BMO Investments Inc. Receives Unitholder Approval for Objective Changes to Certain Mutual Funds

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 07/16/13 -- BMO Investments Inc. received unitholder approval today to proceed with the investment objective changes to BMO Floating Rate Income Fund, BMO U.S. Dollar Equity Index Fund and BMO Global Science & Technology Fund announced on May 21, 2013.

The following investment objective changes have been approved:

As a result of the investment objective changes:

Additionally, the risk rating for the newly renamed BMO Global Dividend Fund's will change from medium-to-high to low-to-medium. Because the investment objectives and strategies of this fund are new, the risk rating is only an estimate by BMO Investments Inc.

All changes are expected to be effective on or about July 19, 2013.

About BMO Investments Inc.

BMO Investments Inc. is a member of BMO Financial Group and part of the organization's Private Client Group ("PCG"). PCG, BMO's group of wealth management businesses, serves a full range of client segments from mainstream to ultra-high net worth and institutional, with a broad offering of wealth management products and solutions including insurance products. PCG operates in both Canada and the United States, as well as in Asia and Europe and had total assets under management and administration of $522 billion as at April 30, 2013.

BMO Mutual Funds are offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the mutual fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.



Contacts:
Media contacts:
Amanda Robinson, Toronto
(416) 867-3996


Valerie Doucet, Montreal
(514) 877-8224


Laurie Grant, Vancouver

(604) 665-7596

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Bereitgestellt von Benutzer: Marketwired
Datum: 16.07.2013 - 21:41 Uhr
Sprache: Deutsch
News-ID 279014
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TORONTO, ONTARIO

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Commercial & Investment Banking

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