Bank of Montreal, Toronto, added the JPMCB U.S. Analyst Fund as an investment option for its 401(k) plan in 2018, the bank disclosed in its 11-K filing with the SEC.
The J.P. Morgan Asset Management active domestic large-cap equity collective investment trust had $268 million in assets in the plan as of Dec. 31, according to the Tuesday filing.
Also during 2018, the plan removed the Ivy Investments Core Equity CIT, an active domestic large-cap equity fund managed by Ivy Investment Management. As of Dec. 31, 2017, the trust had $288 million in assets in the plan, according to the company's previous 11-K filing.
The reason for the change was not provided.
As of Dec. 31, the Employees' 401(k) Savings Plan of Bank of Montreal/Harris had $1.9 billion in assets, according to the new 11-K filing. The plan had 10 investment options and a target-date fund lineup managed by BlackRock as of that same date.
Patrick O'Herlihy, BMO Harris spokesman, could not be immediately reached to provide further information.