Pyrford International Ltd is authorised and regulated by the Financial Conduct Authority, entered on the Financial Services Register under number 122137. In the USA Pyrford is registered as an investment adviser with the Securities and Exchange Commission. In Australia Pyrford is exempt from the requirement to hold a financial services license under the Corporations Act in respect of financial services it provides to wholesale investors in Australia. In Canada Pyrford is registered as a Portfolio Manager in Alberta, British Columbia, Manitoba, Ontario and Quebec. Pyrford is a wholly-owned subsidiary of BMO Financial Group, a company listed on the Toronto Stock Exchange (ticker BMO).
This communication is for information purposes. The information contained herein is not, and should not be construed as, investment, tax or legal advice to any party. Particular investments and/or trading strategies should be evaluated relative to the individual’s investment objectives and professional advice should be obtained with respect to any circumstance.
BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp., BMO Asset Management Limited and BMO’s specialized investment management firms.
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This document is made available by Pyrford to professional advisers and professional clients (in the UK), wholesale clients (in Australia) and accredited investors (in Canada) only. Unless specified to the contrary, within Switzerland and EU member states, this document is made available to professional advisers and professional clients by BMO Global Asset Management, a trading name of BMO Asset Management Ltd, which is authorised and regulated by the Financial Conduct Authority in the UK. In Hong Kong, this document is made available to professional clients by BMO Global Asset Management (Asia) Ltd, which is authorised and regulated by the Securities and Futures Commission. In the USA, this document is made available to institutional investors through BMO Asset Management Corp, an SEC-registered investment advisor.
This document is a marketing publication and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research. This publication is prepared for general information only. This material does not constitute investment advice and is not intended as an endorsement of any specific investment. The value of investments can fall as well as rise and an investor may receive less than the amount invested. The investments and strategies discussed here may not be suitable for all investors; if you have any doubts you should consult your investment adviser. Performance data shown in the document may not be in the base currency of the country where an investor is based. Actual returns may increase or decrease as a result of currency fluctuations. Although the information contained herein is believed to be reliable, Pyrford does not warrant its completeness or accuracy. All information provided in this document is for information purposes only and should not be deemed as a guide to investing. Pyrford does not guarantee that the views expressed will be valid beyond the date of the document. Past performance is not a guarantee of future results. Investments cannot be made in an index. Gold is subject to special risks associated with investing in precious metals, including prices being subject to wide fluctuations; a limited and unregulated market; and sources being concentrated in countries that have the potential for instability.
BMO Global Asset Management comprises BMO Asset Management Corp, BMO Asset Management Inc, BMO Global Asset Management (Asia) Limited, BMO Asset Management Ltd and BMO’s specialised investment boutiques: Pyrford International Limited, LGM Investments Limited, and Taplin, Canida & Habacht, LLC. BMO Global Asset Management is part of the BMO Financial Group, a service mark of Bank of Montreal (BMO). Certain products and services offered under the brand name of BMO Global Asset Management are designed specifically for various categories of investors in a number of different countries and regions. These products and services are only offered to such investors in those countries and regions in accordance with applicable laws and regulations.
Investment products and services are: NOT FDIC INSURED — NOT BANK GUARANTEED — NOT A DEPOSIT — MAY LOSE VALUE.