F&C brand goes as funds renamed ‘BMO’

Elite Rated F&C Global Smaller Companies Trust, F&C MM Navigator Distribution and F&C Real Estate Securities have all had a name change.

Following the integration of F&C into BMO Global Asset Management three years ago, the company has decided that, from 12 November 2018, all funds should carry the BMO brand name.

As such, F&C Global Smaller Companies has become BMO Global Smaller Companies, F&C MM Navigator Distribution has become BMO MM Navigator Distribution, and F&C Real Estate Securities has become BMO European Real Estate Securities.

Although the latter has had the word ‘European’ added, there is no change to the investment strategy of any of the funds: this particular fund has always invested in both UK and European property shares, and the company is simply trying to make this more obvious in the fund name.

Investors do not need to take any action. All it means is that the fund name will be different on all statements, marketing and fund literature going forward.

This article is provided for information only. The views of the author and any people quoted are their own and do not constitute financial advice. The content is not intended to be a personal recommendation to buy or sell any fund or trust, or to adopt a particular investment strategy. However, the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Past performance is not a reliable guide to future returns. Market and exchange-rate movements may cause the value of investments to go down as well as up. Yields will fluctuate and so income from investments is variable and not guaranteed. You may not get back the amount originally invested. Tax treatment depends of your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of any investment you should seek professional advice. Whilst FundCalibre provides product information, guidance and fund research we cannot know which of these products or funds, if any, are suitable for your particular circumstances and must leave that judgement to you. Before you make any investment decision, make sure you’re comfortable and fully understand the risks. Further information can be found on Elite Rated funds by simply clicking on the name highlighted in the article.