% 34.48% 76.76% 80.46%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date May 02, 1988
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $1,466

Fund Codes

FundServ Code Load Code Sales Status
BMO145
BMO70145

Investment Objectives

This fund's objective is to provide a balance between income and growth in the value of your investment over the long term. As part of its investment objective, the fund invests primarily in Canadian equities and fixed income securities. The portfolio manager may change the mix of assets according to its outlook for each asset class.

Investment Strategy

These are the strategies the portfolio manager uses to try to achieve the fund’s objective: invests in equities and in fixed income securities; invests between 30%-70% of the fund’s assets in equities, between 30%-70% of the fund’s assets in bonds and up to 30% of the fund’s assets in money market securities.

Portfolio Manager(s)

Name Start Date
Andrew Osterback 12-31-2008
Robert Armstrong 04-23-2024

Management and Organization

Fund Manager BMO Investments Inc.
Advisor BMO Asset Management Inc.
Custodian State Street Trust Company Canada
Registrar State Street Trust Company Canada
Distributor BMO Investments Inc.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 2.13%
Management Fee 1.75%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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