BMO Investments Inc. finalizes amalgamation with Guardian Group of Funds Ltd.

• Press Release
• Source: BMO Bank of Montreal; BMO Financial Group
• On 9:00 am EST, Monday November 2, 2009

TORONTO, Nov. 2 /CNW/ - Effective November 1, 2009, BMO Investments Inc. and Guardian Group of Funds Ltd. amalgamated to form a single legal entity. BMO Investments Inc. is now the manager and trustee of all BMO Guardian Funds and will continue to act as manager and trustee of the BMO Mutual Funds.

This change will allow the two fund families, BMO Mutual Funds and BMO Guardian Funds, to operate within a more streamlined organizational structure that will provide administrative and cost benefits.

BMO Guardian Funds

BMO Guardian Funds is a diversified family of funds and includes a broad range of domestic and global investment options covering a full array of asset classes, sectors, regions and specialized mandates. BMO Guardian Funds are currently offered by Guardian Group of Funds Ltd., which is a member of BMO Financial Group and part of the organization's Private Client Group.

BMO Mutual Funds

BMO Mutual Funds are offered by BMO Investments Inc., which is a member of the BMO Financial Group and part of the organization's Private Client Group. The Private Client Group provides integrated wealth management services in Canada and the United States and had total assets under management and administration of $230 billion as at July 31, 2009.

For further information

Media Contacts: Kasia Lech, Toronto, kasia.lech@bmo.com, (416) 867-3996
Ronald Monet, Montréal, ronald.monet@bmo.com, (514) 877-1873
Laurie Grant, Vancouver, laurie.grant@bmo.com, (604) 665-7596
Internet: www.bmo.com

Buzz up!