Performance
Trailing returns
| 1 day |
| -0.14% | |||
| 1 week |
| -0.25% | |||
| 4 week |
| -0.26% | |||
| 3 month | +0.83% |
| |||
| YTD | +2.51% |
| |||
| 1 year | +3.58% |
| |||
| 3 years* | +4.40% |
| |||
| 5 years* |
| -1.24% | |||
| *annualized | |||||
| Best 3 month return | +19.12% | |
| Worst 3 month return | -40.86% |
Morningstar statistics
Morningstar category: High Yield Fixed Income
| Return | Risk | Rating | |
| 3 years | Low | Below Average |
 
|
| 5 years | Low | High |
|
| 10 years | - | - | - |
| Overall | Low | Above Average |
|
Key statistics
| Total assets | 17.70M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | - | |
| Management fee | 1.35% | |
| Fund family | BMO Investments Inc. |
Asset allocation
| Cash | 19.67% | |
| Stocks | 0.00% | |
| Bonds | 75.24% | |
| Convertible | 0.47% | |
| Other | 4.61% |
Purchase information
| Initial | $500 | |
| IRA Initial | $5,000 | |
| AIP Initial | $50 | |
| AIP Additional | $50 |
6.40-0.01(-0.14%)
Jun 17, 4:30PM EDT
Overall Morningstar RatingTM
Description
This fund�s objective is to generate a high level of interest income that will fluctuate in line with short-term interest rates with a duration of less thank 365 days by investing primarily in high yield bonds and debentures issued by Canadian governments and corporations, U.S. dollar Canadian corporate bonds, U.S. corporate bonds, U.S. and Canadian debentures, convertible debentures and income trusts. This Fund invests in high yielding Canadian and U.S. floating rate bonds to generate monthly interest income that will fluctuate with changes in short-term interest rates. The fund concentrates on quality positioning - downside protection and management of default probability.
Asset managers:
Sadhana Valia (Started: Nov 23, 2012)
Lori Marchildon (Started: Nov 23, 2012)
Sadhana Valia (Started: Nov 23, 2012)
Lori Marchildon (Started: Nov 23, 2012)
Advisor Company:
Monegy, Inc.
Monegy, Inc.
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -4.40 | 1.08 | -8.69 | - | |
| Beta* | 0.41 | 0.22 | 0.77 | - | |
| Mean annual return | 0.23 | 0.36 | 0.04 | - | |
| R-squared* | 19.83 | 9.76 | 23.97 | - | |
| Standard deviation | 3.43 | 3.52 | 15.06 | - | |
| Sharpe ratio | 0.51 | 0.98 | -0.04 | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| PowerShares Senior Loan Port | 5.68% | |
| Bk Of Amer Corporation FRN | 4.22% | |
| GE Cap Cda Fdg Co Mtn Cds- FRN | 3.29% | |
| Fairfax Finl Hldgs 7.375% | 2.67% | |
| Ford Motor Credit Co FRN | 2.29% | |
| Metropolitan Life Global Fdg I FRN | 2.19% | |
| Echostar Dbs 7.75% | 1.24% | |
| Natl Money Mart Company 10.375% | 1.21% | |
| Chesapeake Energy Corp., Term Loan B, Floating Rate, Dec 2, 2017 | 1.16% | |
| Air Medical Group, Term Loan, Floating Rate, May 29, 2018 | 1.15% |