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Fund Profile
| Net Assets ($MM) (Jan 29, 2010) |
$4,796.4 |
| Price (Feb 08, 2010) |
$7.9178 |
| YTD Return (Jan 31, 2010) |
-1.67% |
| 12 Month Low/High |
$6.9232 / $8.2704 |
| Management Expense Ratio (MER) |
Sep 30, 2009 1.49% |
| Eligibility |
RRSP / RESP / RIF / TFSA / RDSP |
| Date Started |
March 22, 1999 |
| Baycom# |
BMO148 |
| Fundata# |
BOM*MIF |
| Minimum Initial Investment |
$500 |
| Minimum Additional Investments |
$50 |
| Continuous Savings Plan (CSP) Amount |
$50 min / month |
Related Links / Downloads
Prospectuses,
Financial Reports & Other Important
Information
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Who Should Buy This Fund?
Consider this fund if:
- you want regular monthly cash flow with the
potential for capital gains
- you're comfortable with low to medium investment risk
- you plan to hold this investment for the medium to long term.
Investment Objectives and Strategies
This fund's objective is to provide a fixed monthly distribution while
preserving the value of your investment. The fund invests primarily in Canadian
fixed-income securities with higher-than-average yields, issued by the federal
government, provincial governments, government agencies and corporations, as
well as preferred and common shares, real estate investment trusts (REITs),
royalty trusts and other high-yielding investments.
For fixed-income investments, a disciplined investment approach is used based on the portfolio manager's interest rate outlook. Overall maturity structure and sector positioning of the fund's portfolio are based on anticipated changes in the direction of interest rates, while the selection of individual securities is determined by fundamental analysis and relative valuations.
For the equity portion of the
portfolio, the portfolio manager applies a bottom-up fundamental investment
process to identify attractively priced securities. This process includes
analyzing financial statements, company management and valuations, with an
emphasis on companies that generate stable and predictable cash flows.
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