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MARKETS LIVE BLOG:

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BMO Investments Inc. Announces Plans to Terminate Certain Series NBA and Series NBF

Marketwired

TORONTO, ONTARIO--(Marketwired - Aug. 15, 2016) - BMO Investments Inc. (BMOII) today announced the termination of certain Series NBA and Series NBF (the "Series").

Series Terminations

Series NBA and Series NBF of each of the following funds will be terminated effective on or about October 21, 2016 (the "Termination Date"):

Fund

Series

BMO Bond Fund

NBA and NBF

BMO Asset Allocation Fund

NBA

BMO International Value Fund

NBA and NBF

BMO U.S. Equity Fund

NBA and NBF

Effective immediately, the Series are no longer available for additional purchases, including Continuous Savings Plans (CSPs) or Pre-Authorized Contribution Plans (PACs). Investors' existing CSPs or PACs will be cancelled.

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In light of the changes described above, investors holding Series NBA securities or Series NBF securities have several options. Investors may continue to hold Series NBA or Series NBF securities until the Termination Date. If they do so, those securities will be redeemed entirely on the Termination Date and investors will be paid the proceeds if they hold their investments in a non-registered account. Investments held in a registered account will be transferred automatically into BMO Money Market Fund.

Investors may also switch their Series NBA securities or Series NBF securities - if they are qualified - for securities of another BMO Mutual Fund, or redeem their securities entirely and receive the redemption proceeds in the normal course.

BMOII encourages investors who hold Series NBA securities or Series NBF securities to contact their investment advisors to determine the option that best meets their investment needs and circumstances.

For more information about BMO Mutual Funds, please visit www.bmo.com/gam/ca.

Get the latest BMO press releases via Twitter by following @BMOmedia.

BMO Mutual Funds are offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments and the use of an asset allocation service. Please read the fund facts or prospectus of the mutual fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

About BMO Financial Group

Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of $681 billion as of April 30, 2016, and over 45,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.