BMO Financial Group
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BMO Financial Group
BMO Global Asset Management

BMO Global Asset Management

November 06, 2014 09:00 ET

BMO ETFs and Mutual Funds Recognized at Lipper Awards

TORONTO, ONTARIO--(Marketwired - Nov. 6, 2014) - Four BMO Exchange Traded Funds (ETFs) and two BMO Mutual Funds were awarded top honours at last night's Lipper Fund Awards in Toronto. The Lipper Awards recognize funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The awards take place in 23 countries in Asia, Europe, the Middle East/North Africa and the Americas.

BMO Funds were recognized in the following categories:

  • Best Mutual Fund in the Energy Equity Space (over three years): BMO Global Energy Class Series A
  • Best Mutual Fund in the North American Equity Space (over three years): BMO North American Dividend Series A
  • Best Global Equity ETF (over three years): BMO Global Infrastructure Index ETF
  • Best High Yield Income ETF (over three years): BMO High Yield US Corp Bond Hedged to CAD Index ETF
  • Best Energy Equity ETF (over three years): BMO Junior Oil Index ETF
  • Best Canadian Fixed Income ETF (over three years): BMO Mid Corporate Bond Index ETF

"It's an honour for BMO Global Asset Management to have multiple ETFs and mutual funds recognized by the Lipper Awards," said Kevin Gopaul, Senior Vice President and Chief Investment Officer, BMO Global Asset Management. "Winning these awards reflects our commitment to delivering top-performing investment solutions across key categories."

Mr. Gopaul added that much of BMO Global Asset Management's ongoing success can be attributed to its strong team of experienced professionals who share a passion for developing market-leading products.

For more information please visit: www.bmomutualfunds.com

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BMO Mutual Funds are offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal.

BMO ETFs are managed and administered by BMO Asset Management Inc., a portfolio manager and investment fund manager and separate legal entity from Bank of Montreal.

Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

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.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization based in North America. The bank offers a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers. BMO Financial Group had more than $586 billion in total assets and approximately 47,000 employees at July 31, 2014.

2014 Lipper Fund Award

The Lipper Fund Awards, granted annually, are part of the Thomson Reuters Awards for Excellence awarded by Lipper, Inc. and highlight funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Ratings for Consistent Return, which is a risk-adjusted performance measure calculated over 36, 60 and 120 month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award. Lipper Leader ratings change monthly. For more information, see www.lipperweb.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

BMO Global Energy Class (series A), was awarded the 2014 Lipper Fund Award in the Energy Equity Fund category for the three year period ending July 31, 2014 out of a total of 16 funds. The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 4 (3 years), 4 (5 years), N/A (10 years).

BMO Global Infrastructure Index ETF, was awarded the 2014 Lipper Fund Award in the Global Equity Fund category for the three year period ending July 31, 2014 out of a total of 6 funds. The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 4 (3 years), 4 (5 years), N/A (10 years).

BMO High Yield US Corporate Bond Hedged to CAD Index ETF, was awarded the 2014 Lipper Fund Award in the High Yield Fund category for the three year period ending July 31, 2014 out of a total of 10 funds. The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 4 (3 years), 4 (5 years), N/A (10 years).

BMO Junior Oil Index ETF, was awarded the 2014 Lipper Fund Award in the Energy Equity Fund category for the three year period ending July 31, 2014 out of a total of 6 funds. The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 4 (3 years), 4 (5 years), N/A (10 years).

BMO Mid Corporate Bond Index ETF, was awarded the 2014 Lipper Fund Award in the Canadian Fixed Income Fund category for the three year period ending July 31, 2014 out of a total of 7 funds. The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 4 (3 years), 4 (5 years), N/A (10 years).

BMO North American Dividend (series A), was awarded the 2014 Lipper Fund Award in the North American Equity Fund category for the three year period ending July 31, 2014 out of a total of 10 funds. The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 4 (3 years), 4 (5 years), N/A (10 years).

Commissions, trailing 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.

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