North American Equity Enhanced Market Indexed Account
International Equity
As Of: Dec 31, 2022
Fund Objective
This account credits a daily interest rate based on a portfolio of enhanced equity investments linked to the Low Volatility TSX (TXLV) and S&P500 (SP5LVI) market indices. The portfolio uses derivative strategies to mitigate investment risk during market downturns. To further reduce volatility, BMO Insurance applies a smoothing formula.
Geo Allocation
| Region | Percent |
|---|---|
| North America | 100.00% |
Sector Allocation
| Sector | Percent |
|---|---|
| Utilities | 24.61% |
| Consumer Staples | 17.45% |
| Financials | 15.52% |
| Health Care | 11.00% |
| Industrials | 10.40% |
| Real Estate | 9.63% |
| Communication Services | 4.38% |
| Information Technology | 2.55% |
| Energy | 2.01% |
| Consumer Discretionary | 1.87% |
| Materials | 0.58% |
Category
International Equity
General Info
| Inception Date | Oct 21, 2019 |
|---|---|
| Credited Interest Rate1 | 3.15% |
Fund Management Company
BMO Insurance
Fund Growth
Period
Growth Summary
Table below lists the current growth and return for an investment of $10,000 at the fund's inception:
| Investment Value | $11,539.15 |
|---|---|
| Rate of Return | +15.39% |
Calendar Performance
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.67% | 3.72% | 3.64% | - | - | - | - | - | - | - |
Performance
| Effective Date | Credited Interest Rate1 |
|---|---|
| Jul 01, 2023 | 3.15% |
| Apr 01, 2023 | 3.30% |
| Jan 01, 2023 | 3.50% |
| Oct 01, 2022 | 3.50% |
| Jul 01, 2022 | 3.70% |
| Apr 01, 2022 | 3.75% |
| Jan 01, 2022 | 3.75% |
| Oct 01, 2021 | 3.90% |
Risk vs. Return
No Data Available
Category
International Equity
General Info
| Inception Date | Oct 21, 2019 |
|---|---|
| Credited Interest Rate1 | 3.15% |
Fund Management Company
BMO Insurance
1The credited interest rate may change every calendar quarter, based on the performance of the portfolio. It is guaranteed that it will never be negative.