GGOF Asian Growth and Income Fund Wins Lipper Award



    TORONTO, March 30 /CNW/ - At a ceremony in Toronto Wednesday evening,
GGOF Asian Growth and Income Fund received a Lipper Award in the Global
Balanced - Equity Focus category.
    The Lipper Fund Awards program highlights funds that have excelled in
delivering consistently strong risk-adjusted performance, relative to peers.
Awards are presented to funds in 21 countries in Asia, Europe, and the United
States.
    "GGOF is honoured to receive this prestigious award," said Ross Kappele,
President, GGOF. "It's a great recognition of the results the fund has
delivered to investors over the past three years."
    GGOF Asian Growth and Income Fund provides investors with long-term
capital growth and moderate income. The fund holds 40 to 75 dividend-paying
stocks and U.S. dollar-denominated convertible bonds, providing diversified
exposure to the following Asian Tiger countries - China, Hong Kong, Thailand,
Malaysia, Taiwan, Singapore, Indonesia, the Philippines and South Korea.
    Matthews International Capital Management is the portfolio advisor.
Matthews is an independent, San Francisco-based Asian market specialist
managing $9 billion in assets and currently manages three funds for GGOF. Paul
Matthews, Chairman and Chief Investment Officer of Matthews International, is
the fund's lead manager. Mr. Matthews has managed a fund in the U.S. with a
similar mandate since 1994, and was selected Value Line's Manager of the Year
in 2002. Both this fund and the GGOF version have been less volatile than the
S&P500 and the S&P/TSX over the last three years, due to investments in
dividend-paying blue chip stocks in Asia and U.S. denominated convertible
bonds issued by such companies.
    "Buying dividend paying stocks provides investors with a less volatile
way to access an attractive long term growth opportunity - a strategy that
works just as well in Asia as in other countries," said Gavin Graham, Chief
Investment Officer, GGOF. "Many investors have been reluctant to invest in
Asian markets, despite their excellent fundamentals and stock market
performance, owing to the high level of volatility. Asian Growth and Income
has a demonstrated track record of delivering excellent performance with lower
volatility through its strategy of investing in well-established businesses
that pay dividends or U.S. denominated convertible bonds issued by these
companies."
    GGOF provides investors with a full product line of 34 mutual funds,
diversified by asset class, geographic region and capitalization. GGOF, with
$6.1 billion of mutual fund assets under management at February 28, 2007,
offers its funds exclusively through financial intermediaries.

    GGOF is a member of BMO Financial Group and part of the organization's
Private Client Group. BMO's Private Client Group provides integrated wealth
management services in Canada and the United States and had total assets under
management and administration and term investments of $296.5 billion as at
January 31, 2007.




For further information:

For further information: Gavin Graham, GGOF, (416) 350-3151; JoAnne
Hayes, BMO Financial Group, (416) 867-3996, Internet: www.ggof.com

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