- BMO funds recognized in five categories, including energy and
fixed income
TORONTO, Nov. 19, 2020 /CNW/ - BMO Global Asset Management
(BMO GAM) was recognized at the 2020 Refinitiv Lipper Fund Awards,
with four BMO Exchange Traded Funds (ETFs) and one BMO Mutual Fund
claiming top honours.
The annual Refinitiv Lipper Fund Awards honour funds and fund
families that have excelled in delivering strong risk-adjusted
performance relative to their peers.
BMO GAM received top honours for the following:
- BMO Global Energy Class Series A – Best Mutual Fund in the
Energy Equity Space over five years
- BMO Mid Corporate Bond Index ETF (ticker ZCM) – Best ETF in the
Canadian Corporate Fixed Income Space over three years
- BMO Equal Weight Banks Index ETF (ticker ZEB) – Best ETF in the
Financial Services Equity Space over five years
- BMO Long-Term US Treasury Bond Index ETF (ticker ZTL) – Best
ETF in the Global Fixed Income Space over three years
- BMO US Preferred Share Index ETF (ticker ZUP) – Best ETF in the
Preferred Share Fixed Income Space over three years
"We are thrilled to have our team's hard work and success
recognized at this year's Refinitiv Lipper Fund Awards," said
Kevin Gopaul, President, BMO ETFs,
BMO Global Asset Management. "The performance of these funds is a
testament to our ability to produce consistently strong
risk-adjusted performance relative to our peers, while continuing
to deliver outperforming returns for investors."
For more information please visit: www.bmo.com/gam/ca
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BMO Global Asset Management is a brand name that comprises BMO
Asset Management Inc., BMO Investments Inc., BMO Asset Management
Corp., BMO Asset Management Limited and BMO's specialized
investment management firms.
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performance may not be repeated.
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please see the specific risks set out in the prospectus. BMO
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About BMO Financial Group
Serving customers for 200
years and counting, BMO is a highly diversified financial services
provider - the 8th largest bank, by assets, in North America. With total assets of
$974 billion as of July 31, 2020, and a team of diverse and highly
engaged employees, BMO provides a broad range of personal and
commercial banking, wealth management and investment banking
products and services to more than 12 million customers and
conducts business through three operating groups: Personal and
Commercial Banking, BMO Wealth Management and BMO Capital
Markets.
About Refinitiv Lipper Fund Awards:
For more than 30
years and in over 17 countries worldwide, the highly-respected
Refinitiv Lipper Awards have honoured funds and fund management
firms that have excelled in providing consistently strong
risk-adjusted performance relative to their peers and focus the
investment world on top-funds. The merit of the winners is based on
entirely objective, quantitative criteria. This coupled with the
unmatched depth of fund data, results in a unique level of prestige
and ensures the award has lasting value. Renowned fund data and
proprietary methodology is the foundation of this prestigious award
qualification, recognizing excellence in fund management. Find out
more at www.lipperfundawards.com.
The Refinitiv Lipper Fund Awards, granted annually, highlight
funds and fund companies that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers.
The Refinitiv Lipper Fund Awards are based on the Lipper Leader
for Consistent Return rating, which is a risk-adjusted performance
measure calculated over 36, 60 and 120 months. The fund with the
highest Lipper Leader for Consistent Return (Effective Return)
value in each eligible classification wins the Refinitiv Lipper
Fund Award. For more information, see lipperfundawards.com
Although Refinitiv Lipper makes reasonable efforts to ensure the
accuracy and reliability of the data contained herein, the accuracy
is not guaranteed by Refinitiv Lipper.
BMO Global Energy Class Series A was awarded the 2020 Lipper
Fund Award in the Energy Equity category for the five year period
ending July 31, 2020 out of a total
of 11 funds. Performance for the fund for the period ended
October 30, 2020 is -44.84% (1 year),
-20.21% (3 years), -9.92% (5 years), -2.86% (10 years) and 0.35%
(since inception on November 17
2008).The corresponding Lipper Leader ratings of the fund for the
period ending July 31, 2020 are as
follows: 4 (3 years), 5 (5 years), 5 (10 years).
BMO Mid Corporate Bond Index ETF (ticker ZCM) was awarded the
2020 Lipper Fund Award in the Canadian Corporate Fixed Income
category for the three year period ending July 31, 2020 out of a total of 12
funds. Performance for the fund for the period ended
October 30, 2020 is 7.61% (1 year),
5.47% (3 years), 4.66% (5 years), 4.97% (10 years) and 5.27% (since
inception on January 19
2010). The corresponding Lipper Leader ratings of the fund for
the period ending July 31, 2020 are
as follows: 5 (3 years), 5 (5 years), 4 (10 years).
BMO Equal Weight Banks Index ETF (ticker ZEB) was awarded the
2020 Lipper Fund Award in the Financial Services Equity category
for the five year period ending July 31,
2020 out of a total of 12 funds. Performance for the fund
for the period ended October 30, 2020
is -11.98 % (1 year), -1.62% (3 years), 6.22% (5 years), 7.70%
(10 years) and 8.45% (since inception on October 20 2009). The corresponding Lipper
Leader ratings of the fund for the period ending July 31, 2020 are as follows: 3 (3 years), 5
(5 years), 2 (10 years).
BMO Long-Term US Treasury Bond Index ETF (ticker ZTL)
was awarded the 2020 Lipper Fund Award in the Global Fixed
Income category for the three year period ending July 31, 2020 out of a total of 10 funds.
Performance for the fund for the period ended October 30, 2020 is 13.99% (1 year), 11.50% (3
years), and 9.28% (since inception on February 28 2017). The corresponding Lipper
Leader ratings of the fund for the period ending July 31, 2020 are as follows: 5 (3 years),
N/A (5 years), N/A (10 years).
BMO US Preferred Share Index ETF (ticker ZUP) was awarded
the 2020 Lipper Fund Award in the International Equity category for
the three year period ending July 31,
2020 out of a total of 12 funds. Performance for the fund
for the period ended October 30, 2020
is 4.93 % (1 year), 5.25% (3 years), and 5.07% (since
inception on February 9
2017). The corresponding Lipper Leader ratings of the fund for
the period ending July 31, 2020 are
as follows: 5 (3 years), N/A (5 years), N/A (10 years).
SOURCE BMO Financial Group