- Nineteen BMO ETFs and mutual funds awarded A+ Rating for
2017
TORONTO, Jan. 26, 2018 /CNW/ - BMO Global Asset Management
was honoured at last night's annual Fundata FundGrade A+ Awards in
Toronto, where 19 BMO exchange
traded funds (ETFs) and mutual funds were recognized for their 2017
performance.
The FundGrade A+ Awards recognize funds that have shown
consistent, risk-adjusted performance in a calendar year.
The following BMO ETFs and mutual funds were awarded Fundata's
A+ rating:
- BMO Short Corporate Bond Index ETF (Ticker: ZCS)
- BMO Long Corporate Bond Index ETF (Ticker: ZLC)
- BMO Mid Corporate Bond Index ETF (Ticker: ZCM)
- BMO Low Volatility Canadian Equity ETF (Ticker: ZLB)
- BMO US Dividend ETF (Ticker: ZDY)
- BMO Mid-Term US IG Corporate Bond Index ETF (Ticker: ZIC)
- BMO MSCI Europe High Quality Hedged to CAD Index ETF (Ticker:
ZEQ)
- BMO Floating Rate High Yield ETF (Ticker: ZFH)
- BMO MSCI All Country World High Quality Index ETF (Ticker:
ZGQ)
- BMO Mid Provincial Bond Index ETF (Ticker: ZMP)
- BMO US High Dividend Covered Call ETF (Ticker: ZWH)
- BMO Enterprise Fund Advisor Series
- BMO Tactical Dividend ETF Fund Series A
- BMO Target Education 2025 Portfolio Series A
- BMO Target Education 2030 Portfolio Series A
- BMO Emerging Markets Fund Series A
- BMO Resource Fund Series A
- BMO Target Education 2035 Portfolio Series A
- BMO Conservative ETF Portfolio Series A
"Having multiple ETFs and mutual funds honoured by Fundata
demonstrates the quality and depth of our product shelf," said
Kevin Gopaul, Head of BMO Global
Asset Management Canada. "We're committed to providing investment
products that best benefit investor portfolios, regardless of the
product type, across traditional active mutual funds, ETFs with
precise exposures, and solution based funds. Being recognized for
both our active and passive funds is a testament to our commitment
to offering a comprehensive suite of industry-leading funds to
investors."
For more information please visit: www.bmo.com/gam/ca
Get the latest BMO press releases via Twitter by following
@BMOmedia
About BMO Financial Group
Serving customers for 200
years and counting, BMO is a highly diversified financial services
provider – the 8th largest bank, by assets, in North
America. With total assets of $710 billion as
of October 31, 2017, and more than 45,000 employees, BMO
provides a broad range of personal and commercial banking, wealth
management and investment banking products and services to more
than 12 million customers and conducts business through three
operating groups: Personal and Commercial Banking, Wealth
Management and BMO Capital Markets.
About the Fundata FundGrade A + Rating
FundGrade A+®
is used with permission from Fundata Canada Inc., all rights
reserved. The annual FundGrade A+® Awards are presented by Fundata
Canada Inc. to recognize the "best of the best" among Canadian
investment funds. The FundGrade A+® calculation is supplemental to
the monthly FundGrade ratings and is calculated at the end of each
calendar year. The FundGrade rating system evaluates funds based on
their risk-adjusted performance, measured by Sharpe Ratio, Sortino
Ratio, and Information Ratio. The score for each ratio is
calculated individually, covering all time periods from 2 to 10
years. The scores are then weighted equally in calculating a
monthly FundGrade. The top 10% of funds earn an A Grade; the next
20% of funds earn a B Grade; the next 40% of funds earn a C Grade;
the next 20% of funds receive a D Grade; and the lowest 10% of
funds receive an E Grade. To be eligible, a fund must have received
a FundGrade rating every month in the previous year. The FundGrade
A+® uses a GPA-style calculation, where each monthly FundGrade from
"A" to "E" receives a score from 4 to 0, respectively. A fund's
average score for the year determines its GPA. Any fund with a GPA
of 3.5 or greater is awarded a FundGrade A+® Award. For more
information, see http://www.fundgradeawards.com. Although Fundata
makes every effort to ensure the accuracy and reliability of the
data contained herein, the accuracy is not guaranteed by Fundata.
The FundGrade A+ Awards and the FundGrade Ratings being referenced
are calculated based on comparisons of performance of investment
funds within a specified category established by the CIFSC.
Fund
Name
|
CIFSC
Category
|
Fund
Count
|
FundGrade
Start Date
|
FundGrade
Calc date
|
BMO Short
Corporate Bond Index ETF (ZCS)
|
Canadian Short Term
Fixed Income
|
142
|
1/31/2010
|
12/31/2017
|
BMO Long Corporate
Bond Index ETF (ZLC)
|
Canadian Long Term
Fixed Income
|
8
|
1/31/2011
|
12/31/2017
|
BMO Mid Corporate
Bond Index ETF (ZCM)
|
Canadian Fixed
Income
|
321
|
1/31/2011
|
12/31/2017
|
BMO Low Volatility
Canadian Equity ETF (ZLB)
|
Canadian
Equity
|
321
|
1/31/2012
|
12/31/2017
|
BMO U.S. Dividend
ETF (ZDY)
|
U.S.
Equity
|
703
|
1/31/2014
|
12/31/2017
|
BMO Mid-Term U.S.
IG Corporate Bond Idx ETF (ZIC)
|
Global Fixed
Income
|
159
|
1/31/2014
|
12/31/2017
|
BMO MSCI Europe
High Qlty Hgd to CAD Idx ETF (ZEQ)
|
European
Equity
|
92
|
1/31/2015
|
12/31/2017
|
BMO Floating Rate
High Yield ETF (ZFH)
|
Floating Rate
Loan
|
49
|
1/31/2015
|
12/31/2017
|
BMO MSCI ACWI High
Quality Index ETF (ZGQ)
|
Global
Equity
|
838
|
1/31/2015
|
12/31/2017
|
BMO Mid Provincial
Bond Index ETF (ZMP)
|
Canadian Fixed
Income
|
321
|
1/31/2014
|
12/31/2017
|
BMO US High
Dividend Covered Call ETF (ZWH)
|
U.S.
Equity
|
703
|
1/31/2015
|
12/31/2017
|
BMO Enterprise
Fund Advisor Series
|
Canadian Small/Mid
Cap Equity
|
136
|
1/31/2008
|
12/31/2017
|
BMO Tactical
Dividend ETF Fund Series A
|
Tactical
Balanced
|
146
|
1/31/2014
|
12/31/2017
|
BMO Target
Education 2025 Portfolio Series A
|
2025 Target Date
Portfolio
|
15
|
1/31/2015
|
12/31/2017
|
BMO Target
Education 2030 Portfolio Series A
|
2030 Target Date
Portfolio
|
15
|
1/31/2015
|
12/31/2017
|
BMO Emerging
Markets Fund Series A
|
Emerging Markets
Equity
|
113
|
1/31/2008
|
12/31/2017
|
BMO Resource Fund
Series A
|
Natural Resources
Equity
|
76
|
1/31/2008
|
12/31/2017
|
BMO Target
Education 2035 Portfolio Series A
|
2035 Target Date
Portfolio
|
8
|
1/31/2015
|
12/31/2017
|
BMO Conservative
ETF Portfolio Series A
|
Global Fixed Income
Balanced
|
220
|
1/31/2014
|
12/31/2017
|
Performance for the Investment Funds for the period ending
December 31, 2017 is as follows: BMO
Short Corporate Bond Index ETF (ZCS), 083% (1 year), 1.85 (3
years), 2.17% (5 years), and 2.89% since inception (October 20, 2009); BMO Long Corporate Bond Index
ETF (ZLC), 8.17% (1 year), 4.97 (3 years), 5.27% (5 years), and
7.62% since inception (January 19,
2010); BMO Mid Corporate Bond Index ETF (ZCM), 2.02% (1
year), 3.11% (3 years),3.71% (5 years), and 5.05% since inception
(January 19, 2010); BMO Low
Volatility Canadian Equity ETF (ZLB), 11.09% (1 year), 8.84% (3
years), 14.88% (5 years) and 14.92% since inception (October 21, 2011); BMO U.S. Dividend ETF (ZDY),
6.71% (1 year), 14.70 (3 years), and 18.71% since inception
(March 19, 2013); BMO Mid-Term U.S.
IG Corporate Bond Index ETF (ZIC), -1.53% (1 year), 6.34% (3
years), and 7.53% since inception (March 19,
2013); BMO MSCI Europe High Quality Hedged to CAD Index ETF
(ZEQ), 14.80% (1 year), 10.03% (3 years) and 10.32% since inception
(February 10, 2014); BMO Floating
Rate High Yield Index ETF (ZFH), 5.47% (1 year), 5.97 (3 years) and
5.41% since inception (February 10,
2014); BMO MSCI All Country World High Quality Index ETF
(ZGQ), 19.69% (1 year), 14.23% (3 years) and 14.41% since inception
(November 5, 2014); BMO Mid
Provincial Bond Index ETF (ZMP), 0.96% (1 year), 2.35% (3 years)
and 3.03% since inception (March 19,
2013); BMO U.S. High Dividend Covered Call ETF (ZWH),
5.75% (1 year), 13.08% (3 years), and 14.81% since inception
(February 10, 2014); BMO Enterprise
Fund (Advisor Series), 3.11% (1 year), 7.23% (3 years), 15.09% (5
years), 10.08% (10 years); BMO Tactical Dividend ETF Fund (Series
A), 7.24% (1 year), 5.59% (3 years), and 7.12% since inception
(August 7, 2013); BMO Target
Education 2025 Portfolio (Series A), 6.97% (1
year),5.99% (3 years) and 5.84% since inception (November 13, 2014); BMO Target Education 2030
Portfolio (Series A), 8.68% (1 year), 6.95% (3 years) and
6.75% since inception (November 13,
2014); BMO Emerging Markets Fund (Series A),
25.43% (1 year), 9.40% (3 years), 7.86% (5 years), 2.50% (10
years); BMO Resource Fund (Series A), -5.42%, (1 year), 4.54% (3
years), 2.07% (5 years), -0.27% (10 years); BMO Target
Education 2035 Portfolio (Series A), 9.83% (1 year), 7.38 (3 years)
and 7.05% since inception (November 13,
2014); BMO Conservative ETF Portfolio (Series A), 3.97% (1
year), 4.43% (3 years) and 5.67% since inception (August 7, 2013).
BMO Mutual Funds are offered by BMO Investments Inc., a
financial services firm and separate entity from Bank of
Montreal. BMO ETFs are managed and
administered by BMO Asset Management Inc., an investment fund
manager and portfolio manager and separate legal entity from Bank
of Montreal. Commissions, management fees and expenses may be
associated with investments in mutual funds and exchange traded
funds (ETFs). Trailing commissions may be associated with
investments in mutual funds. Please read the fund facts or
prospectus before investing. The indicated rates of return are the
historical annual compounded total returns including changes in
unit value and reinvestment of all dividends or distributions and
do not take into account sales, redemption, distribution or
optional charges or income taxes payable by any unitholder that
would have reduced returns. Mutual funds and ETFs are not
guaranteed, their values change frequently and past performance may
not be repeated.
SOURCE BMO Financial Group