BMO Investments Inc. Introduces Four New Funds that Provide Investors with Innovative Ways to Generate Income
- New funds respond to investor appetite for income-based products - Strategies include covered calls, laddered bonds and use of income-based Exchange Traded Funds (ETFs) - BMO study: almost three-quarters of Canadians are interested in generating more income from their investments
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 06/12/12 -- BMO Investments Inc. (BMOII) today announced the launch of four new income solutions that are designed to address a growing need for income and cash-flow among Canadian investors. The funds use innovative strategies to meet investors' need for steady income.
The new income solutions reflect BMOII's commitment to meet the needs of investors who are looking for investment products that provide access to stable income. According to a BMO study, almost three-quarters of Canadians are interested in generating more income from their investments.
The funds have been available to Canadian investors through the advisor community since June 4, 2012.
"We have introduced these new funds because there is a growing appetite among Canadians for innovative income-based products," said Kevin Gopaul, Senior Vice President and Chief Investment Officer, ETFs and Mutual Funds, BMO Asset Management Inc. "Many people are approaching or entering retirement and are looking for income and cash-flow solutions. When you combine this with the fact that low interest rates are fuelling a need for more alternative sources of income, these funds are all the more relevant for the current market environment."
The New Funds Include:
For more information, visit bmoguardianfunds.com.
These funds are also available through BMO Mutual Funds. For more information on BMO Mutual Funds speak to your local BMO investment professional.
Get the latest BMO press releases via Twitter by following (at)BMOmedia
The online survey, referred to above as the BMO study, was conducted by Leger Marketing from March 28 - March 31, 2011, with 1501 Canadian adults.
BMO Guardian Funds are offered by BMO Investments Inc., a financial services firm and separate legal entity firm from Bank of Montreal. Commissions, trading commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Contacts:
Media Contacts:
Amanda Robinson, Toronto
416-867-3996
Ronald Monet, Montreal
416-867-1873
Laurie Grant, Vancouver
604-665-7596
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Datum: 12.06.2012 - 10:06 Uhr
Sprache: Deutsch
News-ID 155380
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contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Commercial & Investment Banking
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