News Releases

TORONTO, ONTARIO--(Marketwire - Aug. 16, 2012) - BMO Investments Inc. today announced that Guardian Capital LP will be appointed portfolio manager for BMO Global Dividend Class, a class of shares of BMO Global Tax Advantage Funds Inc.

Effective on or about September 21, 2012, Guardian Capital LP (GCLP) will replace the current manager, Kleinwort Benson Investors Dublin Limited, and will assume all portfolio management duties in relation to the fund. Guardian Capital LP applies a differentiated process that is based on a market-oriented, bottom-up, sector neutral approach to selecting the best securities, regardless of geography. The investment strategies of BMO Global Dividend Class will be revised to reflect Guardian Capital LP's approach and fundamental investment style, which is to seek long-term returns consisting of stable, sustainable dividend growth and steady income.

"We are very excited to introduce a mutual fund version of GCLP's proven and highly popular Global Dividend mandate to both advisors and investors," said Steven Shepherd, Senior Manager and Vice-President, Equity Strategies of BMO Investments Inc.

About BMO Investments Inc.

BMO Investments Inc. is a member of BMO Financial Group and part of the organization's Private Client Group (PCG). BMO's group of wealth management businesses, PCG, serves a full range of client segments from mainstream to ultra-high net worth and institutional, with a broad offering of wealth management products and solutions including insurance products. PCG operates in both Canada and the United States, as well as in Asia and Europe, and had total assets under management and administration of $445 billion as at April 30, 2012.