News Releases
TORONTO, November 2, 2009 – Effective November 1, 2009, BMO Investments Inc. and Guardian Group of Funds Ltd. amalgamated to form a single legal entity. BMO Investments Inc. is now the manager and trustee of all BMO Guardian Funds and will continue to act as manager and trustee of the BMO Mutual Funds.
This change will allow the two fund families, BMO Mutual Funds and BMO Guardian Funds, to operate within a more streamlined organizational structure that will provide administrative and cost benefits.
BMO Guardian Funds
BMO Guardian Funds is a diversified family of funds and includes a broad
range of domestic and global investment options covering a full array
of asset classes, sectors, regions and specialized mandates. BMO
Guardian Funds are currently offered by Guardian Group of Funds Ltd.,
which is a member of BMO Financial Group and part of the organization's
Private Client Group.
BMO Mutual Funds
BMO Mutual Funds are offered by BMO Investments Inc., which 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 of $230 billion as at
July 31, 2009.
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