BMO Mortgage & Short-Term Income Fund How to buy
Fund Profile

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Fund Facts
Prospectuses, Financial Reports & Other Important Information
Who Should Buy This Fund?

Consider this fund if:
  • you want regular income
  • you're looking for a conservative fund for your portfolio
  • you prefer low investment risk.
(i.e. you are willing to accept some fluctuations in the market value of your investment over the short-term).

Investment Objectives and Strategies

This fund's objective is to provide a level of income consistent with investments in short-term fixed-income securities. The fund invests primarily in short-term, high-quality fixed income securities issued or guaranteed by Canadian federal, provincial or municipal governments, or issued by corporations. It may also invest in mortgages insured or guaranteed by Canadian federal or provincial governments.

The portfolio manager examines various economic indicators to construct an interest rate outlook then builds the fund's portfolio using a disciplined investment approach. Overall maturity structure and sector positioning of the fund's portfolio are based on anticipated changes in the direction of interest rates, while the selection of individual securities is determined by fundamental analysis and relative valuations.