BMO Balanced Fund

Terminated on March 10, 2021

IMPORTANT:

The BMO Balanced Fund (the “Sub-Fund”) is a sub-fund of BMO Funds which is a unit trust established by a trust deed dated 23 May 2018 as an umbrella fund under the laws of Hong Kong. SFC authorization is not a recommendation or endorsement of a scheme nor does it guarantee the commercial merits of a scheme or its performance. It does not mean the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.

Investment involves risk. The price of the units of a fund and its income may go down as well as up and any past performance is not indicative of future performance. Your investment in a fund may suffer losses and there is no guarantee of repayment of principal. Before investing, investors should read the prospectus for details, including product features and risk factors. You should not make investment decisions based solely on information on this website. The information on this website has not been reviewed by the Securities and Futures Commission of Hong Kong.

 

  • BMO Balanced Fund (Sub-Fund) aims to achieve long term capital growth while maintaining stable income by investing primarily in a globally diversified portfolio of exchange traded funds (Underlying ETFs) whose underlying assets cover the risk return spectrum. The Sub-Fund seeks to diversify its portfolio across a broad range of underlying asset classes and currencies globally, including emerging markets.
  • The Sub-Fund does not have control over the investments of the Underlying ETFs and it is subject to the risks associated with the Underlying ETFs, which include tracking error risks, risks associated with passive investments, liquidity risks and trading risks.
  • There may be potential conflicts of interest where the Sub-Fund invests in units/shares of an Underlying ETF managed by BMO Global Asset Management (Asia) Limited (the Manager) or its connected person. In the event of such conflicts, the Manager will endeavor to ensure that such conflicts are resolved fairly and all transactions between the Sub-Fund and any of such Underlying ETFs are on an arm’s length basis.
  • The Sub-Fund adopts dynamic asset allocation strategy, hence may incur greater transaction costs than a fund with static allocation strategy.
  • The Sub-Fund and/or the Underlying ETFs may invest in fixed income securities which (or the issuers of which) are rated below investment grade, or may not be rated. Such securities are generally subject to a higher degree of volatility and credit risk, a lower degree of liquidity and greater risk of loss of principal and interest.
  • The Manager may at its discretion pay dividends out of the capital of the Sub-Fund. Payment of dividends out of capital or effectively out of the capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment, and may result in an immediate reduction of the net asset value per unit.

 

If you require the below share class specific data in Chinese language, you can find it at the following locations:

BMO Balanced Fund (Class A USD Acc)

BMO Balanced Fund (Class A USD MDis)

BMO Balanced Fund (Class A HKD MDis)

BMO Balanced Fund (Class A USD Acc)

Fund Profile

 
ISIN HK0000423837
SEDOL BF2G3P6
Bloomberg Ticker BMOBAUA HK
Fund Size (as of Mar 10, 2021) N/A
Base Currency USD
Trading Currency USD
Unit Price (as of Mar 10, 2021) N/A
12 Month Low/High N/A
Dealing Frequency Daily
Share/Unit Class Class A USD Acc
Distribution Frequency * N/A
Minimum Initial Investment N/A
Minimum Subsequent Investment N/A
Management Fees N/A
Fund Inception Date Jul 09, 2018
Fiscal Year End December 31

Objective

The investment objective of the Sub-Fund is to achieve long term capital growth while maintaining stable income. This will be achieved by investing primarily in a globally diversified portfolio of underlying ETFs whose underlying assets cover the risk return spectrum. The Sub-Fund seeks to diversify its portfolio across a broad range of underlying asset classes and currencies globally, including emerging markets. Such underlying assets may include, but are not limited to equity securities, fixed income securities, commodities and money market instruments.

Investment Strategy

Underlying ETFs selection

The Underlying ETFs will be selected by reference to their appropriateness to meet the investment objective and the desired asset exposure required by the Manager in accordance with the investment strategy of the Sub-Fund. The Manager does not intend to have an investment focus in terms of sector, industry or market capitalisation.

The Sub-Fund will invest at least 70% (but less than 100%) of its Net Asset Value in the Underlying ETFs. The asset allocation of the Sub-Fund will change according to the Manager’s views of fundamental economic and market conditions and investment trends, taking into consideration factors such as liquidity, costs, timing of execution, relative attractiveness of individual securities and issuers available in the market.

Indicative asset allocation

The following is an indication of the underlying asset allocation of the Sub-Fund:

Asset Class Indicative Percentage of Net Asset Value
Equity ETFs 40% to 80%
Fixed income ETFs (including money market ETFs) 20% to 60%
Physical Commodity ETFs 0% to 10%
Equity securities 0% to 10%
Fixed income securities 0% to 10%
Unlisted collective investment schemes, ETFs which are not index tracking and ETFs which adopt a master-feeder structure 0% to 10%
Cash and cash equivalents 0% to 10%
Daily Fund Prices
 
  Unit Price as of Mar 10, 2021 1 Day $ Change 1 Day % Change
Nav n/a n/a n/a
Historical NAV Data      
 
Performance Details
 
Trading Currency USD
Fund Size (Mar 10, 2021) n/a
NAV n/a
12 Month Low/High n/a
 
Performance for period ending: Mar 10, 2021
 
Cumulative Returns
 
  YTD 1mo 3mo 6mo 1 yr 2 yr 3 yr 5 yr Since Inception*
NAV
 
 
Performance for period ending: Mar 10, 2021
 
Calendar Year Returns
 
  YTD 2020*  2019* 2018*-
NAV 13.82% 18.94% -7.14%
 
 
Performance information of the Sub-Fund may be presented only if it has an investment track record of not less than 6 months.

Note:

Performance information of less than 1 year is not annualized. Performance information of more than 1 year are annualized returns.

Past performance information is not indicative of future performance. Investors may not get back the full amount invested.

The computation basis of the performance is based on the month or year end, NAV-To-NAV.

All are total return performance with dividends reinvested.

These figures show by how much the fund increased or decreased in value during the period being shown.

Fund performance data has been calculated in USD for Class A USD Acc and Class A USD MDis, and in HKD for Class A HKD MDis, including ongoing charges and excluding subscription fee and redemption fee you might have to pay.

Where no past performance is shown, there was insufficient data available in that year to provide performance.

The inception date of the Sub-Fund was 9 July 2018.

The table above is only applicable to the distribution unit class.

The distribution paid will be at the discretion of the Manager. Distribution figures shown are past distributions declared and paid for by the Sub-Fund.

Note for dividend being paid out of capital

  • The Manager may at its discretion pay dividend out of the capital of the Sub-Fund
  • Payments of dividends out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from capital gains attributed to that original investment, which may result in an immediate reduction in the Net Asset Value per unit.
  • “Net distributable income” means the net investment income (i.e. dividend income and interest income net of fees and expenses) attributable to the relevant share class and may also include net realised gains (if any) based on unaudited management accounts. However, “net distributable income” does not include net unrealised gains.

 

Warning:

Please note that a positive distribution yield does not imply a positive return. Investors should not make any investment decision solely based on information contained in the table above. There is no guarantee of dividend distribution amount. Investors should read the relevant offering document (including the key facts statement) of the Sub-Fund for further details including the risk factors.

Daily Holdings

Number of Holdings Total Net Assets
0 n/a

 

% Net Assets Name
n/a n/a
BMO Balanced Fund (Class A USD MDis)

Fund Profile

 
ISIN HK0000423845
SEDOL BF2G3Q7
Bloomberg Ticker BMOBAUM HK
Fund Size (as of Mar 10, 2021) N/A
Base Currency USD
Trading Currency USD
Unit Price (as of Mar 10, 2021) N/A
12 Month Low/High N/A
Dealing Frequency Daily
Share/Unit Class Class A USD MDis
Distribution Frequency * N/A
Minimum Initial Investment N/A
Minimum Subsequent Investment N/A
Management Fees N/A
Fund Inception Date Jul 09, 2018
Fiscal Year End December 31

Objective

The investment objective of the Sub-Fund is to achieve long term capital growth while maintaining stable income. This will be achieved by investing primarily in a globally diversified portfolio of underlying ETFs whose underlying assets cover the risk return spectrum. The Sub-Fund seeks to diversify its portfolio across a broad range of underlying asset classes and currencies globally, including emerging markets. Such underlying assets may include, but are not limited to equity securities, fixed income securities, commodities and money market instruments.

Investment Strategy

Underlying ETFs selection

The Underlying ETFs will be selected by reference to their appropriateness to meet the investment objective and the desired asset exposure required by the Manager in accordance with the investment strategy of the Sub-Fund. The Manager does not intend to have an investment focus in terms of sector, industry or market capitalisation.

The Sub-Fund will invest at least 70% (but less than 100%) of its Net Asset Value in the Underlying ETFs. The asset allocation of the Sub-Fund will change according to the Manager’s views of fundamental economic and market conditions and investment trends, taking into consideration factors such as liquidity, costs, timing of execution, relative attractiveness of individual securities and issuers available in the market.

Indicative asset allocation

The following is an indication of the underlying asset allocation of the Sub-Fund:

Asset Class Indicative Percentage of Net Asset Value
Equity ETFs 40% to 80%
Fixed income ETFs (including money market ETFs) 20% to 60%
Physical Commodity ETFs 0% to 10%
Equity securities 0% to 10%
Fixed income securities 0% to 10%
Unlisted collective investment schemes, ETFs which are not index tracking and ETFs which adopt a master-feeder structure 0% to 10%
Cash and cash equivalents 0% to 10%
Daily Fund Prices
 
  Unit Price as of Mar 10, 2021 1 Day $ Change 1 Day % Change
Nav n/a n/a n/a
Historical NAV Data      
 
Performance Details
 
Trading Currency USD
Fund Size (Mar 10, 2021) n/a
NAV n/a
12 Month Low/High n/a
 
Performance for period ending: Mar 10, 2021
 
Cumulative Returns
 
  YTD 1mo 3mo 6mo 1 yr 2 yr 3 yr 5 yr Since Inception*
NAV
 
 
Performance for period ending: Mar 10, 2021
 
Calendar Year Returns
 
  YTD 2020*  2019* 2018*-
NAV 13.82% 18.94% -7.14%
 
 
Performance information of the Sub-Fund may be presented only if it has an investment track record of not less than 6 months.

Note:

Performance information of less than 1 year is not annualized. Performance information of more than 1 year are annualized returns.

Past performance information is not indicative of future performance. Investors may not get back the full amount invested.

The computation basis of the performance is based on the month or year end, NAV-To-NAV.

All are total return performance with dividends reinvested.

These figures show by how much the fund increased or decreased in value during the period being shown.

Fund performance data has been calculated in USD for Class A USD Acc and Class A USD MDis, and in HKD for Class A HKD MDis, including ongoing charges and excluding subscription fee and redemption fee you might have to pay.

Where no past performance is shown, there was insufficient data available in that year to provide performance.

The inception date of the Sub-Fund was 9 July 2018.

Distribution Period Ex-Dividend Date Record Date Pay Date Total Distribution Per Unit (USD) Distribution Paid Out of Net Distributable Income for the Month (USD) Distribution Paid Out of Capital (USD)
Jan, 2021 Jan 29, 2021 Jan 28, 2021 Feb 05, 2021 0.025000 0.025 0
Year To Date 0.025000

 

Download

The table above is only applicable to the distribution unit class.

The distribution paid will be at the discretion of the Manager. Distribution figures shown are past distributions declared and paid for by the Sub-Fund.

Note for dividend being paid out of capital

  • The Manager may at its discretion pay dividend out of the capital of the Sub-Fund
  • Payments of dividends out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from capital gains attributed to that original investment, which may result in an immediate reduction in the Net Asset Value per unit.
  • “Net distributable income” means the net investment income (i.e. dividend income and interest income net of fees and expenses) attributable to the relevant share class and may also include net realised gains (if any) based on unaudited management accounts. However, “net distributable income” does not include net unrealised gains.

 

Warning:

Please note that a positive distribution yield does not imply a positive return. Investors should not make any investment decision solely based on information contained in the table above. There is no guarantee of dividend distribution amount. Investors should read the relevant offering document (including the key facts statement) of the Sub-Fund for further details including the risk factors.

Daily Holdings

Number of Holdings Total Net Assets
0 n/a

 

% Net Assets Name
n/a n/a
BMO Balanced Fund (Class A HKD MDis)

Fund Profile

 
ISIN HK0000423852
SEDOL BF2G3R8
Bloomberg Ticker BMOBAHM HK
Fund Size (as of Mar 10, 2021) N/A
Base Currency USD
Trading Currency HKD
Unit Price (as of Mar 10, 2021) N/A
12 Month Low/High N/A
Dealing Frequency Daily
Share/Unit Class A HKD MDis
Distribution Frequency * N/A
Minimum Initial Investment N/A
Minimum Subsequent Investment N/A
Management Fees N/A
Fund Inception Date Jul 09, 2018
Fiscal Year End December 31

Objective

The investment objective of the Sub-Fund is to achieve long term capital growth while maintaining stable income. This will be achieved by investing primarily in a globally diversified portfolio of underlying ETFs whose underlying assets cover the risk return spectrum. The Sub-Fund seeks to diversify its portfolio across a broad range of underlying asset classes and currencies globally, including emerging markets. Such underlying assets may include, but are not limited to equity securities, fixed income securities, commodities and money market instruments.

Investment Strategy

Underlying ETFs selection

The Underlying ETFs will be selected by reference to their appropriateness to meet the investment objective and the desired asset exposure required by the Manager in accordance with the investment strategy of the Sub-Fund. The Manager does not intend to have an investment focus in terms of sector, industry or market capitalisation.

The Sub-Fund will invest at least 70% (but less than 100%) of its Net Asset Value in the Underlying ETFs. The asset allocation of the Sub-Fund will change according to the Manager’s views of fundamental economic and market conditions and investment trends, taking into consideration factors such as liquidity, costs, timing of execution, relative attractiveness of individual securities and issuers available in the market.

Indicative asset allocation

The following is an indication of the underlying asset allocation of the Sub-Fund:

Asset Class Indicative Percentage of Net Asset Value
Equity ETFs 40% to 80%
Fixed income ETFs (including money market ETFs) 20% to 60%
Physical Commodity ETFs 0% to 10%
Equity securities 0% to 10%
Fixed income securities 0% to 10%
Unlisted collective investment schemes, ETFs which are not index tracking and ETFs which adopt a master-feeder structure 0% to 10%
Cash and cash equivalents 0% to 10%
Daily Fund Prices
 
  Unit Price as of Mar 10, 2021 1 Day $ Change 1 Day % Change
Nav n/a n/a n/a
Historical NAV Data      
 
Performance Details
 
Trading Currency HKD
Fund Size (Mar 10, 2021) n/a
NAV n/a
12 Month Low/High n/a
 
Performance for period ending: Mar 10, 2021
 
Cumulative Returns
 
  YTD 1mo 3mo 6mo 1 yr 2 yr 3 yr 5 yr Since Inception*
NAV
 
 
Performance for period ending: Mar 10, 2021
 
Calendar Year Returns
 
  YTD 2020*  2019* 2018*-
NAV 13.29% 18.36% -7.36%
 
 
Performance information of the Sub-Fund may be presented only if it has an investment track record of not less than 6 months.

Note:

Performance information of less than 1 year is not annualized. Performance information of more than 1 year are annualized returns.

Past performance information is not indicative of future performance. Investors may not get back the full amount invested.

The computation basis of the performance is based on the month or year end, NAV-To-NAV.

All are total return performance with dividends reinvested.

These figures show by how much the fund increased or decreased in value during the period being shown.

Fund performance data has been calculated in USD for Class A USD Acc and Class A USD MDis, and in HKD for Class A HKD MDis, including ongoing charges and excluding subscription fee and redemption fee you might have to pay.

Where no past performance is shown, there was insufficient data available in that year to provide performance.

The inception date of the Sub-Fund was 9 July 2018.

Distribution Period Ex-Dividend Date Record Date Pay Date Total Distribution Per Unit (HKD) Distribution Paid Out of Net Distributable Income for the Month (HKD) Distribution Paid Out of Capital (HKD)
Jan, 2021 Jan 29, 2021 Jan 28, 2021 Feb 05, 2021 0.025000 0.025 0
Year To Date 0.025000

 

Download

The table above is only applicable to the distribution unit class.

The distribution paid will be at the discretion of the Manager. Distribution figures shown are past distributions declared and paid for by the Sub-Fund.

Note for dividend being paid out of capital

  • The Manager may at its discretion pay dividend out of the capital of the Sub-Fund
  • Payments of dividends out of capital or effectively out of capital amounts to a return or withdrawal of part of an investor’s original investment or from capital gains attributed to that original investment, which may result in an immediate reduction in the Net Asset Value per unit.
  • “Net distributable income” means the net investment income (i.e. dividend income and interest income net of fees and expenses) attributable to the relevant share class and may also include net realised gains (if any) based on unaudited management accounts. However, “net distributable income” does not include net unrealised gains.

 

Warning:

Please note that a positive distribution yield does not imply a positive return. Investors should not make any investment decision solely based on information contained in the table above. There is no guarantee of dividend distribution amount. Investors should read the relevant offering document (including the key facts statement) of the Sub-Fund for further details including the risk factors.

Daily Holdings

Number of Holdings Total Net Assets
0 n/a

 

% Net Assets Name
n/a n/a