BMO Investments has launched two high conviction BMO Mutual Funds that are intended to provide investors an opportunity to access growth in Canada and North America.
“High conviction portfolios – concentrated in fewer stocks than traditional funds – are increasingly in demand,” says Mark Raes, Head of Product Management Canada, BMO Global Asset Management. “We are committed to meeting the needs of advisors for their clients.”
BMOII has launched the following new funds – sub-advised by SIA Wealth Management Inc – which offer Series A, Series F, Series D, Series I, Advisor Series and ETF Series units. The offering of ETF Series units of the funds with tickers ZFC and ZFN, respectively, has closed and they are now trading on the Toronto Stock Exchange.
The BMO SIA Focused Canadian Equity Fund provides investors access to a concentrated portfolio of Canadian equities that are selected based on relative strength. The BMO SIA Focused North American Equity Fund, meanwhile, provides investors access to a concentrated portfolio of North American equities that are selected based on relative strength.