BMO Alternative Strategies I
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-10.0%
1 yr return
-12.5%
3 Yr Avg Return
-8.9%
5 Yr Avg Return
-4.6%
Net Assets
$19.3 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.18%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 64.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BMASX - Profile
Distributions
- YTD Total Return -10.0%
- 3 Yr Annualized Total Return -7.0%
- 5 Yr Annualized Total Return -3.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.40%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameBMO Alternative Strategies Fund
-
Fund Family NameBMO Funds
-
Inception DateDec 16, 2014
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Dowdall
Fund Description
BMASX - Performance
Return Ranking - Trailing
Period | BMASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -10.0% | -45.3% | 22.5% | 55.38% |
1 Yr | -12.5% | -48.9% | 14.2% | 59.38% |
3 Yr | -8.9%* | -27.4% | 6.4% | 71.15% |
5 Yr | -4.6%* | -33.1% | 5.7% | 58.70% |
10 Yr | N/A* | -13.6% | 12.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | BMASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.0% | -39.6% | 40.4% | 54.69% |
2022 | -9.1% | -32.1% | 18.9% | 66.67% |
2021 | -1.9% | -24.8% | 48.2% | 69.23% |
2020 | 2.8% | -51.7% | 12.8% | 8.33% |
2019 | 0.5% | -24.6% | 18.1% | 27.66% |
Total Return Ranking - Trailing
Period | BMASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -10.0% | -45.3% | 22.5% | 55.38% |
1 Yr | -12.5% | -48.9% | 14.2% | 59.38% |
3 Yr | -7.0%* | -27.4% | 6.4% | 63.46% |
5 Yr | -3.2%* | -33.1% | 5.7% | 52.17% |
10 Yr | N/A* | -13.6% | 12.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BMASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.0% | -39.6% | 40.4% | 54.69% |
2022 | -9.1% | -32.1% | 18.9% | 66.67% |
2021 | 4.5% | -19.4% | 48.2% | 26.92% |
2020 | 2.8% | -51.7% | 12.8% | 8.33% |
2019 | 1.4% | -24.6% | 18.1% | 34.04% |
BMASX - Holdings
Concentration Analysis
BMASX | Category Low | Category High | BMASX % Rank | |
---|---|---|---|---|
Net Assets | 19.3 M | 10 | 2 B | 43.75% |
Number of Holdings | 161 | 3 | 2789 | 39.34% |
Net Assets in Top 10 | 653 K | -3.69 M | 671 M | 65.57% |
Weighting of Top 10 | N/A | 0.0% | 96.5% | 29.80% |
Top 10 Holdings
- Jpqibmus6 Trs Usd R V 01mlibor Us01m-15bps/Reset1stday Of Mon 43.34%
- Jpqibmul6 Trs Usd P V 01mlibor Us01m+23bps/Reset1stday Of Mon 42.97%
- Jpqibmus6 Trs Usd P E Jpqibmus 41.40%
- Jpqibmul6 Trs Usd R E Jpqibmul 40.91%
- Jpqibmfs6 Trs Usd R V 01mlibor Us01m-15bps/Reset1stdayofmonth 15.12%
- Jpqibmfs6 Trs Usd P E Jpqibms1/Bullet Swap 14.82%
- Fisher & Paykel Healthcare Corp Ltd 0.90%
- Enel SpA 0.84%
- Roche Holding AG Dividend Right Cert. 0.73%
- Novo Nordisk A/S B 0.65%
Asset Allocation
Weighting | Return Low | Return High | BMASX % Rank | |
---|---|---|---|---|
Cash | 73.31% | 5.65% | 527.15% | 62.30% |
Stocks | 26.43% | -12.15% | 79.73% | 16.39% |
Other | 0.17% | -202.38% | 94.35% | 57.38% |
Preferred Stocks | 0.09% | 0.00% | 2.62% | 3.28% |
Convertible Bonds | 0.00% | 0.00% | 20.60% | 62.30% |
Bonds | 0.00% | -448.46% | 62.86% | 45.90% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BMASX % Rank | |
---|---|---|---|---|
Healthcare | 22.79% | -0.73% | 24.77% | 13.33% |
Consumer Defense | 14.16% | -0.41% | 20.35% | 13.33% |
Industrials | 10.73% | -0.55% | 17.31% | 30.00% |
Communication Services | 8.97% | -0.18% | 17.31% | 46.67% |
Technology | 8.74% | -1.27% | 28.42% | 66.67% |
Real Estate | 8.10% | -0.14% | 8.10% | 3.33% |
Financial Services | 7.95% | -0.86% | 55.51% | 80.00% |
Consumer Cyclical | 5.79% | -6.55% | 14.09% | 66.67% |
Basic Materials | 5.26% | -0.13% | 8.90% | 76.67% |
Utilities | 5.06% | -0.17% | 8.10% | 20.00% |
Energy | 2.46% | -0.28% | 6.67% | 70.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BMASX % Rank | |
---|---|---|---|---|
Non US | 17.13% | -0.06% | 79.73% | 11.48% |
US | 9.30% | -12.93% | 67.85% | 19.67% |
BMASX - Expenses
Operational Fees
BMASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.18% | 0.77% | 17.48% | 67.19% |
Management Fee | 1.00% | 0.45% | 1.75% | 65.00% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.05% | 0.30% | 76.67% |
Sales Fees
BMASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
BMASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BMASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 64.00% | 0.00% | 326.00% | 27.91% |
BMASX - Distributions
Dividend Yield Analysis
BMASX | Category Low | Category High | BMASX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.58% | 11.25% |
Dividend Distribution Analysis
BMASX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
BMASX | Category Low | Category High | BMASX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.40% | -1.60% | 3.37% | 50.00% |
Capital Gain Distribution Analysis
BMASX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
BMASX - Fund Manager Analysis
Managers
Michael Dowdall
Start Date
Tenure
Tenure Rank
Mar 29, 2017
3.34
3.3%
Mike’s responsibilities include conducting top-down macro research with a focus on portfolio construction and working with clients to develop holistic investment solutions. Mike serves as co-manager of the BMO Target Risk Funds, BMO Target Date Retirement Funds, and Managed Asset Allocation Portfolios (MAAPs). He joined the company in 2016. Prior to working with BMO, Mike was an investment analyst at Lighthouse Investment Partners, where he covered a variety of hedge fund strategies and built customized portfolios for institutional clients. He began his career as a senior consultant at Protiviti. Mike holds an M.B.A. in econometrics and statistics from the University of Chicago Booth School of Business and a B.B.A. in finance from the University of Notre Dame. In addition, he is a CFA® charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 20.33 | 3.97 | 0.18 |