BMO Investments Inc. Announces Changes to Its Mutual Fund Lineup
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 07/25/13 -- BMO Investments Inc. (BMOII) today announced a number of changes to the BMO Mutual Funds lineup.
Effective on or about August 9, 2013, the name of the Solutions family of funds will be changed as follows:
The name of the existing Advisor Series units will be changed to Series C for each of the newly renamed funds listed above and Series C will be closed to any additional purchases effective after close of business on August 9, 2013. BMOII has also announced that it is adding a new Advisor series as well as a No-Load series A for each of these funds.
In addition, the risk rating for the newly renamed BMO SelectTrust™ Security Portfolio will change from "low to medium" to "low", effective July 26, 2013, to align better with the Fund's risk level.
BMOII also announced that, effective August 12, 2013, BMO SelectClass® Security Portfolio, BMO SelectClass® Balanced Portfolio, BMO SelectClass® Growth Portfolio, BMO SelectClass® Equity Growth Portfolio, BMO Security ETF Portfolio Class, BMO Balanced ETF Portfolio Class, BMO Growth ETF Portfolio Class and BMO Equity Growth ETF Portfolio Class will no longer be available for new purchases through registered plans, except for certain previously established continuous savings plans.
For more information on BMO Mutual Funds, please visit .
About BMO Investments Inc.
BMO Investments Inc. is a member of BMO Financial Group and part of the organization's Private Client Group (PCG). PCG, BMO's group of wealth management businesses, serves a full range of client segments from mainstream to ultra-high net worth individuals and institutions, with a broad offering of wealth management products and solutions including insurance products. PCG operates in both Canada and the United States, as well as in Asia and Europe and had total assets under management and administration of $522 billion as at April 30, 2013.
About BMO Global Tax Advantage Funds Inc.
BMO Global Tax Advantage Funds Inc. is a mutual fund corporation and separate legal entity from BMO Investments Inc. Each class of shares of BMO Global Tax Advantage Funds Inc. is offered by BMO Investments Inc. as a separate BMO Mutual Fund.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the mutual fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
BMO Mutual Funds, which include classes of shares of BMO Global Tax Advantage Funds Inc., are offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal.
Contacts:
Media contacts:
Amanda Robinson, Toronto
(416) 867-3996
Valerie Doucet, Montreal
(514) 877-8224
Laurie Grant, Vancouver
(604) 665-7596
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Datum: 25.07.2013 - 19:56 Uhr
Sprache: Deutsch
News-ID 281965
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TORONTO, ONTARIO
Kategorie:
Commercial & Investment Banking
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