BMO diversified income fund was developed to ensure a fixed monthly revenue while preserving the worth of your investment. The Bank of Montreal Harris monthly fund invests in Canadian fixed-income securities, issued by the federal and regional governments and state corporations, as well as commercial shares, real estate, and royalty trusts. A share of up to 60% of BMO diversified income portfolio assets may be invested in securities of other mutual funds.
The benefits of the Fund are:
- fixed periodical revenue
- potential for capital growth
- moderate investment risk
- medium investment horizon
More information can be found at the link.