BMO Investments Inc. Announces Changes to the Distribution Policy for Certain Funds

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BMO Investments Inc. Announces Changes to the Distribution Policy for Certain Funds

//business-finance.news-articles.net/content/201 .. o-the-distribution-policy-for-certain-funds.html

Published in Business and Finance on Tuesday, June 29th 2010 at 9:30 GMT by Market Wire
^{🞛 This publication is a summary or evaluation of another publication}

TORONTO, ONTARIO--(Marketwire - June 29, 2010) - BMO Investments Inc. (TSX:BMO)(NYSE:BMO) today announced a change to the distribution policy of each of BMO Guardian Monthly Dividend Fund Ltd., BMO Guardian High Yield Bond Fund, BMO Guardian Canadian Diversified Monthly Income Fund and BMO Guardian Income Solution.

The distribution policy for each of these funds will change from a specified fixed dollar amount per month to a fixed amount per month that will be set at the beginning of each calendar year based on the market outlook. The monthly distribution rate for each fund is expected to remain unchanged for the balance of 2010.

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 $254 billion as at April 30, 2010.

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