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Tactical Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-15-2024)
$12.71
Change
-$0.14 (-1.08%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

BMO Tactical Global Equity ETF Fund Series A

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Fund Returns

Inception Return (April 17, 2015): 5.85%

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 3.06% 3.79% -2.07% 12.24% 20.63% 6.17% 7.10% 10.70% 7.05% 6.07% 6.65% 7.28% - -
Benchmark 1.80% 5.77% 13.57% 5.77% 12.38% 6.05% 3.87% 6.63% 5.64% 5.56% 5.88% 6.44% 5.97% 7.01%
Category Average 1.99% 11.45% 11.45% 4.38% 9.40% 2.80% 3.17% 7.29% 4.50% 4.05% 3.79% 4.45% 3.50% 3.87%
Category Rank 19 / 358 7 / 358 13 / 358 7 / 358 7 / 356 30 / 356 27 / 342 34 / 334 51 / 317 69 / 299 32 / 274 28 / 242 - -
Quartile Ranking 1 1 1 1 1 1 1 1 1 1 1 1 - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.12% 0.97% 4.10% 2.96% 0.39% -4.80% -2.07% 3.80% 2.10% 3.79% 4.93% 3.06%
Benchmark 1.29% -1.31% 0.46% 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80%

Best Monthly Return Since Inception

6.14% (July 2015)

Worst Monthly Return Since Inception

-7.09% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - -2.59% 11.06% -4.00% 12.99% 8.72% 12.61% -8.68% 7.13%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 6.78% 0.31% 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35%
Quartile Ranking - - 4 1 3 2 1 2 2 3
Category Rank - - 210/ 210 20/ 274 183/ 296 154/ 312 75/ 332 117/ 336 126/ 355 246/ 356

Best Calendar Return (Last 10 years)

12.99% (2019)

Worst Calendar Return (Last 10 years)

-8.68% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 76.95
International Equity 19.83
Cash and Equivalents 3.15
Canadian Equity 0.06
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 25.02
Exchange Traded Fund 17.75
Consumer Services 14.42
Healthcare 9.15
Basic Materials 6.37
Other 27.29

Geographic Allocation

Geographic Allocation
Name Percent
North America 80.14
Europe 15.86
Asia 3.90
Latin America 0.08
Other 0.02

Top Holdings

Top Holdings
Name Percent
BMO S&P 500 Index ETF (ZSP) 13.07
BMO NASDAQ 100 Equity Index ETF (ZNQ) 12.99
BMO International Dividend Hedged to CAD ETF (ZDH) 12.94
SPDR S&P Insurance ETF (KIE) 8.90
iShares US Industrials ETF (IYJ) 8.85
SPDR S&P Homebuilders ETF (XHB) 8.82
Technology Select Sector SPDR ETF (XLK) 8.68
Eli Lilly and Co 4.93
Linde PLC 4.89
Netflix Inc 4.88

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

BMO Tactical Global Equity ETF Fund Series A

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 9.07% 10.32% -
Beta 0.58% 0.79% -
Alpha 0.05% 0.03% -
Rsquared 0.34% 0.38% -
Sharpe 0.51% 0.53% -
Sortino 0.68% 0.61% -
Treynor 0.08% 0.07% -
Tax Efficiency 79.59% 83.01% -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 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 9.89% 9.07% 10.32% -
Beta 1.00% 0.58% 0.79% -
Alpha 0.07% 0.05% 0.03% -
Rsquared 0.57% 0.34% 0.38% -
Sharpe 1.48% 0.51% 0.53% -
Sortino 2.94% 0.68% 0.61% -
Treynor 0.15% 0.08% 0.07% -
Tax Efficiency 99.66% 79.59% 83.01% -

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 April 17, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $312

Fund Codes

FundServ Code Load Code Sales Status
BMO217
BMO70217

Investment Objectives

This fund's objective is to provide long-term capital growth by investing primarily in a diversified portfolio of global equity exchange traded funds. The fund's asset mix may be changed over time to reflect the portfolio manager's outlook for each asset class.

Investment Strategy

These are the strategies the portfolio manager uses to try to achieve the fund’s objective: invests primarily in global equity exchange traded funds; invests up to 100% of the fund’s assets in securities of underlying funds, including funds that are managed by us or one of our affiliates or associates and non-affiliated funds.

Portfolio Manager(s)

Name Start Date
Paul Vendrinsky 04-13-2015
BMO Asset Management Inc. 07-22-2019

Management and Organization

Fund Manager BMO Investments Inc.
Advisor BMO Asset Management Inc.
Custodian State Street Trust Company Canada
Registrar BMO Investments Inc.
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 1.90%
Management Fee 1.60%
Load No Load
FE Max -
DSC Max -
LL Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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