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About BMO GLOBAL INFRASTRUCTURE FUND
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Inception date
Jun 26, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Investments, Inc.
The fund aims to provide a high level of total return, including dividend income and capital gains, by investing in companies that operate in or benefit from the global infrastructure industry. Here infrastructure is broadly defined and crosses over multiple sectors and industries, such as transportation, energy, water, and telecomms. Although the fund primarily invests in equities, it may also hold debt securities. The fund seeks to invest in securities that will generate stable and long-term cash flows, with consideration for industry and country diversification. The fund may invest without limit in foreign securities and may allocate up to 10% of its assets in securities of funds managed by the issuer. The adviser may use derivatives for hedging and non-hedging purposes and may enter into securities lending, repurchase, and reverse purchase transactions for additional income. The adviser may frequently buy and sell investments, which results in a high portfolio turnover.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Utilities
Industrial Services
Transportation
Stocks94.56%
Utilities45.88%
Industrial Services24.65%
Transportation24.03%
Bonds, Cash & Other5.44%
Cash2.70%
ETF2.04%
UNIT0.70%
Stock breakdown by region
North America64.58%
Europe25.00%
Oceania4.99%
Asia3.17%
Latin America2.27%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BGIF invests in stocks. The fund's major sectors are Utilities, with 45.88% stocks, and Industrial Services, with 24.65% of the basket. The assets are mostly located in the North America region.
BGIF top holdings are Aena SME SA and NextEra Energy, Inc., occupying 5.99% and 5.89% of the portfolio correspondingly.
BGIF assets under management is 60.53 M CAD. It's risen 2.97% over the last month.
BGIF fund flows account for −51.64 K CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, BGIF doesn't pay dividends to its holders.
BGIF shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Jun 26, 2023, and its management style is Active.
BGIF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BGIF invests in stocks.
BGIF price has risen by 6.56% over the last month, and its yearly performance shows a 17.78% increase. See more dynamics on BGIF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.14% over the last month, showed a 5.12% increase in three-month performance and has increased by 24.12% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.14% over the last month, showed a 5.12% increase in three-month performance and has increased by 24.12% in a year.
BGIF trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.