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BMO Investments Inc. Expands Choice in Mutual Fund Lineup to Address Needs of Investors

Certain U.S. dollar funds now available for purchase in Canadian dollars; Series T6 tax-efficiency option added to recently launched SelectTrust(TM) Portfolios and trust versions of ETF Portfolios

TORONTO, ONTARIO--(Marketwired - Sept. 3, 2013) - To serve the needs of investors better, BMO Investments Inc. (BMOII) today announced additions to the BMO Mutual Funds lineup.

Effective September 18, 2013, investors of BMO U.S. Dollar Dividend Fund (Advisor Series, Series F and Series I), BMO U.S. Dollar Balanced Fund (Advisor Series, Series F and Series I) and BMO U.S. Dollar Monthly Income Fund (Advisor Series and Series F) will have the option to purchase units of these funds in Canadian dollars in addition to the currently offered U.S. dollar purchase option. This additional purchase option provides investors with more opportunities to access the U.S. portfolios.

Effective November 4, 2013, each of the BMO ETF Portfolio trusts and BMO SelectTrust™ Portfolios will offer Series T6 securities. The new Series T6 option for these funds are designed to provide tax efficiencies through the deferral of taxes and also offer a predictable cash flow stream with the distribution rate set at the beginning of each year. These series will make monthly distributions based on six per cent annually of the net asset value per security of the series; this amount would include return of capital. Series T6 also widens the range of cash-flow investments available through BMO Mutual Funds.

In addition, the risk rating for BMO Floating Rate Income Fund will change from "medium" to "low-to-medium", effective immediately. The risk rating is being changed to align better with the fund's risk level given the recent changes to the fund's investment objectives and the investment style of the portfolio manager, Monegy, Inc.

For more information on BMO Mutual Funds, please visit www.bmo.com/mutualfunds.

About BMO Investments Inc.

BMO Investments Inc. is a member of BMO Financial Group and part of the organization's Private Client Group (PCG). PCG, BMO's group of wealth management businesses, serves a full range of client segments from mainstream to ultra-high net worth individuals and institutions, 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 $526 billion as at July 31, 2013.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the mutual fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

BMO Mutual Funds, which include classes of shares of BMO Global Tax Advantage Funds Inc., are offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal.

For further information:
Media contacts:
Amanda Robinson, Toronto
(416) 867-3996
amanda.robinson@bmo.com

Valerie Doucet, Montreal
(514) 877-8224
valerie.doucet@bmo.com