BMO Low Volatility Equity Fund Class A (BLVAX)
BMO Low Volatility Equity Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $11.40, down 0.26% on the session, giving a market capitalisation of $123.5M. Its beta of 0.69 implies it has historically moved less than the broad market.
This fund allocates a minimum of 80% of its assets to a diversified collection of common equities issued by prominent U.S. companies. At the time of acquisition, these firms are comparable in size to those included in the Russell 1000® Index. Columbia, the investment manager, employs a distinctive approach to select undervalued stocks with inherently low volatility. This method combines advanced proprietary analytical tools with the expert qualitative assessments of its investment professionals. The primary objective of this strategy is to offer the fund reduced exposure to market downturns while still capturing substantial gains when compared to the performance of the Russell 1000® Index.
BMO Low Volatility Equity Fund Class A is most often compared with the following Financial Services names: