BMO Balanced Allocation Fund - Y (BGRYX)
BMO Balanced Allocation Fund - Y operates in the Asset Management industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $4.38, down 1.13% on the session, giving a market capitalisation of $253.4M. Its beta of 1.07 implies it has historically moved more than the broad market.
The BMO Balanced Allocation Fund - Y aims to deliver a comprehensive investment return, generated through both capital appreciation and income. It typically achieves this by investing in a diversified portfolio of other funds, generally allocating approximately 60% of its total holdings to those focused on equity securities and around 40% to those concentrated in fixed income investments. However, under normal market conditions, the fund maintains the flexibility to adjust these allocations within specific ranges: 50% to 70% in equity-focused funds and 30% to 50% in fixed income-focused funds.
BMO Balanced Allocation Fund - Y is most often compared with the following Financial Services names: