BMO Financial Group has rolled out of a new series of shares of its existing six LifeStage Class Funds. Each of the funds transfers its asset mix from an emphasis on equity funds to an emphasis on fixed-income and cash equivalent funds annually.
The funds belong to a suite of mutual fund portfolios managed by BMO Investments. They look to offer growth in the early stages and turn more conservative over time.
Click here for the release from Marketwire.