TORONTO, March 2 /CNW/ - BMO Investments Inc. announced today that the portfolio manager for BMO Sustainable Opportunities Class and BMO Sustainable Climate Class will change.
Effective on or before June 30, 2010, SAM Sustainable Asset Management AG will no longer serve as portfolio manager for BMO Sustainable Opportunities Class or BMO Sustainable Climate Class. A search for a new portfolio manager is currently being undertaken and a replacement(s) will be announced by BMO Investments Inc. on or before June 30, 2010.
"We remain committed to this area of investments and are excited about the opportunities that exist in growing our sustainable investment platform," said Hugh McKee, Co-president of BMO Investments Inc.
About BMO Investments Inc.
BMO Investments Inc. is a member of BMO Financial Group and part of the organization's Private Client Group. The Private Client Group provides integrated wealth management services in Canada and the United States and had total assets under management and administration of $250 billion as at January 31, 2010.
SOURCE BMO BANK OF MONTREAL
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