BMO Financial Group
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BMO Financial Group

September 01, 2015 11:00 ET

BMO Investments Inc. Announces Changes to its Mutual Fund Line-Up

TORONTO, ONTARIO--(Marketwired - Sept. 1, 2015) - BMO Investments Inc. today announced changes to its mutual fund line-up.

Effective as of today's date, BMO Investments Inc. will no longer accept purchase orders for Series I securities of each of BMO SelectClass® Income Portfolio, BMO SelectClass® Balanced Portfolio, BMO SelectClass® Growth Portfolio, BMO SelectClass® Equity Growth Portfolio, BMO Canadian Tactical ETF Class and BMO Global Tactical ETF Class (collectively, the "Series I"). In addition, effective November 13, 2015 (the "Termination Date"), BMO Investments Inc. will terminate each of these series.

Also, effective on the Termination Date, BMO Investments Inc. will terminate Series T5 of each of BMO SelectTrust Conservative Portfolio, BMO SelectTrust Growth Portfolio, BMO SelectTrust Equity Growth, BMO SelectClass® Growth Portfolio and BMO SelectClass® Equity Growth Portfolio (collectively the "Series T5"), and Series T8 of each of BMO SelectTrust Growth Portfolio, BMO SelectTrust Equity Growth Portfolio and BMO SelectClass® Growth Portfolio (collectively the "Series T8").

In light of the changes described above, investors holding Series I, Series T5 and Series T8 securities have several options. Investors may continue to hold Series I, Series T5 and Series T8 securities until the Termination Date. If they do so, those securities will be redeemed entirely on the Termination Date and they will be paid the proceeds. Investors may also switch their Series I, Series T5 and Series T8 securities - if they are qualified - for securities of another BMO Mutual Fund, or redeem their securities entirely and receive the redemption proceeds in the normal course.

BMO Investments Inc. encourages investors holding Series I, Series T5 and Series T8 securities to contact their investment advisor to determine the option that best meets their individual investment needs and circumstances.

For more information on BMO Mutual Funds, please visit www.bmo.com/mutualfunds.

BMO Mutual Funds are offered by BMO Investments Inc., a financial services firm and separate entity from the Bank of Montreal. BMO Tax Advantage Funds are series classes of BMO Global Tax Advantage Funds Inc., a separate entity managed by BMO Investments Inc. For details on how these funds are structured to allow transfers without the realization of capital gains. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments and the use of an asset allocation service. Please read the prospectus of the mutual funds in which investment may be made before investing, including mutual fund investments under an asset allocation service. Mutual funds are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

® / TM Registered trade-mark / trade-mark of Bank of Montreal, used under licence.

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