TORONTO, Dec. 11, 2018 /CNW/ - BMO Investments Inc.
(BMOII) today announced the launch of two high conviction BMO
Mutual Funds, that are intended to provide investors an opportunity
to access growth in Canada and
North America.
"High conviction portfolios – concentrated in fewer stocks than
traditional funds – are increasingly in demand," said
Mark Raes, Head of Product
Management Canada, BMO Global Asset Management. "We are committed
to meeting the needs of advisors for their clients."
BMOII has launched the following new funds – sub-advised by SIA
Wealth Management Inc. – which offer Series A, Series F,
Series D, Series I, Advisor Series and ETF Series units. The
offering of ETF Series units of the funds with tickers ZFC and ZFN,
respectively, has closed and they will begin trading on the Toronto
Stock Exchange today.
- BMO SIA Focused Canadian Equity Fund: This fund provides
investors access to a concentrated portfolio of Canadian equities
that are selected based on relative strength.
- BMO SIA Focused North American Equity Fund: This fund
provides investors access to a concentrated portfolio of North
American equities that are selected based on relative
strength.
SIA Wealth Management Inc. (SIAWM) is an independent
investment management firm founded in 2012 and focused on creating
financial wealth for investors by building diversified portfolios
through relative strength analysis.
®/™Registered trade-marks/trade-mark of Bank of Montreal, used under license.
BMO Global Asset Management is a brand name that comprises BMO
Asset Management Inc., BMO Investments Inc., BMO Asset Management
Corp., BMO Asset Management Limited and BMO's specialized
investment management firms.
BMO Mutual Funds are managed by BMO Investments Inc., which is
an investment fund manager and a separate legal entity from Bank of
Montreal.
Commissions, trailing commissions (if applicable), management
fees and expenses all may be associated with mutual fund
investments. Please read the ETF facts, fund facts or
prospectus of the relevant mutual fund before investing.
Mutual funds are not guaranteed, their values change frequently and
past performance may not be repeated.
For a summary of the risks of an investment in the BMO Mutual
Funds, please see the specific risks set out in the
prospectus. ETF Series of the BMO Mutual Funds trade like
stocks, fluctuate in market value and may trade at a discount to
their net asset value, which may increase the risk of loss.
Distributions are not guaranteed and are subject to change and/or
elimination.
About BMO Global Asset Management
BMO Global Asset
Management is a provider of award winning ETFs, mutual funds and
investment products built on global insights from advanced
investment capabilities and partnerships.
BMO Global Asset Management is a part of BMO Financial Group, a
highly diversified financial services provider based in
North America with total assets of
CDN $774 billion as of October 31, 2018.
SOURCE BMO Financial Group
