BMO Investments Inc. to Offer Series I Securities for Certain BMO Mutual Funds
BMO Investments Inc., the manager of BMO Mutual Funds, today announced that, subject to regulatory approval, certain BMO Mutual Funds will offer, for distribution, Series I units or Series I shares, as applicable, in addition to the series the funds currently offer.
Series I securities will be available only to institutional investors. BMO Investments Inc. expects these funds will be qualified for distributing Series I securities on or about January 28, 2008.
About BMO Investments Inc.
BMO Investments Inc. 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 and term investments of $275 billion as at October 31, 2007
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