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BMO Tactical Global Asset Allocation ETF Fund Series A

Tactical Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2019

Click for more information on Fundata’s FundGrade

NAVPS
(07-12-2024)
$13.00
Change
$0.03 (0.19%)

As at June 30, 2024

As at June 30, 2024

Period
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Legend

BMO Tactical Global Asset Allocation ETF Fund Series A

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Fund Returns

Inception Return (April 28, 2016): 4.95%

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 2.51% 3.64% 10.95% 10.95% 14.90% 8.95% 4.92% 5.89% 3.50% 3.67% 5.04% 4.59% - -
Benchmark 1.79% 1.93% 7.81% 7.81% 14.07% 12.55% 3.51% 5.23% 5.76% 5.68% 6.03% 6.45% 6.40% 7.19%
Category Average 0.53% 5.25% 5.25% 5.25% 9.52% 8.29% 2.10% 5.28% 4.32% 4.00% 3.88% 4.25% 3.72% 3.62%
Category Rank 12 / 345 13 / 344 21 / 342 21 / 342 53 / 341 151 / 340 46 / 327 142 / 319 203 / 310 186 / 287 109 / 273 143 / 259 - -
Quartile Ranking 1 1 1 1 1 2 1 2 3 3 2 3 - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.97% 0.85% -3.87% -1.21% 3.65% 2.30% 2.36% 2.60% 1.94% -2.38% 3.57% 2.51%
Benchmark 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79%

Best Monthly Return Since Inception

5.96% (October 2017)

Worst Monthly Return Since Inception

-7.63% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 6.78% 5.77% 7.89% 0.57% 7.23% -9.84% 8.52%
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 - - - 2 1 4 4 4 3 3
Category Rank - - - 106/ 262 3/ 281 280/ 297 264/ 318 253/ 320 180/ 339 180/ 340

Best Calendar Return (Last 10 years)

8.52% (2023)

Worst Calendar Return (Last 10 years)

-9.84% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 48.68
Canadian Corporate Bonds 17.75
Canadian Government Bonds 16.81
International Equity 6.63
Foreign Corporate Bonds 6.53
Other 3.60

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 41.29
Technology 13.23
Consumer Services 12.45
Healthcare 7.44
Financial Services 6.86
Other 18.73

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.35
Europe 4.88
Asia 1.69
Latin America 0.04
Other 0.04

Top Holdings

Top Holdings
Name Percent
BMO Aggregate Bond Index ETF (ZAG) 21.99
BMO Mid-Term US IG Corporate Bond Ix ETF (ZIC) 6.66
BMO Short Corporate Bond Index ETF (ZCS) 6.65
BMO Mid Corporate Bond Index ETF (ZCM) 6.57
BMO S&P 500 Index ETF (ZSP) 6.02
BMO NASDAQ 100 Equity Index ETF (ZNQ) 5.98
BMO International Dividend Hedged to CAD ETF (ZDH) 5.84
Eli Lilly and Co 5.52
Netflix Inc 5.22
Booking Holdings Inc 5.21

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 Tactical Global Asset Allocation ETF Fund Series A

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 7.39% 7.81% -
Beta 0.61% 0.69% -
Alpha 0.03% 0.00% -
Rsquared 0.56% 0.51% -
Sharpe 0.28% 0.21% -
Sortino 0.39% 0.13% -
Treynor 0.03% 0.02% -
Tax Efficiency 76.13% 78.33% -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.32% 7.39% 7.81% -
Beta 0.99% 0.61% 0.69% -
Alpha 0.01% 0.03% 0.00% -
Rsquared 0.82% 0.56% 0.51% -
Sharpe 1.13% 0.28% 0.21% -
Sortino 2.21% 0.39% 0.13% -
Treynor 0.10% 0.03% 0.02% -
Tax Efficiency 96.54% 76.13% 78.33% -

Fund Details

Start Date April 28, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $214

Fund Codes

FundServ Code Load Code Sales Status
BMO70763
BMO763

Investment Objectives

This fund’s objective is to provide long-term capital growth and preservation of capital by investing primarily, directly or indirectly, in a globally diversified portfolio of equity and fixed income exchange traded funds. 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 objectives: invests primarily in a combination of equity and fixed income exchange traded funds and may invest in other securities; may invest 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
Mirza Shakir 05-24-2024
Colin Cieszynski 05-24-2024
Matthew Montemurro 05-24-2024
Raymond Chan 05-24-2024

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 No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.72%
Management Fee 1.55%
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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