BMO ULTRA SHORT-TERM BD FD ACCUMULATING UNITSBMO ULTRA SHORT-TERM BD FD ACCUMULATING UNITSBMO ULTRA SHORT-TERM BD FD ACCUMULATING UNITS

BMO ULTRA SHORT-TERM BD FD ACCUMULATING UNITS

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Key stats

Assets under management (AUM)
‪242.92 M‬CAD
Fund flows (1Y)
‪16.98 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−0.02%

About BMO ULTRA SHORT-TERM BD FD ACCUMULATING UNITS

Issuer
Bank of Montreal
Brand
BMO
Expense ratio
0.16%
Home page
Inception date
Feb 3, 2017
Index tracked
No Underlying Index
Management style
Active
ISIN
CA05579A3055
The fund actively manages an array of ultra-short-term CAD-denominated bonds including corporate, government, provincial and municipal bonds. The fund holds investment grade corporate bond but may add high yield bonds, all with remaining maturities of one year or less. In addition, the fund invests in in floating rate instruments such as floating-rate preferred shares, subject to the rate reset date being no greater than one year and the term being no greater than five years. The portfolio manager rebalances the portfolio accordingly using fundamental analysis, relative strength indicators, and risk adjusted yield expectations.

Classification

Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Ultra-short term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of March 28, 2024
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate90.57%
Securitized9.43%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows