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.

The views of the author and any people interviewed are their own and do not constitute financial advice. 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. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.