BMO Investments Inc. receives approval to make changes to its mutual fund line-up
Two funds will see their investment objectives and names changed on April 30
- By: IE Staff
- April 27, 2007 April 27, 2007
- 11:16
Two funds will see their investment objectives and names changed on April 30
At the closing, the fund issued eight million units for total gross proceeds of $80 Million
Seven equity funds gain more flexibility
Expansion of global reach and long-term capital protection are key objectives
Selection Profile Note, Series 1
New limits result from change to legislation
Trailer fees increase for new sales of back-end load mutual funds
Fund invested as part of Kensington’s 2007 private equity program
Accident protection option now available before policy term expires
Deposit notes issued by Bank of Montreal
Managers Morton and Ng provide new international opportunities for investors
Also introduces new small-mid cap fund
T-FLEX series features three target annual distribution levels of 4%, 6% and 8%
SunWise Elite Plus offers a guaranteed minimum withdrawal benefit
Accounts offer enhanced access to ATMs, free banking for students & seniors
New risk-targeted wraps offer investors access to unique sectors
Offering raises $92.25 million, in total
Change lowers costs, increases transparency for investors
Ratelle joins firm as investment strategist
Advisor class units available
The changes will take effect on or about the close of business on April 20
Mortgage-Backed Securities Trust and MBS Adjustable Rate Income Fund have approved their merger with Sentry Select MBS Adjustable Rate Income Fund II
Investors to receive regular monthly cash flow potential and tax deferral with principal protection at maturity