News Releases
TORONTO, December 2, 2005 — Guardian Group of Funds Ltd. (GGOF) today released estimates for year-end capital gain distributions for units of its funds. These estimates are provided to help investors and their financial advisors in formulating effective tax planning for fund units held outside registered retirement plans.
Distribution estimates are based on information currently available and are only an approximation. Actual distributions may differ significantly from the estimated distribution amounts for several reasons, including any significant gains or losses incurred by a fund through the subsequent disposition of securities or if there are significant market movements. The fact that GGOF has provided a distribution estimate for a fund does not guarantee that the fund will pay a year-end distribution. Funds or classes not mentioned below are not anticipated to make capital gain distributions in 2005, although this could change if there are significant changes in the factors determining distributions before the distribution date.
GGOF intends to pay capital gain distributions for its funds on December 20, 2005, with the exception of GGOF Canadian Growth Fund Ltd., which will make its distributions on December 29, 2005. The following estimates are per unit and do not include regular monthly distributions or capital gains previously distributed. The actual distributions are likely to be different.
| Fund | Estimate |
| GGOF Asian Growth and Income Fund (Mutual) | $0.132906 |
| GGOF Asian Growth and Income Fund (F Class) | 0.132906 |
| GGOF Canadian Bond Fund (Classic) | 0.031969 |
| GGOF Canadian Bond Fund (Mutual) | 0.031969 |
| GGOF Canadian Bond Fund (F Class) | 0.031969 |
| GGOF Canadian Diversified Monthly Income Fund (Mutual) | 0.103514 |
| GGOF Canadian Diversified Monthly Income Fund (F Class) | 0.103514 |
| GGOF Canadian Diversified Monthly Income Fund (I Class) | 0.103514 |
| GGOF Canadian Growth Fund Ltd. (Mutual) | 0.542142 |
| GGOF Canadian Growth Fund Ltd. (F Class) | 0.542142 |
| GGOF Canadian High Yield Bond Fund (Mutual) | 0.301997 |
| GGOF Canadian High Yield Bond Fund (F Class) | 0.301997 |
| GGOF Canadian High Yield Bond Fund (I Class) | 0.301997 |
| GGOF Monthly High Income Fund (Classic) | 0.694559 |
| GGOF Monthly High Income Fund (Mutual) | 0.694559 |
| GGOF Monthly High Income Fund (F Class) | 0.694559 |
| GGOF Resource Fund (Mutual) | 0.080429 |
| GGOF Resource Fund (F Class) | 0.080429 |
GGOF provides investors with a full product line of 29 mutual funds, diversified by asset class, geographic region and investment style. GGOF, with $5.5 billion of mutual fund assets under management at November 30, 2005, offers its funds exclusively through financial intermediaries.
GGOF is a member of 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 and term investments of $255.9 billion as at October 31, 2005.
Sales commissions, service fees, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
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