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BMO Clean Energy ETF Fund Series A

Global Small/Mid Cap Eq

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

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

Fundata ESG Grade D

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NAVPS
(07-18-2024)
$6.89
Change
-$0.02 (-0.22%)

As at June 30, 2024

As at June 30, 2024

As at February 29, 2024

Period
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Legend

BMO Clean Energy ETF Fund Series A

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Fund Returns

Inception Return (June 01, 2021): -11.89%

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 -10.29% -3.27% -11.67% -11.67% -24.56% -12.85% -13.71% - - - - - - -
Benchmark -1.02% -1.32% 6.23% 6.23% 14.66% 15.68% 3.15% 10.42% 7.84% 6.21% 7.27% 8.79% 7.40% 8.38%
Category Average -1.10% 5.64% 5.64% 5.64% 11.09% 12.64% 0.44% 8.65% 6.43% 4.51% 4.89% 6.15% 4.76% 5.40%
Category Rank 274 / 275 247 / 275 270 / 272 270 / 272 266 / 268 247 / 249 232 / 236 - - - - - - -
Quartile Ranking 4 4 4 4 4 4 4 - - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -1.08% -9.95% -8.59% -9.10% 6.70% 8.14% -10.22% 1.51% 0.21% -4.01% 12.34% -10.29%
Benchmark 4.07% -0.53% -4.79% -3.18% 7.14% 5.59% -1.54% 5.26% 3.87% -3.18% 2.98% -1.02%

Best Monthly Return Since Inception

16.87% (July 2022)

Worst Monthly Return Since Inception

-11.29% (January 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - 1.53% -21.71%
Benchmark 9.59% 16.61% 7.47% 15.40% -7.34% 20.09% 11.07% 15.50% -13.14% 14.59%
Category Average 6.30% 9.56% 3.48% 12.62% -10.42% 13.76% 14.53% 12.37% -15.59% 12.82%
Quartile Ranking - - - - - - - - 1 4
Category Rank - - - - - - - - 4/ 242 257/ 258

Best Calendar Return (Last 10 years)

1.53% (2022)

Worst Calendar Return (Last 10 years)

-21.71% (2023)

Asset Allocation

Asset Allocation
Name Percent
International Equity 59.56
US Equity 34.86
Canadian Equity 3.59
Income Trust Units 1.31
Cash and Equivalents 0.68

Sector Allocation

Sector Allocation
Name Percent
Utilities 56.90
Energy 32.31
Technology 5.52
Industrial Goods 2.03
Basic Materials 1.21
Other 2.03

Geographic Allocation

Geographic Allocation
Name Percent
North America 38.88
Europe 29.29
Asia 21.58
Latin America 8.51
Africa and Middle East 1.27
Other 0.47

Top Holdings

Top Holdings
Name Percent
BMO Clean Energy Index ETF (ZCLN) 99.68
CAD Currency 0.32

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 Clean Energy ETF Fund Series A

Median

Other - Global Small/Mid Cap Eq

3 Yr Annualized

Standard Deviation 26.47% - -
Beta 1.07% - -
Alpha -0.16% - -
Rsquared 0.36% - -
Sharpe -0.54% - -
Sortino -0.74% - -
Treynor -0.13% - -
Tax Efficiency - - -
Volatility Volatility rating is 10 on a scale of 1 to 10 - -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 27.63% 26.47% - -
Beta 1.55% 1.07% - -
Alpha -0.47% -0.16% - -
Rsquared 0.62% 0.36% - -
Sharpe -1.06% -0.54% - -
Sortino -1.21% -0.74% - -
Treynor -0.19% -0.13% - -
Tax Efficiency - - - -

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 June 01, 2021
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $6

Fund Codes

FundServ Code Load Code Sales Status
BMO119
BMO70119

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 companies involved in clean energy related businesses. The fund may invest all or a portion of its assets in the 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: invests up to 100% of the fund’s assets in securities of BMO Clean Energy Index ETF; uses thematic investing and exclusionary screening by rating in the security selection process; currently, BMO Clean Energy Index ETF seeks to replicate, to the extent possible, the performance of the S&P Global Clean Energy Index.

Portfolio Manager(s)

Name Start Date
Raymond Chan 04-23-2024
Mirza Shakir 05-24-2024
Matthew Montemurro 05-24-2024

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 -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.96%
Management Fee 0.80%
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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