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Monday, September 30, 2013

BMO Now Serves 31 Fund Flavors

Reported by Katie Lobosco

BMO Global Asset Management [profile] continues to grow. It launched three new funds today: BMO TCH Emerging Markets Bond Fund, BMO Micro-Cap Fund, and BMO Global Low Volatility Fund.

"All three of these noteworthy funds aim to take advantage of market inefficiencies and anomalies that may simultaneously reduce risk and increase potential returns," said chief investment officer Craig Rawlins.

It was busy day for BMO. In addition to bringing their total number of funds up to 31, the Chicago-based company also hired Christopher Keenan as a senior securities lender/trader and Katherine DellaMaria as a portfolio manager.

Here is the press release:
Company Press Release

BMO Global Asset Management Introduces Three New Funds for Investors to Diversify, Enhance Their Portfolios



CHICAGO, September 30, 2013 - BMO Global Asset Management today launched three funds designed to help investors achieve their investment goals. With the addition of the new funds, BMO Global Asset Management’s fund roster now stands at 31 offerings which investors – and the advisors who serve them – can use as building blocks of a well-diversified investment strategy.

“Investors continue to seek out opportunities to reduce volatility and diversify their sources of returns, and we are responding to this as we continue to innovate and expand our suite of outcome-oriented investment solutions,” said Craig Rawlins, Chief Investment Officer, BMO Global Asset Management. “All three of these noteworthy funds aim to take advantage of market inefficiencies and anomalies that may simultaneously reduce risk and increase potential returns. The bottom line is these new funds can help investors achieve their long-term objectives.”

The three new funds introduced today are:

BMO TCH Emerging Markets Bond Fund – seeks to maximize total return from current income and capital appreciation, investing in debt securities issued by emerging market governments, companies located in emerging markets, or issuers whose primary business or trading activities are conducted in emerging markets. 

BMO Micro-Cap Fund – seeks to provide capital appreciation by investing, using a disciplined quantitative process, in common stocks of U.S. companies similar in size to those within the Russell Microcap® Index based on company fundamentals.

BMO Global Low Volatility Fund – is designed to provide investors with long-term returns similar to U.S. large cap stocks but with less volatility. The fund seeks capital appreciation by investing in stocks of U.S. companies similar in size to those in the Russell 1000® Index.

“Adding emerging market bonds, micro-cap equities, or a global portfolio of low-volatility stocks can be a sound option for the risk-conscious financial advisor or investor seeking to add potential upside to their portfolios,” noted Rawlins. “And as with our other investment strategies, these new funds are managed by skilled and dedicated investment professionals.”

Additional information about these funds can be found at BMO Global Asset Management’s new website:  HYPERLINK "http://www.bmogam.com" www.bmogam.com.  

The recently launched website provides a comprehensive look at the asset management, recordkeeping and trust and custody services available through the firm. 

The new portal incorporates multimedia presentations, such as videos, along with educational content, client surveys and insights directly from the portfolio managers and strategists at BMO.

About BMO Family of Funds

The BMO Funds are a global family of actively managed mutual funds. The firm’s 31 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., Pyrford International Ltd., Lloyd George Management and Taplin, Canida & Habacht, LLC.

Established in 1992, BMO Funds are advised by BMO Asset Management U.S. and offers Institutional and Investor 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 $549 billion CND total assets and more than 46,500 employees as of July 31, 2013.
 

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