BMO Financial Group

BMO Financial Group
BMO Investments Inc.

BMO Investments Inc.

August 12, 2013 08:00 ET

BMO Investments Inc. Introduces Five New Mutual Funds for Income-Focused Investors

- BMO Preferred Share Fund is designed to generate regular income from a high demand asset class

- BMO Tactical Dividend ETF Fund is a low-cost, globally diversified ETF-based investment for investors who are seeking income and growth

- Expansion of U.S. dollar lineup provides further access to the U.S. market

TORONTO, ONTARIO--(Marketwired - Aug. 12, 2013) - BMO Investments Inc. today launched five new mutual funds to support the needs of income-focused investors.

"We've introduced these new funds for investors who are looking for income but want to protect against interest rate volatility," said Kevin Gopaul, Chief Investment Officer and Senior Vice President, BMO Asset Management Inc. "These additions to our mutual fund lineup make it easier for Canadians who are seeking innovative income-based products to access a wider variety of asset classes."

The new funds include:

BMO Preferred Share Fund

  • Meant for those who want to invest in a high demand asset class that offers more tax efficient income than debt investments
  • Preferred shares are an excellent portfolio construction tool with different return characteristics from both equities and fixed income

BMO Tactical Dividend ETF Fund

  • An actively managed fund of ETFs that uses a Canadian core and global active allocation strategy
  • Ideal for those who are seeking income as well as capital growth in a low cost, globally diversified, ETF-based investment
  • Managed by Larry Berman, host of Berman's Call on BNN

BMO U.S. Dollar Dividend Fund

  • Meant for income-seeking investors to purchase in U.S. dollars, who are looking for greater yields than those offered by the debt markets and with equity growth opportunities

BMO U.S. Dollar Balanced Fund

  • Designed for investors to purchase in U.S. dollars, and offers a total return approach to access the U.S. growth story

BMO Emerging Markets Bond Fund

  • Enables investors to access the emerging markets fixed income sector that provides higher yield than traditional Canadian fixed income investments

For more information on BMO Mutual Funds, please visit

About BMO Investments Inc.

BMO Investments Inc. is a member of BMO Financial Group and part of the organization's Private Client Group (PCG). PCG, BMO's group of wealth management businesses, serves a full range of client segments from mainstream to ultra-high net worth individuals and institutions, with a broad offering of wealth management products and solutions including insurance products. PCG operates in both Canada and the United States, as well as in Asia and Europe and had total assets under management and administration of $522 billion as at April 30, 2013.

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

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the mutual fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

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