BMO Investments Inc. Announces Sub-Advisor Changes to Certain BMO Mutual Funds
29 Jan, 2018, 08:30 ET
TORONTO, Jan. 29, 2018 /CNW/ - BMO Investments Inc. today announced the appointment of sub-advisors for BMO Diversified Income Portfolio, BMO Emerging Markets Bond Fund, BMO Monthly Income Fund and BMO Global Small Cap Fund (the "Funds").
Effective on or about January 31, 2018:
- F&C Management Limited will be appointed as sub-advisor for a portion of each of BMO Diversified Income Portfolio and BMO Monthly Income Fund.
- F&C Management Limited will be appointed as sub-advisor for BMO Emerging Markets Bond Fund and BMO Global Small Cap Fund. Taplin, Canida & Habacht LLC will no longer act as sub-advisor for BMO Emerging Markets Bond Fund.
BMO Asset Management Inc. will remain as the portfolio manager for the Funds.
For more information about BMO Mutual Funds please visit www.bmo.com/mutualfunds.
BMO Mutual Funds are offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal.
BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp. and BMO's specialized investment management firms.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund facts or prospectus of the mutual fund before investing. Mutual funds are not guaranteed.
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $710 billion as of October 31, 2017, and more than 45,000 employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.
SOURCE BMO Financial Group
For further information: Media Contacts: Alicia Skrinjar, Toronto, [email protected], (416) 867-3996; Valérie Doucet, Montreal, [email protected], (514) 877-8224
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