TORONTO, Feb. 7, 2025
/CNW/ - BMO Exchange Traded Funds (ETFs) and Mutual Funds were
recognized for their exceptional performance at the annual Fundata
FundGrade A+® Awards event held in Toronto on February 6,
2025. A total of twenty-two BMO ETFs won FundGrade A+®
Awards in their respective categories, the most of any financial
organization for 2024. Three BMO Mutual Funds also received top
honours.
The FundGrade A+® Awards are presented annually to investment
funds and managers who have shown consistent, outstanding,
risk-adjusted performance incorporating up to 10 years of
history.
"Earning the most recognitions among ETF providers is a special
honour and testament to the hard work and dedication of our team,"
said Sara Petrcich, Head, ETF and
Structured Solutions, BMO Global Asset Management. "BMO is
committed to expanding its investment offerings, through the launch
of new and innovative products – helping Canadians invest with
purpose and make real financial progress."
"Awards like these highlight the strength of our investment
teams at BMO Global Asset Management and demonstrate our commitment
to being an industry leader, while always keeping our clients at
the centre of every decision we make," said Sadiq Adatia, Chief Investment Officer, BMO
Global Asset Management. "BMO will continue its focus on creating
accessible products that deliver results for investors."
BMO's list of winning ETFs is below.
Fund
Name
|
CIFSC
Category1
|
Fund2
Count
|
FundGrade3
Start Date
|
BMO Balanced ESG ETF
(ZESG)
|
Global Neutral
Balanced
|
224
|
2020-12-31
|
BMO Balanced ETF
(ZBAL)
|
Global Neutral
Balanced
|
224
|
2019-12-31
|
BMO BBB Corporate Bond
Index ETF (ZBBB)
|
Canadian Corporate
Fixed Income
|
36
|
2020-12-31
|
BMO Conservative ETF
(ZCON)
|
Global Fixed Income
Balanced
|
126
|
2019-12-31
|
BMO Equal Weight Global
Gold Index ETF (ZGD)
|
Precious Metals
Equity
|
17
|
2014-12-31
|
BMO Europe High
Dividend Covered Call Hedged to CAD ETF (ZWE)
|
European
Equity
|
30
|
2015-12-31
|
BMO Floating Rate High
Yield ETF (ZFH)
|
Floating Rate
Loan
|
14
|
2014-12-31
|
BMO Growth ETF
(ZGRO)
|
Global Equity
Balanced
|
187
|
2019-12-31
|
BMO High Yield US
Corporate Bond Index ETF (ZJK)
|
High Yield Fixed
Income
|
56
|
2017-12-31
|
BMO International
Dividend Hedged to CAD ETF (ZDH)
|
International
Equity
|
154
|
2015-12-31
|
BMO Long Corporate Bond
Index ETF (ZLC)
|
Canadian Long Term
Fixed Income
|
9
|
2014-12-31
|
BMO Low Volatility
Canadian Equity ETF (ZLB)
|
Canadian
Equity
|
158
|
2014-12-31
|
BMO Mid Provincial Bond
Index ETF (ZMP)
|
Canadian Fixed
Income
|
137
|
2014-12-31
|
BMO MSCI All Country
World High Quality Index ETF (ZGQ)
|
Global
Equity
|
306
|
2014-12-31
|
BMO MSCI EAFE Hedged to
CAD Index ETF (ZDM)
|
International
Equity
|
154
|
2014-12-31
|
BMO MSCI Europe High
Quality Hedged to CAD Index ETF (ZEQ)
|
European
Equity
|
30
|
2014-12-31
|
BMO MSCI Global ESG
Leaders Index ETF (ESGG)
|
Global
Equity
|
306
|
2020-12-31
|
BMO MSCI USA High
Quality Index ETF (ZUQ)
|
U.S. Equity
|
237
|
2014-12-31
|
BMO Nasdaq 100 Equity
Index ETF (ZNQ)
|
U.S. Equity
|
237
|
2019-12-31
|
BMO S&P 500 Index
ETF (ZSP)
|
U.S. Equity
|
237
|
2014-12-31
|
BMO Short Corporate
Bond Index ETF (ZCS)
|
Canadian Short Term
Fixed Income
|
86
|
2014-12-31
|
BMO Short-Term US
Treasury Bond Index ETF (ZTS)
|
Global Fixed
Income
|
112
|
2017-12-31
|
BMO's list of winning mutual funds is below.
Fund
Name
|
CIFSC
Category1
|
Fund
Count2
|
FundGrade
Start Date3
|
BMO Nasdaq 100 Equity
ETF Fund
|
U.S. Equity
|
237
|
2021-12-31
|
BMO U.S. Dollar
Balanced Fund
|
Global Neutral
Balanced
|
224
|
2014-12-31
|
BMO U.S. Small Cap
Fund
|
U.S. Small/Mid Cap
Equity
|
42
|
2018-12-31
|
Performance for BMO Balanced ESG ETF (TSX: ZESG) for the period
ended December 31, 2024 is as followed: 1 year, 16.57%; 3
years, 5.18%; 5 years, N/A; and since inception, 7.40%
(2020-01-16).
Performance for BMO Balanced ETF (TSX: ZBAL) for the period
ended December 31, 2024 is as followed: 1 year, 15.89%; 3
years, 5.09%; 5 years, 7.14%; and since inception, 7.86%
(2019-02-12).
Performance for BMO BBB Corporate Bond Index ETF (TSX: ZBBB) for
the period ended December 31, 2024 is as followed: 1
year, 7.65%; 3 years, 2.51%; 5 years, N/A; and since inception,
2.62% (2020-02-05).
Performance for BMO Conservative ETF (TSX: ZCON) for the period
ended December 31, 2024 is as followed: 1 year, 11.38%; 3
years, 2.88%; 5 years, 4.82%; and since inception, 5.62%
(2019-02-12).
Performance for BMO Equal Weight Global Gold Index ETF (TSX:
ZGD) for the period ended December 31, 2024 is as
followed: 1 year, 38.94%; 3 years, 14.09%; 5 years, 10.55%; 10
years, 11.09%; and since inception, 2.80% (2012-11-14).
Performance for BMO Europe High Dividend Covered Call Hedged to
CAD ETF (TSX: ZWE) for the period ended December 31,
2024 is as followed: 1 year, 7.20%; 3 years, 7.16%; 5 years,
6.15%; and since inception, 7.23% (2015-09-02).
Performance for BMO Floating Rate High Yield ETF (TSX: ZFH) for
the period ended December 31, 2024 is as followed: 1
year, 11.47%; 3 years, 8.07%; 5 years, 4.86%; 10 years, 5.39%; and
since inception, 5.24% (2014-02-10).
Performance for BMO Growth ETF (TSX: ZGRO) for the period
ended December 31, 2024 is as followed: 1 year, 20.49%; 3
years, 7.32%; 5 years, 9.46%; and since inception, 10.11%
(2019-02-12).
Performance for BMO High Yield US Corporate Bond Index ETF (TSX:
ZJK) for the period ended December 31, 2024 is as
followed: 1 year, 16.14%; 3 years, 6.64%; 5 years, 5.12%; and since
inception, 5.57% (2017-10-04).
Performance for BMO International Dividend Hedged to CAD ETF
(TSX: ZDH) for the period ended December 31, 2024 is as
followed: 1 year, 10.81%; 3 years, 10.56%; 5 years, 7.83%; and
since inception, 8.07% (2015-09-02).
Performance for BMO Long Corporate Bond Index ETF (TSX: ZLC) for
the period ended December 31, 2024 is as followed: 1
year, 5.00%; 3 years, -1.74%; 5 years, 0.27%; 10 years, 2.83%; and
since inception, 4.92% (2010-01-19).
Performance for BMO Low Volatility Canadian Equity ETF (TSX:
ZLB) for the period ended December 31, 2024 is as
followed: 1 year, 15.34%; 3 years, 7.92%; 5 years, 9.44%; 10 years,
9.14%; and since inception, 11.89% (2011-10-21).
Performance for BMO Mid Provincial Bond Index ETF (TSX: ZMP) for
the period ended December 31, 2024 is as followed: 1
year, 4.63%; 3 years, -0.01%; 5 years, 1.27%; 10 years, 2.04%; and
since inception, 2.36% (2013-03-19).
Performance for BMO MSCI All Country World High Quality Index
ETF (TSX: ZGQ) for the period ended December 31, 2024 is
as followed: 1 year, 28.68%; 3 years, 10.77%; 5 years, 15.00%; 10
years, 14.51%; and since inception, 14.56% (2014-11-05).
Performance for BMO MSCI EAFE Hedged to CAD Index ETF (TSX: ZDM)
for the period ended December 31, 2024 is as followed: 1
year, 12.41%; 3 years, 7.91%; 5 years, 8.39%; 10 years, 7.95%; and
since inception, 7.50% (2009-10-20).
Performance for BMO MSCI Europe High Quality Hedged to CAD Index
ETF (TSX: ZEQ) for the period ended December 31, 2024 is
as followed: 1 year, 2.88%; 3 years, 1.41%; 5 years, 6.66%; 10
years, 8.63%; and since inception, 8.84% (2014-02-10).
Performance for BMO MSCI Global ESG Leaders Index ETF (TSX:
ESGG) for the period ended December 31, 2024 is as
followed: 1 year, 27.01%; 3 years, 10.34%; 5 years, N/A; and since
inception, 12.84% (2020-01-16).
Performance for BMO MSCI USA
High Quality Index ETF (TSX: ZUQ) for the period
ended December 31, 2024 is as followed: 1 year, 33.89%; 3
years, 13.50%; 5 years, 17.19%; 10 years, 16.79%; and since
inception, 16.99% (2014-11-05).
Performance for BMO Nasdaq 100 Equity Index ETF (TSX: ZNQ) for
the period ended December 31, 2024 is as followed: 1
year, 35.93%; 3 years, 13.91%; 5 years, 22.03%; and since
inception, 22.61% (2019-02-12).
Performance for BMO S&P 500 Index ETF (TSX: ZSP) for the
period ended December 31, 2024 is as followed: 1 year,
35.25%; 3 years, 13.30%; 5 years, 16.50%; 10 years, 15.10%; and
since inception, 17.97% (2012-11-14).
Performance for BMO Short Corporate Bond Index ETF (TSX: ZCS)
for the period ended December 31, 2024 is as followed: 1
year, 7.13%; 3 years, 2.93%; 5 years, 2.82%; 10 years, 2.59%; and
since inception, 2.90% (2009-10-20).
Performance for BMO Short-Term US Treasury Bond Index ETF (TSX:
ZTS) for the period ended December 31, 2024 is as
followed: 1 year, 11.85%; 3 years, 4.81%; 5 years, 2.86%; and since
inception, 2.36% (2017-02-21).
Performance for BMO Nasdaq 100 Equity ETF Fund (Series F) for
the period ended December 31, 2024 is as followed: 1
year, 35.70%; 3 years, 13.90%; 5 years, N/A; and since inception,
18.20% (2021-06-01).
Performance for BMO U.S. Dollar Balanced Fund (Series F) for the
period ended December 31, 2024 is as followed: 1 year,
14.00%; 3 years, 2.90%; 5 years, 6.80%; 10 years, 6.50%; and since
inception, 7.20% (2013-08-12).
Performance for BMO U.S. Small Cap Fund (Series F) for the
period ended December 31, 2024 is as followed: 1 year,
31.20%; 3 years, 12.00%; 5 years, 15.20%; and since inception,
12.30% (2018-05-14).
For more information please visit: www.bmo.com/gam/ca
The ETFs referred to herein are not sponsored, endorsed, or
promoted by MSCI or Bloomberg and they each bear no liability with
respect to any such ETF or any index on which such ETFs is
based. Each ETF's simplified prospectus contains a more
detailed description of the limited relationship MSCI or Bloomberg
have with the Manager and any related ETFs.
Nasdaq®, Nasdaq 100 Index ®, Nasdaq 100 ®, NDX are registered
trademarks of Nasdaq, Inc. (which with its affiliates is referred
to as the "Corporations") and is licensed for use by the Manager.
The BMO Nasdaq 100 Equity Index ETF and the BMO Nasdaq 100 Equity
ETF Fund have not been passed on by the Corporations as to their
legality or suitability. The BMO Nasdaq 100 Equity Index ETF and
the BMO Nasdaq 100 Equity ETF Fund are not issued, endorsed, sold,
or promoted by the Corporations. The Corporations make no
warranties and bear no liability with respect to the BMO Nasdaq 100
Equity Index ETF and the BMO Nasdaq 100 Equity ETF
Fund.
The Index is a product of S&P Dow Jones Indices LLC or its
affiliates ("SPDJI"), and has been licensed for use by the Manager.
S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX®
are trademarks of S&P Global, Inc. or its affiliates
("S&P") and Dow Jones® is a registered trademark of Dow Jones
Trademark Holdings LLC ("Dow Jones"), and these trademarks have
been licensed for use by SPDJI and sublicensed for certain purposes
by the Manager. The BMO S&P 500 Index ETF is not sponsored,
endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their
respective affiliates, and none of such parties make any
representation regarding the advisability of investing in such
product(s) nor do they have any liability for any errors,
omissions, or interruptions of the Index.
Commissions, management fees and expenses (if applicable) 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, ETF Facts
or simplified prospectus of the relevant mutual fund or ETF before
investing. Mutual funds and ETFs are not guaranteed, their values
change frequently and past performance may not be repeated.
For a summary of the risks of an investment in BMO Mutual Funds
or BMO ETFs, please see the specific risks set out in the
simplified prospectus of the relevant mutual fund or ETF. BMO ETFs
trade like stocks, fluctuate in market value and may trade at a
discount to their net asset value, which may increase the risk of
loss. Distributions are not guaranteed and are subject to change
and/or elimination.
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.
BMO Global Asset Management is a brand name under which BMO Asset
Management Inc. and BMO Investments Inc. operate.
"BMO (M-bar roundel symbol)" is a registered trademark of Bank
of Montreal, used under
licence.
Fundata Disclosure
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.
About BMO Financial Group
BMO Financial Group is the eighth largest bank in North
America by assets, with total assets of $1.41 trillion as
of October 31, 2024. Serving customers for 200 years and counting,
BMO is a diverse team of highly engaged employees providing a broad
range of personal and commercial banking, wealth management, global
markets and investment banking products and services to 13 million
customers across Canada, the United
States, and in select markets globally. Driven by a single
purpose, to Boldly Grow the Good in business and life, BMO
is committed to driving positive change in the world, and making
progress for a thriving economy, sustainable future, and inclusive
society.
_________________________________
|
1 Canadian
Investment Funds Standard Committee (CIFSC)
|
|
2 Number of
peers in each category.
|
|
3 The end
date for the FundGrade calculation is December 31, 2024
|
SOURCE BMO Financial Group