Marshall Funds announces rebranding of 20 funds

By Toni Weeks

San Diego, Nov. 4 - The board of directors of Marshall Funds, Inc. approved changes to some of its funds on Nov. 2, according to a 497K filing with the Securities and Exchange Commission.

Specifically, the names of 20 funds will have "Marshall" deleted and replaced with "BMO". The rebranding will be effective Dec. 29 and is consistent with other actions taken by the Bank of Montreal to consolidate its brand in the United States, including rebranding Harris NA and M&I Marshall & Ilsley Bank as BMO Harris Bank NA.

Furthermore, the board approved a new subadvisory agreement concerning the Marshall Emerging Markets Equity Fund between M&I Investment Management Corp. and Lloyd George Management (Hong Kong) Ltd. to replace Trilogy Global Advisors. If approved by shareholders on record Nov. 15, the agreement will go into effect Dec. 29, and the fund's name will change to BMO Lloyd George Emerging Markets Equity Fund.

In addition, the board approved the liquidation of Marshall International Stock Fund, subject to shareholder approval. If approved, the fund will be liquidated Dec. 29. Investors may continue to purchase and redeem shares until the date of liquidation.

The board also approved the conversion of the Marshall Prime Money Market Fund's advisor class shares into the investor class shares, effective Dec. 15. After that date, the fund will offer only investor and institutional shares.

The funds are currently managed by Milwaukee-based M&I Investment Management Corp.

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