BMO Investments Inc. Announces Changes to Existing Funds
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 10/27/15 -- BMO Investments Inc. (BMOII) today announced changes to its existing funds.
Management Fee Reductions
Effective on or about October 30, 2015, BMOII is lowering management fees on certain of its funds as follows:
Portfolio Management and Name Changes
BMOII also announced that, effective immediately, BMO Asset Management Corp. no longer acts as sub-advisor of BMO Canadian Tactical ETF Class and BMO Global Tactical ETF Class. BMO Asset Management Inc. will remain as portfolio manager for these funds. These funds' strategies will change to focus on lower volatility securities. Also, on or about November 16, 2015, the funds' names will change to BMO Canadian Low Volatility ETF Class and BMO Global Low Volatility ETF Class, respectively, to align more closely with the revised strategies.
For more information on BMO Mutual Funds please visit .
Get the latest BMO press releases via Twitter by following (at)BMOmedia
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 may be associated with mutual fund investments. Please read the fund facts or prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
®"BMO (M-bar roundel symbol)" is a registered trade-mark of Bank of Montreal, used under licence.
About BMO Financial Group
Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of approximately $672 billion as of July 31, 2015, and more than 47,000 employees, BMO provides a broad range of retail 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.
Contacts:
Media Contacts:
Amanda Robinson, Toronto
(416) 867-3996
Valérie Doucet, Montreal
(514) 877-8224
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 27.10.2015 - 19:21 Uhr
Sprache: Deutsch
News-ID 429836
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Commercial & Investment Banking
Diese Pressemitteilung wurde bisher 279 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"BMO Investments Inc. Announces Changes to Existing Funds"
steht unter der journalistisch-redaktionellen Verantwortung von
BMO Financial Group (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
