New series gives investors more options
The funds will be available in Series A, Series F, Series D, Series I and Advisor Series securities
The risk rating reductions affect BMO Private Canadian Special Equity Portfolio, BMO Private Diversified Yield Portfolio and BMO Private U.S. Special Equity Portfolio
F&C Management named subadvisor to four mutual funds
The low-load DSC option will continue to be available, and investors with existing standard DSC purchase option holdings will remain invested based on their mutual funds' redemption fee schedule
Risk rating changes announced for certain funds
The changes include management fee reductions and an increase to the minimum initial investment
BMO International Equity Fund and BMO Japan Fund have different return drivers than Canadian markets
The fund will no longer receive additional investments, including purchases via regular investment savings plans
The firm has added series F to several funds and has cut management fees by up to 45 bps