BMO Investments Inc. Announces Proposed Changes to BMO Emerging Markets Class (the “Fund”)
TORONTO, November 6,
2009 – As a result of a proposed fund merger involving
its current underlying fund, it is expected that, on or about November
27, 2009, the underlying fund to the Fund will become BMO Emerging
Markets Fund. The investment objective of the Fund is to provide
long-term capital appreciation. Currently, the Fund seeks a similar
return to BMO Guardian Emerging Markets Fund by investing primarily
in units of that fund. On the effective date of the merger, the Fund
will seek a similar return to BMO Emerging Markets Fund by investing
primarily in units of that fund.
The anticipated merger of BMO Guardian Emerging Markets Fund into BMO
Emerging Markets Fund will occur on or about November 27, 2009 pending
securityholder and regulatory approval. Securityholder approval is being
sought at a special meeting to be held on or about November 10, 2009.
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 of
$230 billion as at July 31, 2009.
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