BMO offers 5 new mutual funds

By Staff | August 12, 2013 | Last updated on August 12, 2013
1 min read

BMO Investments has launched five mutual funds that focus on the needs of income-focused investors.

The funds protect against interest rate volatility, says Kevin Gopaul, CIO of BMO Asset Management.

The funds are:

  • BMO Preferred Share Fund, which is designed for those who want to invest in high-demand, tax-efficient asset classes. Returns are generated from equities and fixed income.
  • BMO Tactical Dividend ETF Fund, which is an actively managed fund that uses a Canadian core and global active allocation strategy. Larry Berman of BNN is the manager.
  • BMO U.S. Dollar Dividend Fund, which must be purchased in U.S. dollars. BMO says it offers greater yields than those offered by debt markets, and it also has equity growth opportunities.
  • BMO U.S. Dollar Balanced Fund, a fund that must also be purchased in U.S. dollars.
  • BMO Emerging Markets Bond Fund, which taps into emerging market fixed-income sectors.


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