News Releases

BMO Investments Inc. today announced that, at shareholders meetings held earlier today, it received approval to proceed with the merger of the BMO U.S. Equity Class Fund into the BMO Global Dividend Class Fund.

“As a result of this merger, shareholders of BMO U.S. Equity Class will now have the potential to achieve greater geographic and portfolio diversification by investing in dividend-paying equity securities of global issuers,” said Linda Knight, President and COO, BMO Investments Inc. “Investors are increasingly looking outside of North America for opportunities to participate in the stability and growth potential of large-cap blue chip firms,” said Knight. The investment objective of BMO Global Dividend Class is to achieve a high level of total return, including dividend income and capital gains, by investing in dividend-yielding common and preferred shares from around the world.

The merger will be effective on or about May 9, 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 $283 billion as at January 31, 2008.

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