BMO Harris Investment Management Inc.
today said it has broadened the mandate of the BMO Harris Diversified Trust Portfolio.
The investment management arm of BMO Harris Private Banking said the investment objective and name of the fund, established in November 2002, have been changed to reflect a
broader income-focused strategy.
Effective today, the name of the fund has been changed to the BMO Harris Diversified Yield Portfolio.
“The new investment objective of this portfolio is to provide income by
investing primarily in a diversified portfolio of Canadian securities. This is broader than the fund’s prior mandate, which was focused on investments that are structured as income trusts,” the firm said in a press release.
BMO Harris broadens mandate of fund
New approach and name for BMO Harris Diversified Trust Portfolio
- By: IE Staff
- September 18, 2007 September 18, 2007
- 09:56