TORONTO, ONTARIO--(Marketwire - Feb 27, 2013) - BMO Investments Inc. today announced that BMO Guardian Enterprise Fund (the "Fund") will be capped and will no longer be offered for sale to new or existing investors after the close of business on March 28, 2013.
BMO Investments Inc. believes it is in the best interests of investors to close the Fund to new purchases due to capacity and liquidity constraints associated with the portfolio manager''s small cap strategy.
For investors considering investing in a small cap fund, BMO Investments Inc. offers several additional options including BMO Guardian Global Small Cap Fund and BMO Special Equity Fund. Please contact your investment advisor for further details.
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 $479 billion as at January 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 Guardian Funds and BMO Mutual Funds are offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal.