- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 790 N. Water Street Milwaukee WI United States of America 53202
- IPO Date
- Jan 2, 2019
- Business
- BMO Large-Cap Growth Fund Class R6 (BLGRX) is an open-end mutual fund that seeks capital appreciation by investing at least 80% of its net assets in common stocks of large-sized U.S. companies, defined as those similar in market capitalization at the time of purchase to companies within the Russell 1000 Growth Index; the fund may also engage in securities lending and invest up to 20% in other securities including preferred stocks, convertible securities, warrants, cash equivalents, and foreign securities. Managed by BMO Asset Management Corp., located at 115 S. LaSalle Street, 11th Floor, Chicago, IL 60603, the fund targets institutional and high-net-worth investors through its R6 share class, which features a low expense ratio and is part of BMO Funds, Inc., a registered investment company established under BMO Financial Group. As of recent data, the fund maintains net assets of approximately $0.55 billion, with portfolio managers employing a disciplined investment process focused on growth-oriented large-cap equities.
The fund's core offerings include equity securities of U.S. large-cap growth companies across sectors such as technology, consumer discretionary, and healthcare; it emphasizes stocks exhibiting strong earnings growth potential, attractive valuations, and positive momentum, benchmarked against the Russell 1000 Growth Index. Holdings typically feature high-conviction positions in leading U.S. firms, with the portfolio turnover managed to balance growth pursuit and tax efficiency. Geographically, operations are centered in the United States, serving investors through brokerage platforms, financial advisors, and retirement plans nationwide.
In recent developments, BMO Funds announced portfolio manager changes across certain mutual funds effective January 30, 2026, though BLGRX was not specifically listed; the broader BMO organization has pursued strategic expansions in sponsor finance and capital markets, including partnerships for fund financings and refinancing deals like that for Cooper Machinery Services in 2025. No fund-specific acquisitions, mergers, or product launches for BLGRX were reported in 2024 or 2025, maintaining its focus on large-cap U.S. growth equities amid market volatility; performance metrics as of mid-2025 show trailing 1-year returns around 8-18% with a beta of approximately 0.98 relative to its benchmark. The fund continues under BMO Asset Management Corp.'s oversight, with historical co-managers including Jason Hans, Daniel Sido, and Ernesto Ramos.