BMO Investments Inc. Announces Changes to its Mutual Fund Lineup

November 21, 2013

TORONTO, ONTARIO--(Marketwired - Nov 21, 2013) - BMO Investments Inc. (BMOII) today announced changes to its BMO Mutual Funds lineup.

Effective January 2014, Series F and Advisor Series of BMO Global Diversified Fund and Series A, Series F, Series I and Advisor Series of BMO Global Dividend Fund will distribute any net income and/or return of capital on a fixed monthly basis, rather than on a quarterly and annual basis, respectively. The changes, summarized in the table below, will provide customers with predictable and regular monthly cash flow.

Fund Name Previous Distribution Frequency New Distribution Frequency Series Impacted
BMO Global Diversified Fund Net income quarterly and any net capital gains in December Fixed amount per month Advisor and F
BMO Global Dividend Fund Net income and any net capital gains in December Fixed amount per month A, Advisor, F and I

As of November 4th, BMO Investments Inc. is now offering Series T6 on each of the BMO SelectTrust™ and BMO ETF Trust Portfolios. The newly launched Series T6 securities widen the range of cash flow investments available through BMO Mutual Funds and provide investors with predictable monthly cash flow. With the distribution rate set at the beginning of each year, these series make monthly distributions based on six per cent annually of the net asset value per security of the series; this amount will include some return of capital.

Effective after the close of business on November 21, 2013, the Series below will be capped and will no longer be offered for sale to new or existing investors.

BMO SelectTrust Security Portfolio Series T5 BMO SelectClass Security Portfolio Series T5
BMO SelectTrust Security Portfolio Series T8 BMO SelectClass Security Portfolio Series T8
BMO SelectTrust Security Portfolio Series F BMO SelectClass Balanced Portfolio Series T5
BMO SelectTrust Balanced Portfolio Series T5 BMO SelectClass Balanced Portfolio Series T8
BMO SelectTrust Balanced Portfolio Series T8 BMO SelectClass Growth Portfolio Series T5
BMO SelectTrust Equity Growth Portfolio Series T8 BMO SelectClass Growth Portfolio Series T8

Effective December 13, 2013, each of the following funds will offer Series NBA and Series NBF securities: BMO Bond Fund, BMO Asset Allocation Fund, BMO U.S. Equity Fund, BMO FundSelect® Balanced Portfolio, BMO FundSelect® Growth Portfolio and BMO FundSelect® Equity Growth Portfolio. Series NBA securities and Series NBF securities of the funds may be purchased through sales representatives of BMO Nesbitt Burns Inc.

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

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 individuals and institutions, 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 $526 billion as at July 31, 2013.

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.

BMO Mutual Funds, which include classes of shares of BMO Global Tax Advantage Funds Inc., are offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal.

®/ TM Registered trade-marks / trade-marks of Bank of Montreal, used under license.