BMO Introduces Nine New ETFs

Image via Wikipedia

Bank of Montreal (BMO) on Oct 26, 2009 added nine new funds to their stable of Exchange Traded Funds (ETFs). This brings the total of ETFs in the BMO barn to thirteen.

The new ETFs are comprised of an exacta of industry diversified funds:

1. BMO International Equity Hedged to CAD Index
2. BMO Emerging Markets Equity Index

A trifecta of "equal weight" industry sector funds:

1. BMO S&P/TSX Equal Weight Banks Index
2. BMO S&P/TSX Equal Weight Oil & Gas Index
3. BMO S&P/TSX Equal Weight Global Base Metals Hedged to CAD Index

The remaining four new ETFs are fixed income funds. Three of these fixed income funds invest in federal, provincial and corporate issues, and the fourth is hedged to the Canadian Dollar.

1. BMO Short Federal Bond Index
2. BMO Short Provincial Bond Index
3. BMO Short Corporate Bond Index
4. BMO High Yield U.S. Corporate Bond Hedged to CAD

The following document provides the investor with the names, symbols and current management expense ratio (MER) for these nine new BMO exchange traded funds.




Investors may find these new additions to the BMO stable of EFTs a worthwhile bet.

Stay on track,

The Hoss
Next Hoss Cents Free Financial Money Magazine Post: Nov.08, 2009
Return to previous post from BMO Introduces Nine New ETFs

Related Posts:

How Do Mutual Funds Work The Loads

Defintion of Mutual Funds

Alternative Energy Mutual Funds

Green Mutual Fund Investing

Index Mutual Funds

Tax Free Savings Account

Investment Strategy Dollar Cost Averaging

Market Timing

The Best Mutual Funds

Finding the Best Mutual Fund

PH&N Bond Fund Series D: A Best Bet Mutual Fund

Another Hoss's best bet mutual fund is The PH&N Series D bond fund. This is another fund that the Hoss and Mrs. Hoss hold in their portfolio.

The PH&N bond fund is a fixed income fund whose fundamental investment objectives are to provide relatively high yields and stability of capital by investing primarily in a well-diversified portfolio of fixed income securities issued by Canadian governments and corporations. This fund is suitable for investors with a low tolerance for risk.

According to the PH&N website, annualized compound rates of return As of September 30 2009, are as follows:

1 year 13.6%

3 years 5.3%

4 years 5%

5 years 5.7%

10 years 6.5%


As of September 30, 2009 the top ten holdings were:

Prov. of Ontario Return: 7.60% Matures: Jun 02/27 (Total % of fund 12.2%)

Prov. of Ontario Return: 4.30% Matures: Mar 08/17 (Total % of fund 4.7%)

Canada Housing Trust Return: 3.15% Matures: Jul 15/14 (Total % of fund 3.4%)

The Toronto-Dominion Bank Return: 5.38% Matures: Nov 01/12/17 (Total % of fund 3.3%)

Morgan Stanley Group Inc. Return: 4.50% Matures: Feb 23/12 (Total % of fund 2.6%)

Prov. of Ontario Return: 4.40% Matures: Jun 02/19 (Total % of fund 2.5%)

Canada Housing Trust Return: 4.10% Matures: Dec 15/18 (Total % of fund 2.3%)

The Bear Stearns Companies Inc. Return: 4.35% Matures Jul 20/12 (Total % of fund 2.1%)

Wells Fargo Financial Canada Corp Return: 5.20% Matures: Sep 13/12 (Total % of fund 2.0%)

Canadian Imperial Bank of Commerce Return: 5.00% Matures: Sep 10/12 (Total % of fund 2.0%)

The fund pays interest dividends quarterly and capital gains (if any) yearly.


For more information on this fund visit PH&N

Stay on track,

The Hoss
Next Hoss Cents Free Financial Money Magazine Post: Oct.18, 2009
Return to previous post from PH&N Bond Fund Series D: A Best Bet Mutual Fund

Related Posts:

How Do Mutual Funds Work The Loads

Defintion of Mutual Funds

Alternative Energy Mutual Funds

Green Mutual Fund Investing

Index Mutual Funds

Tax Free Savings Account

Investment Strategy Dollar Cost Averaging

Market Timing

The Best Mutual Funds

Finding the Best Mutual Fund

Hoss's Best Bet Mutual Funds: Bond Funds

PH&N High Yield Bond Fund

Starting with today's edition, Money Magazine Hoss will begin a series of posts in which he reviews his best bet mutual funds.

Fixed income Bond Funds are the first category of mutual funds Money Magazine Hoss has selected for review.

The Hoss and Mrs. Hoss have included the PH&N High Yield Bond Fund, in their stable of mutual funds.

When the Government of Canada introduced the tax free savings account in 2009, The Hoss and Mrs. Hoss invested the maximum permissible amount in The PH&N High Yield Bond Fund. How has this fund performed? Since their initial investment on January 26, 2009, The Hoss and Mrs. Hoss have realized a return of over 14%.

The PH&N High Yield Bond Fund investment objectives are to provide a high level of income and the opportunity for capital appreciation by investing primarily in a well-diversified portfolio of fixed income securities issued by Canadian corporations.

To achieve the fund's investment objectives, the manager invests primarily in medium quality Canadian corporate bonds and preferred shares and government bonds issued or traded in Canadian and U.S. dollars. The average term to maturity of the portfolio is managed within strict guidelines, typically between three and ten years.

If you are an investor with low or moderate risk looking for a bond fund with high levels of current interest income, this fund may be of interest to you.

As with all Mutual Funds there is some risk with the purchase of this fund. The principal risks associated with an investment in this fund are market, interest rate, credit and liquidity risks.

For more information see PH&N High Yield Bond Fund.

Stay on track,

The Hoss
Next Hoss Cents Free Financial Money Magazine Post: Oct.11, 2009
Return to previous post from Hoss's Best Bet Mutual Funds: Bond Funds

Related Posts:

How Do Mutual Funds Work The Loads

Defintion of Mutual Funds

Alternative Energy Mutual Funds

Green Mutual Fund Investing

Index Mutual Funds

Tax Free Savings Account

Investment Strategy Dollar Cost Averaging

Market Timing

The Best Mutual Funds

Finding the Best Mutual Fund