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Fund Profile
| Net Assets ($MM) (Aug 31, 2010) |
$698.0 |
| Price (Sep 03, 2010) |
$11.4140 |
| YTD Return (Jul 31, 2010) |
1.54% |
| 12 Month Low/High |
$11.2407 / $11.5107 |
| Management Expense Ratio (MER) |
Sep 30, 2009 1.49% |
| Eligibility |
RRSP / RESP / RIF / TFSA / RDSP |
| Date Started |
July 16, 1974 |
| Baycom# |
BMO141 |
| Fundata# |
BOM*MOR |
| 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 income
- you're looking for a conservative fund for your
portfolio
- you prefer low investment risk.
(i.e. you are willing to accept some fluctuations
in the market value of your investment over the
short-term).
Investment Objectives and Strategies
This fund's objective is to provide a level of income consistent with
investments in short-term fixed-income securities. The fund invests primarily in
short-term, high-quality fixed income securities issued or guaranteed by
Canadian federal, provincial or municipal governments, or issued by
corporations. It may also invest in mortgages insured or guaranteed by Canadian
federal or provincial governments.
The portfolio
manager examines various economic indicators to construct an interest rate
outlook then builds the fund's portfolio using a disciplined investment
approach. 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.
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