Skip navigation

    Invalid ZIP Code

     

    The ZIP code entered " " is not recognized.
    Please enter a valid ZIP code.

     

    Okay

    News Releases


    Harris Private Bank Launches New Diversified Income Strategy

    Harris Private Bank Launches New D iversified Income Strategy
    Provides reliable income source with potential for asset growth

    CHICAGO, June 19, 2007 – Harris Private Bank is pleased to announce the launch of a unique investment vehicle that provides an additional source of income to investors with the potential to simultaneously grow assets, all while maintaining risk parameters that are usually seen in products with a capital preservation mandate.

    "We've created a new investment opportunity that offers the security of a blended basket with the income of a bond portfolio and the potential for asset growth," said Jack Ablin, chief investment officer, Harris Private Bank. "It is very exciting to be the first in our industry to bring this offer to our clients."

    Using proprietary analysis and market insight, the Diversified Income Strategy uses a diversified blend of securities with low correlations to each other to provide both income and the potential for asset growth. It was developed for high net worth individuals and is available only through Harris Private Bank.

    About Harris
    Harris Private Bank is part of Harris, an integrated financial service organization providing more than 1 million personal, business and corporate clients with banking, lending, investing and wealth management solutions. The organization is a member of the BMO Financial Group (NYSE, TSX: BMO), which also provides corporate and investment banking services in the U.S. under the BMO Capital Markets name.

    Harris® is a trade name used by various financial service subsidiaries of Harris Financial Corp. Banking products and services are provided by Harris N.A., The Harris Bank, N.A. and their bank affiliates.



    For further information:

    CONTACTS:
    Laura Hunter(312) 461-6970