BMO Investments Inc. Announces Portfolio Management Change

TORONTO, April 18 /CNW/ - BMO Investments Inc. announced today that the portfolio managers for BMO Asset Allocation Fund (the "Fund") have changed.

Effective on or about April 15th, 2011, Harris Investment Management, Inc. and Martin Currie Inc. will no longer act as portfolio managers of the foreign securities equity component of the Fund.  BMO Asset Management Inc. will assume this responsibility.  As a result, on the effective date of the change, BMO Asset Management Inc. will be the sole portfolio manager of the Fund.  There will be no changes to the Fund's investment objectives or strategies as a result of the change. 

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 $250 billion as at January 31, 2010.

SOURCE BMO Investments Inc.

For further information:

For all news media enquiries please contact: Kasia Lech, Toronto, kasia.lech@bmo.com, (416) 867-3996 Sarah Bensadoun, Montreal, sarah.bensadoun@bmo.com, (514) 877-8224

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BMO Investments Inc.

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