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BMO Low Volatility Canadian Equity ETF Fund Series A

Canadian Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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

Fundata ESG Grade D

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2019

Click for more information on Fundata’s FundGrade

NAVPS
(04-17-2024)
$12.50
Change
$0.01 (0.07%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

BMO Low Volatility Canadian Equity ETF Fund Series A

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Fund Returns

Inception Return (May 16, 2019): 7.34%

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 1.28% 3.71% 12.22% 3.71% 5.28% 3.68% 7.91% 12.75% - - - - - -
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 2.98% 13.93% 13.93% 6.16% 12.04% 3.60% 8.38% 15.41% 8.69% 8.07% 6.99% 7.91% 6.36% 6.41%
Category Rank 680 / 725 712 / 724 639 / 714 712 / 724 678 / 701 366 / 671 420 / 598 497 / 557 - - - - - -
Quartile Ranking 4 4 4 4 4 3 3 4 - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 2.74% -4.08% 1.27% -0.58% -2.45% -3.07% -0.85% 5.14% 3.80% 0.84% 1.55% 1.28%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

9.22% (November 2020)

Worst Monthly Return Since Inception

-14.22% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 0.70% 21.51% -1.37% 8.21%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 9.54% -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85%
Quartile Ranking - - - - - - 3 3 1 4
Category Rank - - - - - - 364/ 554 420/ 589 112/ 656 569/ 694

Best Calendar Return (Last 10 years)

21.51% (2021)

Worst Calendar Return (Last 10 years)

-1.37% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 90.04
Income Trust Units 8.84
Cash and Equivalents 1.11
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Consumer Services 22.89
Financial Services 21.01
Utilities 12.30
Real Estate 9.89
Basic Materials 9.51
Other 24.40

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.64
Latin America 1.36

Top Holdings

Top Holdings
Name Percent
BMO Low Volatility Canadian Equity ETF (ZLB) 99.57
CAD Currency 0.43

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 Low Volatility Canadian Equity ETF Fund Series A

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 9.77% - -
Beta 0.65% - -
Alpha 0.02% - -
Rsquared 0.78% - -
Sharpe 0.56% - -
Sortino 0.84% - -
Treynor 0.08% - -
Tax Efficiency 89.21% - -
Volatility 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 9.64% 9.77% - -
Beta 0.68% 0.65% - -
Alpha -0.04% 0.02% - -
Rsquared 0.82% 0.78% - -
Sharpe 0.09% 0.56% - -
Sortino 0.41% 0.84% - -
Treynor 0.01% 0.08% - -
Tax Efficiency 78.26% 89.21% - -

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 16, 2019
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $424

Fund Codes

FundServ Code Load Code Sales Status
BMO70772
BMO772

Investment Objectives

This fund’s objective is to provide a return that is similar to the return of one or more exchange traded funds that invest primarily in Canadian equities. The fund may invest all or a portion of its assets in one or more exchange traded funds, invest directly in the underlying securities held by the exchange traded funds and/or use derivatives to provide the fund with a return determined by reference to the exchange traded funds.

Investment Strategy

These are the strategies the portfolio manager uses to try to achieve the fund’s objective: currently invests up to 100% of the fund’s assets in securities of BMO Low Volatility Canadian Equity ETF; BMO Low Volatility Canadian Equity ETF seeks to provide exposure to the performance of a portfolio of Canadian equities that have lower sensitivity to market movements with the potential for long-term capital appreciation.

Portfolio Manager(s)

Name Start Date
BMO Asset Management Inc. 10-20-2011

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 1.43%
Management Fee 1.25%
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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