BMO Investments Inc. finalizes amalgamation with Guardian Group of Funds Ltd.

TORONTO, Nov. 2 /CNW/ - Effective November 1, 2009, BMO Investments Inc. and Guardian Group of Funds Ltd. amalgamated to form a single legal entity. BMO Investments Inc. is now the manager and trustee of all BMO Guardian Funds and will continue to act as manager and trustee of the BMO Mutual Funds.

This change will allow the two fund families, BMO Mutual Funds and BMO Guardian Funds, to operate within a more streamlined organizational structure that will provide administrative and cost benefits.

BMO Guardian Funds

BMO Guardian Funds is a diversified family of funds and includes a broad range of domestic and global investment options covering a full array of asset classes, sectors, regions and specialized mandates. BMO Guardian Funds are currently offered by Guardian Group of Funds Ltd., which is a member of BMO Financial Group and part of the organization's Private Client Group.

BMO Mutual Funds

BMO Mutual Funds are offered by BMO Investments Inc., which is a member of the 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 $230 billion as at July 31, 2009.

SOURCE BMO BANK OF MONTREAL

For further information: For further information: Media Contacts: Kasia Lech, Toronto, kasia.lech@bmo.com, (416) 867-3996; Ronald Monet, Montréal, ronald.monet@bmo.com, (514) 877-1873; Laurie Grant, Vancouver, laurie.grant@bmo.com, (604) 665-7596; Internet: www.bmo.com


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890