More to income than only yield: Manager

This multi-asset approach from BMO made medalist returns alongside set distributions

Diana Cawfield 2 January, 2020 | 1:30AM

Gold faucet

When it comes to income-seeking mandates, the silver-rated BMO Diversified Income Portfolio F differs from other strategies. “The mandate is not a typical balanced/income fund,” says Robert Armstrong, director, portfolio manager and investment strategist at BMO Global Asset Management in Toronto. 

“There are numerous components to it. We run this fund by the multi-asset team of 28 individuals around the globe who use a top-down, macro approach to deliver what the client wants,” says Armstrong.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Bank of Nova Scotia40.88 USD0.00
BMO Diversified Income Portfolio F9.56 CAD0.57
Royal Bank of Canada93.08 CAD0.00
The Toronto-Dominion Bank59.92 CAD0.00

About Author

Diana Cawfield

Diana Cawfield  Diana Cawfield is an award-winning writer who has been a regular Morningstar contributor since 2000. Her numerous publication credits include the Toronto StarAdvisor's Edge and Chatelaine, as well as the Canadian Securities Institute's online educational services.

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