SOURCE: BMO Global Asset Management

BMO Global Asset Management

February 28, 2013 10:01 ET

BMO Global Asset Management Recognized by Barron's as a Mutual Fund Leader

Barron's Ranking Is the Latest Recognition for BMO GAM Over the Last Few Months

CHICAGO, IL--(Marketwire - Feb 28, 2013) - BMO Global Asset Management has been ranked among the Best U.S. Mutual Fund Families of 2012 according to Barron's recent annual survey. The recognition also follows the organization's recent announcement that its mutual fund line-up has passed $10 billion in assets under management.

"The recognition from Barron's is a great testament to successfully executing on our strategy and our ongoing focus on what investors are seeking in the current market environment," said Barry McInerney, Co-CEO, BMO Global Asset Management. "Our team has achieved this impressive growth by addressing and anticipating the needs of investors and developing innovative solutions to help them achieve their financial goals. We offer investors worldwide reach, regional expertise and a boutique-style approach."

To qualify for the Barron's listing, an organization must have at least three funds in Lipper's general U.S.-stock category as well as one in world equity, combining global and international funds. This marks the first year that BMO Global Asset Management has been recognized by Barron's.

This is the latest of many recognitions that BMO Global Asset Management has earned in the last few months, including:

  • BMO was recently identified by Strategic Insight as one of the fastest-growing mutual fund managers in the U.S. for actively-managed stock and bond funds. The business grew by 28 percent last year, leading to a ranking of 11th on Strategic Insight's Top 25 Fastest Growing Mutual Fund Managers for 2012 list.

  • In January, two BMO funds (BMO TCH Corporate Income Fund (I) and BMO TCH Core Plus Bond Fund (Y)) were recognized by the Wall Street Journal in their annual Category King rankings as being among the top ten out of more than 600 funds in the Intermediate Bond category in terms of performance for the one-year period ending December 31, 2012. BMO Intermediate Tax-Free Fund (Y) placed in the top ten in the Intermediate Muni category (out of nearly 400 funds).

  • BMO Tax-Free Money Market Fund (I) was named one of iMoneyNet's 2012 Money Fund Report® Award Winners, recognized for reporting the highest net one-year returns for 2012 among funds with $1.0 billion in assets or more in the National Tax-Free Institutional category

  • Craig J. Mauermann, portfolio manager of BMO Tax-Free Money Market Fund, was also named a U.S. Money Fund Report Winner by iMoneyNet in its list of Top U.S. Fund Manager for 2012. Mauermann was the top portfolio manager among 36 peers in the Tax-Free category for companies with assets greater than $1 billion.

BMO Funds provide a wide range of equity, fixed income and money market fund options across the risk/reward spectrum. The company takes a disciplined approach to uncover investment opportunities that demonstrate value, growth catalysts, income, pay dividends, and provide cash flow.

In 2012, BMO launched six new funds to meet the growing demand of investors seeking non-correlated asset classes in order to diversify their portfolios, manage risk or enhance returns.

In addition, Lloyd George Management, a wholly owned subsidiary of BMO Global Asset Management, recently took over sub-advising BMO's Emerging Market Equity Fund, which invests in a diversified portfolio of common stocks of foreign companies located in emerging market countries.

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About BMO Family of Funds
The BMO Funds are a global family of actively managed mutual funds. The firm's 24 funds span the risk/reward spectrum and include: domestic and international equity funds, taxable and tax-free fixed income funds, emerging market equity and money market funds.

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. (Toronto), Pyrford International Ltd. (London), Lloyd George Management (Hong Kong) and Taplin, Canida & Habacht, LLC (U.S.).

Established in 1992, BMO Funds are advised by BMO Asset Management U.S. and offers Institutional (I) and Investor (Y) class shares. Along with its subsidiary boutiques and affiliates, the advisor oversees more than $50 billion in assets under management. BMO Funds is a part of BMO Financial Group, a fully diversified financial services organization with $525 billion total assets and more than 46,000 employees as of October 31, 2012.

BMO Global Asset Management is the brand name for various affiliated entities of BMO Financial Group that provide investment management, retirement plan services, and trust and custody. 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. 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).

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 or by visiting our website at Please read carefully before investing.

An investment in money market funds is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds.

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

Foreign investing involves special risks due to factors such as increased volatility, currency fluctuation and political uncertainties.

Tax-Free Funds: Interest income from the Fund's investments may be subject to the federal alternative minimum tax (AMT) for individuals and corporations, and state and local taxes.

Keep in mind that as interest rates rise, bond prices fall. This may have an adverse effect on the Fund's portfolio.

High Yield funds may invest in lower-quality securities which generally offer higher yields, but also carry more risk.

Past performance is no guarantee of future results.

Diversification does not ensure a profit or protect against a loss in a declining market.

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

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

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