OREANDA-NEWS. BMO Investments Inc. today launched five new mutual funds, which are intended to provide investors an opportunity to access growth both domestically and globally.

"We continue to hear from our clients that they're looking to us to provide growth opportunities. Our new funds seek to do this, not only through identifying both current and potential strong market performers, but also by looking at untapped asset classes and geographies for global exposure," said Kevin Gopaul, Chief Investment Officer and Senior Vice President, BMO Asset Management Inc.

Mr. Gopaul continued, "Among these new additions to our lineup are innovative mutual funds that hold ETFs. We see value and efficiency in blending active and passive management; our goal is to remain a leader in this space."

The new funds include:

BMO Tactical Balanced ETF Fund: An actively managed fund of ETFs which uses a total return approach that adjusts opportunistically between asset classes, sectors and countries based on the current market environment.

BMO Tactical Global Bond ETF Fund: An actively managed fund of ETFs which invests in government and corporate bonds, adjusting the credit and maturity exposure based on opportunities in the market.

BMO Tactical Global Equity ETF Fund: Another actively managed fund of ETFs which invests in Canadian, U.S. and global equities based on the strongest performers relative to the rest of the market.

BMO Growth Opportunities Fund: A growth-oriented fund managed with high conviction to invest in key opportunities regardless of market capitalization or geography.

BMO Global Equity Fund: A fund that offers investors access to developed markets globally, with a focus on established companies that are well-managed and disciplined in earnings and cash flow growth, and are consistent with macro themes driving global equity markets.