BMO Investments Inc. Launches Sustainable Portfolios to Support Responsible Investing
TORONTO, Sept. 14, 2020 /CNW/ - BMO Investments Inc. (BMOII) today launched the BMO Sustainable Portfolios, a new suite of solutions that invest in companies committed to positive environmental, social and governance (ESG) outcomes.
"We are excited to continue expanding our responsible investment offerings, and build off the success of our ESG ETFs and Sustainable Opportunities mutual funds," said Mark Raes, Head of Product, BMO Global Asset Management Canada. "We are proud of our 35-year history in responsible investing, and are firmly committed to advancing the ESG dialogue. These funds will provide Canadians with all-in-one solutions to align their investments with their values, while also achieving their investment goals."
These portfolios combine equity and fixed income ETFs designed to represent the performance of companies that have high ESG ratings relative to their peers, as well as actively managed mutual funds that can provide risk mitigation and the potential to outperform the market.
BMO Investments Inc.'s new portfolios include:
- BMO Sustainable Income Portfolio
- BMO Sustainable Conservative Portfolio
- BMO Sustainable Balanced Portfolio
- BMO Sustainable Growth Portfolio
For more information on the BMO Sustainable Portfolios, please visit bmo.com/sustainable.
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BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp., BMO Asset Management Limited and BMO's specialized investment management firms.
BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal.
Commissions, management fees and expenses all may be associated with investments in mutual funds. Trailing commissions may be associated with investments in certain series of securities of mutual funds. Please read the fund facts or simplified prospectus of the relevant mutual fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. For a summary of the risks of an investment in BMO Mutual Funds, please see the specific risks set out in the simplified prospectus.
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $974 billion as of July 31, 2020, and a team of diverse and highly engaged 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, BMO Wealth Management and BMO Capital Markets.
SOURCE BMO Financial Group
For further information: Media Contact: Colleen Hamilton, Toronto, Colleen.Hamilton@bmo.com, (416) 867-3996