BMO expands mutual fund lineup

Toronto-based BMO Investments Inc. has expanded its mutual fund lineup with the introduction of six new funds.

Three are equities-focused: the BMO Sustainable Opportunities Canadian Equity Fund (an all-cap portfolio of high-growth, sustainability-focused companies), the BMO Low Volatility U.S. Equity ETF Fund (weighted toward defensive sectors) and the BMO Target Education 2040 Portfolio, which builds on a “suite of education-savings mutual funds,” a release said.

The other three funds — the BMO USD Income ETF Portfolio, the BMO USD Conservative ETF Portfolio and the BMO USD Balanced ETF Portfolio — are U.S.-dollar versions of BMO ETF Portfolios.

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