BMO Global Asset Management

BMO Global Asset Management

December 17, 2014 07:00 ET

BMO Global Asset Management Launches Alternative Strategies Fund

CHICAGO, ILLINOIS--(Marketwired - Dec. 17, 2014) - BMO Global Asset Management today launched the BMO Alternative Strategies Fund (BMASX; BMATX) which seeks to provide investors with an additional source of portfolio diversification and return over varying market environments. This addition to the BMO Fund lineup reflects the firm's commitment to improving investors' investment outcomes. The addition expands the fund roster of the firm to 48.

"With market conditions that can easily fluctuate, investors should pay closer attention to the sources of risk when choosing investment products," said Craig Rawlins, Chief Investment Officer for BMO Global Asset Management. "The range of strategies employed within the BMO Alternative Strategies Fund seek to improve diversification while providing liquidity that is typically not associated with alternative strategies. This Fund also provides a broader range of investors with access to non-traditional investment strategies, which are often available only to institutional and ultra high-net-worth investors."

The Fund will be managed by BMO Asset Management Corp. in collaboration with CTC / myCFO, LLC., an affiliate of BMO Financial Group with decades of experience in alternative investment research and customized portfolio construction. CTC / myCFO will provide strategic recommendations regarding the selection of multiple underlying sub-advisers and the allocations among them, as well as ongoing monitoring.

"Brought together to form a single Fund, the underlying managers' strategies combine to meet the overall investment objective of capital appreciation using a broad range of strategies," said Lowell Yura, CFA, ASA, Head of Multi-Asset Solutions, BMO Global Asset Management and Portfolio Manager of the Fund.

Some of the strategies employed in the Fund include long/short equity, capital structure arbitrage and event-driven tactics. Jointly, the strategies emphasize absolute return, relying less on the direction of markets to meet client objectives. Yura commented, "When added to a portfolio of traditional equity and fixed income strategies, we expect clients to experience less volatility as they seek to meet their return objectives."

The BMO Alternative Strategies Fund joins the 15 new funds BMO has already rolled out in 2014. "At BMO, we strive to offer a strong selection of funds to meet investors' many long-term needs; this new fund reflects our commitment," Mr. Rawlins added.

For more information about BMO Global Asset Management and the new fund, please visit:

About the BMO Family of Funds

The BMO Funds are a global family of actively managed mutual funds. The firm's funds span the risk/reward spectrum and include: U.S., non-U.S. and global equity funds, U.S. (taxable and tax-free) and emerging markets fixed income funds, money market funds, and a range of multi-asset funds offering outcome-oriented solutions for investors.

The family of funds is managed by a multi-disciplined team based in Chicago and Milwaukee, and by a network of world-class boutique managers, which are strategically located across the globe. This network includes Monegy, Inc., Pyrford International Ltd., LGM Investments and Taplin, Canida & Habacht, LLC.

Established in 1992, BMO Funds are advised by BMO Asset Management Corp. Along with its subsidiary boutiques and affiliates, the advisor oversees more than $50 billion in assets under management. BMO Asset Management Corp is a part of BMO Financial Group, a fully diversified financial services organization with $589 billion CND total assets and more than 46,000 employees as of October 31, 2014.


BMO Global Asset Management is the brand name for various affiliated entities of BMO Financial Group that provide investment management, retirement, and trust and custody services. Certain of the products and services offered under the brand name BMO Global Asset Management are designed specifically for various categories of investors in a number of different countries and regions and may not be available to all investors. Products and services are only offered to such investors in those countries and regions in accordance with applicable laws and regulations. BMO Financial Group is a service mark of Bank of Montreal (BMO).

BMO Asset Management U.S. consists of BMO Asset Management Corp.

BMO Asset Management Corp. is the investment adviser to the BMO Funds. BMO Investment Distributors LLC is the distributor. BMO Funds are not marketed or sold outside the United States.

Investors should carefully consider the investment objectives, risks, charges and expenses of the BMO Funds. This and other important information is contained in the prospectuses and/or summary prospectuses, which can be obtained by calling 1-800-580-3863. Please read carefully before investing. The investment risks of each Target Date Fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including equity and fixed income investments in the U.S. and abroad and may be subject to risks associated with investing in high yield, small cap, commodity-linked, and foreign securities.

All investments involve risk, including the possible loss of principal.

Investment products are: Not FDIC Insured / No Bank Guarantee / May Lose Value

©2014 BMO Financial Corp.

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