Ten BMO mutual funds and ETFs awarded FundGrade A+ Rating for 2013
TORONTO, ONTARIO--(Marketwired - Jan. 24, 2014) - Ten BMO investment funds have been honoured at the Fundata FundGrade A+ Awards, held on January 22, 2014, in Toronto.
Fundata Canada Inc. is a leading data provider which distributes fund and stock information in Canada. Their annual awards recognize consistent top performance - with risk-adjusted returns - in a calendar year.
The following BMO investment funds achieved Fundata's coveted A+ rating:
- BMO Global Energy Class
- BMO Enterprise Fund
- BMO European Fund
- BMO International Value Class
- BMO Global Infrastructure Index ETF (ZGI)
- BMO Junior Oil Index ETF (ZJO)
- BMO Long Corporate Bond Index ETF (ZLC)
- BMO Mid Corporate Bond Index ETF (ZCM)
- BMO Short Corporate Bond Index ETF (ZCS)
- BMO Real Return Bond Index ETF (ZRR)
"We're honoured to have so many of our mutual funds and ETFs recognized by Fundata," said Kevin Gopaul, Senior Vice President & Chief Investment Officer, BMO Global Asset Management. "This validates our commitment to developing products that have strong and stable performance. We look forward to continuing to roll out innovative active and passive investing strategies that address key investor needs."
Mr. Gopaul added that BMO had more funds with A+ designations than any of the other big 5 banks.
For more information on the Fundata FundGrade A+ Awards, please visit www.fundgradeawards.com.
For more information on investing at BMO, please visit: www.bmo.com/investments.
Get the latest BMO press releases via Twitter by following @BMOmedia.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $537 billion as at October 31, 2013, and more than 45,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.
BMO Mutual Funds and BMO Guardian Funds are offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal.
BMO ETFs are managed and administered by BMO Asset Management, a portfolio manager and investment fund manager and separate legal entity from Bank of Montreal.
Commissions, trailing commissions, management fees and expenses all may be associated with investments in mutual funds or investments in exchange traded funds. Please read the appropriate mutual fund or exchange traded fund prospectus before investing. Mutual funds and exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated.
Amanda Robinson, Toronto
Valerie Doucet, Montreal
Laurie Grant, Vancouver