BMO Small-Cap Core Fund

Data updated: 2020-07-20

C000135340 — BMO Small-Cap Core Fund. United States Small Cap Blend / Core Equity · $12.49M AUM. Holdings, fees, performance and SEC filings.

C000135340 Fund Overview

BMO Small-Cap Core Fund is a US mutual fund managed by Bmo Funds, Inc., categorised as United States Small Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: Bmo Funds, Inc.
Category: United States Small Cap Blend / Core Equity
Assets under management: $12.49M
SEC CIK: 0000889366
SEC series ID: S000043651
Share class ID: C000135340

C000135340 Investment Objective and Strategy

BMO Small-Cap Core Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Bmo Funds, Inc..

Investment objective

To provide capital appreciation.

Principal investment strategy

The Fund invests at least 80% of its assets in a broadly diversified portfolio of common stocks of small-cap U.S. companies similar in size to those within the Russell 2000 Index. These small-cap companies, at the time of purchase, generally have market capitalizations in the range of companies in the Russell 2000 Index. The largest company by market capitalization in the Russell 2000 Index was approximately $6.6 billion as of October 31, 2017, and the median market capitalization of companies in the Index as of the same period was $851 million. The Fund may at times focus its investments in one or more sectors. The Adviser selects stocks using a unique approach which combines the use of proprietary analytical tools and the qualitative judgments of the investment team. The Fund is designed to be a core fund that seeks to combine both value and growth characteristics within the small-cap universe.

In general, the Adviser believes companies that are undervalued relative to their fundamentals and exhibit improving investor interest outperform the market over full market cycles. As a result, the Advisers investment process begins by using tools to rank stocks based on expected returns, construct preliminary portfolios with the use of fundamental factors, and manage risk. All purchases and sales of portfolio securities, however, are subjected ultimately to the investment teams qualitative judgments developed from their cumulative investment experience. The entire process is designed to focus on company fundamentals through both quantitative and qualitative analysis to balance return generation with risk management. From time to time, the Fund maintains a portion of its assets in cash. The Fund may increase its cash holdings in response to market conditions or in the event attractive investment opportunities are not available.

C000135340 Costs and Fees

C000135340 costs about $90 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.90%
Gross expense ratio: 1.65%
Portfolio turnover: 81%
Brokerage commissions: 14.29 bps of average net assets (SEC N-CEN)

C000135340 Cashflows

Over the 12 months to 2020-05, BMO Small-Cap Core Fund had net outflows of $134.28K, from monthly SEC N-PORT filings.

Month	Net flow
2020-05	−$51.73K
2020-04	−$362.44K
2020-03	$433.67K
2020-02	$167.09K
2020-01	−$123.85K
2019-12	−$52.53K

C000135340 Debt Constituents

No individual debt constituents are reported in BMO Small-Cap Core Fund's latest SEC N-PORT filing.

C000135340 Prospectus and SEC Filings

Official BMO Small-Cap Core Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other United States Small Cap Blend / Core Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.