- BMO International Equity Fund and BMO Japan Fund provide
access/exposure to equity markets with different return drivers
than Canadian markets
- International markets can add value based on different
political, economic, and monetary stimulus
- International investing improves home-biased Canadian
portfolios, as they may be overly exposed to cyclical
resource-based investments
TORONTO, Aug. 17, 2017 /CNW/ - BMO Investments Inc.
(BMOII) has launched two new funds designed to help Canadian
investors diversify sector exposures and offset Canadian market
concentration by adding international exposure to their
portfolios.
BMO International Equity Fund: provides exposure to
international equity markets, which are expected to continue to
rebound based on accommodative monetary policy and lessening
political risks. International economies are more diversified by
sector and have limited exposure to resource companies compared to
Canada.
BMO Japan Fund: provides access to Japanese equity
markets, which are expected to benefit from stronger
export-stimulated economic growth. The Japanese economy has more
exposure to industrial and consumer companies and has limited
exposure to resource companies compared to Canada.
"Many Canadian investors have a large portion of their portfolio
invested in their home market, yet Canada represents only four per cent of global
equity markets," said Kevin Gopaul,
Head of BMO Global Asset Management Canada. "BMO International
Equity Fund and BMO Japan Fund help build better portfolios by
adding exposure to international markets that have different return
drivers than Canadian markets."
For more information, please visit
www.bmo.com/gam/ca/advisor/products/mutual-funds.
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BMO Mutual Funds are offered by BMO Investments Inc., a
financial services firm and separate entity from Bank of
Montreal.
BMO Global Asset Management is a brand name that comprises BMO
Asset Management Inc., BMO Investments Inc., BMO Asset Management
Corp. and BMO's specialized investment management firms.
Commissions, trailing commissions, management fees and expenses
may be associated with mutual fund investments. Please read the
fund facts or prospectus before investing. Mutual funds are not
guaranteed, their values change frequently and past performance may
not be repeated.
®"BMO (M-bar roundel symbol)" is a registered
trade-mark of Bank of Montreal,
used under licence.
Forward-Looking Statements
Certain statements included
in this news release constitute forward-looking statements,
including, but not limited to, those identified by the expressions
"expect", "intend", "will" and similar expressions. The
forward-looking statements are not historical facts but reflect
BMOII's current expectations regarding future results or events.
These forward-looking statements are subject to a number of risks
and uncertainties that could cause actual results or events to
differ materially from current expectations. Although BMOII
believes that the assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not
guarantees of future performance and, accordingly, readers are
cautioned not to place undue reliance on such statements due to the
inherent uncertainty therein. BMOII undertakes no obligation to
update publicly or otherwise revise any forward-looking statement
or information whether as a result of new information, future
events or other such factors which affect this information, except
as required by law.
About BMO Financial Group
Established in 1817, and
currently marking its 200th year of operations, BMO Financial Group
is a highly diversified financial services provider based in
North America. With total assets
of $719 billion as of April 30, 2017, and more than 45,000 employees,
BMO provides a broad range of personal and commercial banking,
wealth management and investment banking products and services to
more than 12 million customers and conducts business through three
operating groups: Personal and Commercial Banking, Wealth
Management and BMO Capital Markets.
SOURCE BMO Financial Group