BMO ARK NEXT GENERATION INTERNET FUNDBMO ARK NEXT GENERATION INTERNET FUNDBMO ARK NEXT GENERATION INTERNET FUND

BMO ARK NEXT GENERATION INTERNET FUND

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Key stats


Assets under management (AUM)
‪8.18 M‬CAD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
−0.2%
Shares outstanding
‪200.06 K‬
Expense ratio
0.90%

About BMO ARK NEXT GENERATION INTERNET FUND


Issuer
Bank of Montreal
Brand
BMO
Home page
Inception date
Nov 14, 2022
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Primary advisor
BMO Investments, Inc.
The fund actively managed fund uses a very broad mandate that is not limited by geography or by industry. Instead, the funds managers are tasked with identifying companies they see as the next generation of Internet evolution. Broadly speaking, the fund managers appear focused on big buzzwords such as Internet of Things, cloud computing, digital currencies, and wearable technology. While the funds focus may be appealing for investors with conviction in these new technologies, portfolio implementation is a more difficult task: Most of the companies developing these advancements are huge corporations for which nascent technologies are only a small fraction of total revenues. As such, its very difficult to get pure-play access to the funds targeted technologiesso be sure to confirm that the funds holdingsnot just its thesisalign with your view of the space. The fund may have exposure to cryptocurrency indirectly through a grantor trust or other pooled investment vehicles, such as Canadian ETFs.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Internet
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of March 28, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Finance
Consumer Durables
ETF
Stocks87.06%
Technology Services47.87%
Finance14.72%
Consumer Durables13.15%
Electronic Technology4.57%
Consumer Services3.60%
Retail Trade1.20%
Health Services1.16%
Health Technology0.80%
Bonds, Cash & Other12.94%
ETF10.53%
Cash2.39%
Miscellaneous0.01%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows