News Releases

CHICAGO, ILLINOIS--(Marketwired - Aug. 2, 2016) - BMO Global Asset Management (BMO GAM) today announced expanded availability of the BMO Employee Benefit Stable Principal Fund as the company broadens its reach in the Defined Contribution Investment Only (DCIO) channel. As part of this initiative, this collective trust has been renamed the BMO Stable Value Fund.

The BMO Stable Value Fund is now available to outside recordkeepers and other 401(k) providers. The Fund is now accessible through the National Securities Clearing Corporation (NSCC), which offers automated trading capabilities. Prior to this change, the collective trust was available only to plan sponsors that had an existing relationship with BMO Harris Bank N.A.

"As a global investment solutions provider, we are constantly striving to meet the changing needs of our clients," said Christopher Barlow, National Director of Defined Contribution Investments for BMO Global Asset Management. "This change is designed to meet the needs of more and more plan sponsors as they continue to look for easily accessible products that can provide more yield than a traditional money market fund."

Barlow added, "The BMO Stable Value Fund provides those plan sponsors with an attractive alternative for the growing number of plan participants who are looking for conservative investments. It also demonstrates our sustained commitment to our Stable Value and Defined Contribution Investment business."

The objective of the Fund is to maintain safety of principal while generating a level of income generally exceeding that of a money market fund. The Fund seeks to maintain a stable $1.00 net asset value, although this is not guaranteed.

Tenured portfolio managers Don McConnell and Katie DellaMaria continue to manage this strategy using a conservative investment approach to select the underlying securities.

The BMO Stable Value Fund adds a collective trust option to BMO GAM's suite of 45 mutual funds available to U.S. investors. This Fund is in addition to the existing family of money market funds, which includes the recently launched BMO Institutional Prime Money Market Fund as well as the BMO Prime Money Market Fund, BMO Tax-Free Money Market Fund and BMO Government Money Market Fund.

For more information about BMO Global Asset Management and the new fund, please visit: www.bmogam.com.

About BMO Global Asset Management

BMO Global Asset Management is a global investment manager with offices in 24 cities located in 14 countries, delivering service excellence to clients across five continents. As of June 30, 2016, BMO Global Asset Management had US$233 billion in assets under management including discretionary and nondiscretionary assets.

Our four major investment centers in Toronto, Chicago, London and Hong Kong are complemented by a network of world-class boutique managers strategically located across the globe: BMO Real Estate Partners, LGM Investments, Monegy, Inc., Pyrford International Ltd., and Taplin, Canida & Habacht, LLC. BMO Global Asset Management has operations throughout North America and Europe, as well as in Abu Dhabi, Hong Kong, Melbourne and Sydney and is a signatory of the United Nations-supported Principles for Responsible Investment initiative (UNPRI).

BMO Global Asset Management is a part of BMO Financial Group, a highly diversified financial services provider based in North America with total assets of US$543 billion as of April 30, 2016, and over 45,000 employees.

Disclosures

Investors should carefully consider the investment objectives, risks, charges and expenses of the BMO Funds. This and other important information is contained in the prospectuses and/or summary prospectuses, which can be obtained by calling 1-800-236-3863. Please read carefully before investing.

All investments involve risk, including the possible loss of principal.

BMO Global Asset Management is the brand name for various affiliated entities of BMO Financial Group that provide investment management and trust and custody services. Certain of the products and services offered under the brand name BMO Global Asset Management are designed specifically for various categories of investors in a number of different countries and regions and may not be available to all investors. Products and services are only offered to such investors in those countries and regions in accordance with applicable laws and regulations. BMO Financial Group is a service mark of Bank of Montreal (BMO).

BMO Asset Management U.S. consists of BMO Asset Management Corp.

BMO Global Asset Management is the brand name for BMO Investment Distributors, LLC. BMO Asset Management Corp. is the investment adviser to the BMO Funds.

BMO Funds are not marketed or sold outside of the United States.

Investment products are: Not FDIC Insured / No Bank Guarantee / May Lose Value

©2016 BMO Financial Corp.