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BMO World Bond Fund Series A

Global Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(07-23-2024)
$8.10
Change
$0.01 (0.08%)

As at June 30, 2024

As at June 30, 2024

Period
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Legend

BMO World Bond Fund Series A

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Fund Returns

Inception Return (August 03, 1993): 2.42%

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 0.30% -1.02% -1.86% -1.86% 0.84% -0.48% -3.58% -3.04% -1.58% -0.53% -0.42% -0.91% 0.29% 0.82%
Benchmark 1.16% -0.09% 0.33% 0.33% 3.91% 2.42% -2.71% -3.97% -1.50% -0.40% 0.03% -0.26% 1.17% 2.01%
Category Average 0.71% -0.10% -0.10% -0.10% 3.35% 2.36% -2.12% -1.23% -0.21% 0.59% 0.49% 0.58% 1.01% 1.13%
Category Rank 511 / 545 506 / 544 491 / 533 491 / 533 457 / 488 423 / 442 300 / 360 230 / 295 195 / 248 155 / 212 117 / 175 120 / 156 85 / 127 76 / 114
Quartile Ranking 4 4 4 4 4 4 4 4 4 3 3 4 3 3

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -0.03% -0.56% -2.02% -0.86% 3.40% 2.92% -0.46% -1.04% 0.65% -2.16% 0.87% 0.30%
Benchmark -0.13% 1.51% -3.16% 1.33% 2.61% 1.46% 0.01% 0.00% 0.40% -1.24% 0.00% 1.16%

Best Monthly Return Since Inception

8.86% (January 2015)

Worst Monthly Return Since Inception

-4.75% (August 1995)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.56% 9.57% -0.35% -1.11% 1.08% 5.78% 4.38% -3.50% -10.89% 3.58%
Benchmark 10.42% 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72%
Category Average 4.74% 2.92% 2.08% 2.75% -0.04% 5.49% 5.94% -1.81% -10.70% 5.33%
Quartile Ranking 2 2 3 4 3 2 4 3 3 4
Category Rank 49/ 101 55/ 124 75/ 136 152/ 165 112/ 193 83/ 236 227/ 266 225/ 323 201/ 390 407/ 470

Best Calendar Return (Last 10 years)

9.57% (2015)

Worst Calendar Return (Last 10 years)

-10.89% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 41.93
Foreign Corporate Bonds 39.03
Canadian Corporate Bonds 9.51
Cash and Equivalents 7.69
Canadian Government Bonds 1.81
Other 0.03

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 92.28
Cash and Cash Equivalent 7.69
Financial Services 0.02
Other 0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 62.49
Europe 23.18
Asia 8.76
Africa and Middle East 4.17
Latin America 1.40

Top Holdings

Top Holdings
Name Percent
PSP CAPITAL INC COMPANY GUAR REGS 3.25% 02-Jul-2034 5.26
CIBC CAD DEPOSITS CAD 1.00% 30-Apr-2040 4.59
Ontario Teachers Finance Trust 4.63% 10-Apr-2029 4.56
United States Treasury 0.63% 15-Aug-2030 4.38
CHINA GOVERNMENT BOND BONDS 2.48% 25-Sep-2028 4.32
BRITISH COLUMBIA PROV OF SR UNSECURED REGS 3.00% 24-Jul-2034 4.22
United States Treasury 3.50% 15-Feb-2033 3.20
CPPIB CAPITAL INC COMPANY GUAR REGS 2.00% 01-Nov-2029 3.18
United States Treasury 1.25% 15-Aug-2031 3.13
BMO Mid-Term US IG Corporate Bond Ix ETF (ZIC) 3.11

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

BMO World Bond Fund Series A

Median

Other - Global Fixed Income

3 Yr Annualized

Standard Deviation 5.54% 4.93% 5.88%
Beta 0.59% 0.43% 0.60%
Alpha -0.02% -0.01% 0.00%
Rsquared 0.55% 0.36% 0.61%
Sharpe -1.17% -0.72% -0.08%
Sortino -1.37% -1.10% -0.49%
Treynor -0.11% -0.08% -0.01%
Tax Efficiency - - -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.94% 5.54% 4.93% 5.88%
Beta 0.83% 0.59% 0.43% 0.60%
Alpha -0.02% -0.02% -0.01% 0.00%
Rsquared 0.52% 0.55% 0.36% 0.61%
Sharpe -0.65% -1.17% -0.72% -0.08%
Sortino -0.51% -1.37% -1.10% -0.49%
Treynor -0.05% -0.11% -0.08% -0.01%
Tax Efficiency - - - -

Fund Details

Start Date August 03, 1993
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $222

Fund Codes

FundServ Code Load Code Sales Status
BMO70716
BMO716

Investment Objectives

This fund’s objectives are: to provide a high level of interest income; to provide some opportunity for growth in the value of your investment. As part of its investment objectives, the fund invests primarily in bonds and debentures that mature in more than one year and are issued by: governments and corporations around the world; supranational agencies like the World Bank.

Investment Strategy

These are the strategies the portfolio manager uses to try to achieve the fund’s objectives: will seek to optimize portfolio holdings in an effort to mitigate portfolio risk, while seeking superior risk-adjusted returns; will employ a fundamental driven process focused on duration management, yield curve positioning, country allocation, security selection and asset allocation into highly rated agencies.

Portfolio Manager(s)

Name Start Date
Keith Patton 04-23-2024
Andrew Brown 05-24-2024
Aran Bajwa 05-24-2024

Management and Organization

Fund Manager BMO Investments Inc.
Advisor Columbia Threadneedle Management Limited
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 500
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 2.27%
Management Fee 1.75%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

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