North American Equity Enhanced Market Indexed Account
International Equity
As Of: Jun 30, 2024
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 |
|---|---|
| Financials | 22.25% |
| Industrials | 17.02% |
| Consumer Staples | 15.43% |
| Utilities | 13.27% |
| Health Care | 6.94% |
| Energy | 5.78% |
| Information Technology | 5.43% |
| Consumer Discretionary | 4.65% |
| Real Estate | 3.83% |
| Communication Services | 3.50% |
| Materials | 1.88% |
Category
International Equity
General Info
| Inception Date | Oct 21, 2019 |
|---|---|
| Credited Interest Rate1 | 3.85% |
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 | $12,033.60 |
|---|---|
| Rate of Return | +20.34% |
Calendar Performance
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.26% | 3.67% | 3.72% | 3.64% | - | - | - | - | - | - |
Performance
| Effective Date | Credited Interest Rate1 |
|---|---|
| Oct 01, 2024 | 3.85% |
| Jul 01, 2024 | 3.65% |
| Apr 01, 2024 | 3.40% |
| Jan 01, 2024 | 3.05% |
| Oct 01, 2023 | 3.10% |
| Jul 01, 2023 | 3.15% |
| Apr 01, 2023 | 3.30% |
| Jan 01, 2023 | 3.50% |
Risk vs. Return
No Data Available
Category
International Equity
General Info
| Inception Date | Oct 21, 2019 |
|---|---|
| Credited Interest Rate1 | 3.85% |
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. This guarantee is not applicable for amounts held in the Side Account.