BMO Target Retirement 2020 Fund

U.S. News evaluated 52 Target Date 2016-2020 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 14.46 percent over the past year, 8.86 percent over the past three years, and 17.85 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.8%
1 Year 14.5%
3 Years (Annualized) 8.9%
5 Years (Annualized) 17.9%
10 Years (Annualized) N/A

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Summary

The investment seeks to achieve growth, income, and conservation of capital to varying degrees depending on its proximity to its target date. The fund will attempt to achieve its investment objectives by investing in a mix of BMO Funds and unaffiliated funds (the underlying funds) in different combinations and weightings. It is designed for an investor who expects to retire in or around the year 2020 at age 65 and who plans to withdraw the value of the investor's account in the fund gradually after retirement. The fund may invest no more than 80% of its total assets in funds that invest principally in equity securities.