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BMO Global Asset Management Reduces Expenses for the BMO Pyrford International Stock Fund

CHICAGO, March 8, 2017 /CNW/ - BMO Global Asset Management (GAM) today announced the reduction of the total expense ratio cap for the BMO Pyrford International Stock Fund by five basis points across all share classes, effective March 1, 2017.

"After a review and analysis of our fund lineup, we have determined a reduced expense ratio for the BMO Pyrford International Stock Fund is in our investors' best interest," said Ben Jones, Managing Director of Intermediary Distribution for BMO Global Asset Management. "This fund has a solid track record of performance, and we are proud to make this decision in an effort to better serve our clients."

The BMO Pyrford International Stock Fund's expense ratio has been reduced as follows:

Share Class

I

A

Y

R3

R6

Ticker

MISNX

BPIAX

MISYX

BISDX

BISGX

New Expense Cap

0.94%

1.19%

1.19%

1.44%

0.79%

 

To learn more about the BMO Pyrford International Stock Fund, visit https://www.bmo.com/gam/funds/g/us/international/bmo-pyrford-international-stock-fund.

For more information on BMO Global Asset Management, visit https://www.bmo.com/gam or call 1-844-BMO-Fund (266-3863).

About BMO Global Asset Management

BMO Global Asset Management is a global investment manager with offices in more than 25 cities in 14 countries, delivering service excellence to clients across five continents.

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 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 CDN $692 billion as of January 31, 2017, and over 45,000 employees. BMO Wealth Management has worldwide assets under management of CDN $402 billion.

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).

All investments involve risk, including the loss of principal. 

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.
 

BMO Asset Management Corp. is the investment advisor to the BMO Funds.  BMO Investment Distributors, LLC is the distributor. Member FINRA/SIPC.

Media Contact:
Mark Beazley, mark.beazley@bmo.com, 416-867-3996

SOURCE BMO Financial Group

For further information: Media Contact: Mark Beazley, mark.beazley@bmo.com, 416-867-3996

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