We’ve been part of BMO since 2014, and later this year we’re officially changing our name.
You’ll be in good company
Founded over 200 years ago as Bank of Montreal, today BMO is the 8th largest bank (by assets) in North America, and provides a broad range of financial products to over 12 million customers worldwide.
The same great service, and more
Just like F&C, BMO is focused on providing customers with a market leading experience, and being part of a larger global business means that we’ll be able to bring you even more routes to investment success.
You don’t need to do anything
Later this year you’ll start to hear from us as BMO – you don’t need to do anything. You’ll remain invested in exactly the same investments, speak to the same teams, and there are no changes to your accounts.
We’ll keep you updated as we make the change, to ensure it is as seamless as possible – if you have any further questions about this or your investment(s) you can contact us on 0800 369 8562.
Here are some answers to questions you may have about the name change.
What date will the name change?
Our ambition is to complete the transition to BMO by the end of 2018.
Why change to BMO?
Our customers are increasingly looking for strong global investment solution providers. Our goal is to provide effortless access to investments and having the majority of our investment capabilities under a single brand helps us to provide that as well as simplify the way we communicate.
BMO has a long, proud history and very strong brand in North America and one that we have started to build here in Europe over the past three years. Under the BMO name we will continue with our ambitious plans to expand our business, and ensuring it is centred around our customers.
Why are the changes happening now?
The investment we have already made in the business and the BMO brand in Europe over the past four years has provided us with a solid platform to move towards our simplified brand ambition. It’s a logical step for BMO, as we look to continue our growth in the UK, Europe, and globally.
What is happening with the individual investment trust names?
Whilst we see the benefit of ensuring individual trust names align with the name of the savings plan accounts, ultimately, any decision to change the name of a specific trust is one for each of the independent investment trust Boards to make at the appropriate time.
Are all investment trusts aligning to the BMO brand?
We continue to have ongoing dialogue with each of the investment trust Boards in relation to the changes. The Boards understand our ambition to align to a global brand, including changing the name of the savings plan accounts in which they are offered. However, any decision to change the name of a specific trust is one for each of the independent Boards to make at the appropriate time.