TORONTO, ONTARIO -- (Marketwired) -- 09/26/14 -- BMO Investments Inc. (BMOII) today announced portfolio management changes to two of its mutual funds.
Effective on or about January 9, 2015, Monegy, Inc. will become the portfolio manager for BMO High Yield Bond Fund, and effective on or about January 9, 2015, F&C Management Limited (F&C) will become the sub-advisor for BMO European Fund.
The investment strategies of both funds will be changed to reflect the respective investment styles of Monegy and F&C.
"Monegy and F&C are both leading investment management firms with proven track records and we believe these changes to be in the best interest of investors," said Mark Raes, Head of Product, BMO Investments Inc.
For more information on BMO Mutual Funds please visit www.bmo.com/mutualfunds.
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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.
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.
Contacts:
Media Contacts:
Amanda Robinson, Toronto
416-867-3996
amanda.robinson@bmo.com
Valerie Doucet, Montreal
416-867-8224
valerie.doucet@bmo.com
