News Releases

TORONTO, July 12, 2010 – BMO Investments Inc. today announced the launch of a new series of four mutual fund portfolios that invest primarily in exchange traded funds (ETFs), giving investors broader choice and greater access to the growing ETF market.

The new offering from BMO Mutual Funds consists of four strategically managed risk-differentiated portfolios. Each ETF mutual fund portfolio is a class of BMO Global Tax Advantage Funds Inc., a mutual fund corporation, which allows for switching among the other BMO Global Tax Advantage Funds without incurring a taxable event.

These portfolios complement two previously introduced tactical ETF mutual fund portfolios launched in May.
Available BMO Mutual Funds ETF Portfolios now include:

BMO Tactical ETF Mutual Fund Classes

• BMO Canadian Tactical ETF Class
• BMO Global Tactical ETF Class

BMO Strategic ETF Mutual Fund Portfolios

• BMO Security ETF Portfolio
• BMO Balanced ETF Portfolio
• BMO Growth ETF Portfolio
• BMO Aggressive Growth ETF Portfolio

“With the ever growing popularity of ETFs, BMO has been looking at ways to make this investment vehicle available to a wider range of clients, through products offered directly in our BMO branches. These new portfolios allow retail investment clients access to this market, in a mutual fund structure they are familiar with, simply by coming in and talking to an investment professional,” said Serge Pépin, Head of Investments at BMO Investments Inc. “Essentially, investors can now get professionally managed exposure to ETFs, through an all-in-one, solution.”

About BMO Investments Inc.

BMO Investments Inc. 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 of $254 billion as at April 30, 2010.

® Registered Trade-mark of Bank of Montreal, used under licence.

BMO Global Tax Advantage Funds are offered by BMO Investments Inc., a financial services firm and separate entity from Bank of Montreal. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The prospectus provides details on how these funds are structured to allow switches without realizing capital gains. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.