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BMO Global Asset Management Reduces Fees for Two U.S. Equity Funds

CHICAGO, February 8, 2018 — BMO Global Asset Management (BMO GAM) today announced the reduction of advisory and total expense ratio cap fees for BMO Large-Cap Growth Fund and BMO Large-Cap Value Fund, effective February 8, 2018.

“We are continuously looking for ways to serve our clients better and offer investors a diverse range of best-in-class products across asset classes and investment styles,” said Phil Enochs, Head of BMO GAM U.S. “Reducing the fees of our two largest U.S. equity funds demonstrates our commitment to providing our clients with top-performing funds at a great value.”

BMO GAM reduced the advisory fees by 15 basis points and the total expense ratio cap by 21 basis points as listed in the charts below:

BMO Large-Cap Growth Fund
Share Class Ticker Current Advisory Fee New Advisory Fee Current Total Expense Ratio Cap Fee New Total Expense Ratio Cap Fee
R6* BLGRX 0.50 0.35 0.60 0.39
I** MLCIX 0.50 0.35 0.75 0.54
A*** BALGX 0.50 0.35 1.00 0.79
Y**** MASTX 0.50 0.35 1.00 0.79
BMO Large-Cap Value Fund
Share Class Ticker Current Advisory Fee New Advisory Fee Current Total Expense Ratio Cap Fee New Total Expense Ratio Cap Fee
R6* BLCRX 0.50 0.35 0.60 0.40
I** MLVIX 0.50 0.35 0.75 0.55
A*** BALVX 0.50 0.35 1.00 0.80

*R6: For qualified plans/eligible retirement plans, fee-based wrap programs and other registered investment companies
**I: For institutional investors – minimum investment is $1,000,000
***A: For retail investors – front load, minimum investment is $1,000, subsequent investment is $50
****Y: For retail investors – no load, minimum investment is $1,000, subsequent investment is $50

For more information about BMO Mutual Funds please visit bmo.com/gam/us.


About BMO Global Asset Management

BMO Global Asset Management is a global investment manager with offices in more than 20 offices in 14 countries, delivering service excellence to clients across five continents.

Our four major investment centres in Toronto, Chicago, London and Hong Kong are complemented by a network of world-class specialist managers strategically located across the globe: BMO Real Estate Partners, LGM Investments and Pyrford International Ltd. BMO Global Asset Management is a signatory of the United Nations-supported Principles for Responsible Investment initiative (UNPRI).

BMO Global Asset Management is a part of BMO Financial Group, a highly diversified financial services provider based in North America with total assets of USD $252.4 billion as of October 31, 2017 and more than 45,000 employees.

Media Contacts:

Amanda Robinson, Toronto, amanda.robinson@bmo.com, (416) 867-3996


®"BMO (M-bar roundel)" is a registered trade-mark of Bank of Montreal, used under licence.

Expenses for Class A and R6 shares are based on estimated amounts for the current fiscal year. Net expense ratio for all share classes reflects contractual fee waivers and/or expense reimbursements made by BMO Asset Management Corp., the investment adviser (Adviser), as applicable. The Adviser may not terminate these fee waivers and/or expense reimbursements prior to December 31, 2018, without the consent of the Fund’s Board of Directors, unless the investment advisory agreement is terminated. Without these contractual waivers, the Funds’ returns would have been lower. Please see the prospectus for more information.

All investments involve risk, including the loss of principal.

Past performance does not guarantee future results. You should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. For a prospectus, which contains this and other information about the BMO Funds, call 1-800-236-3863. Please read it carefully before investing.

BMO Global Asset Management is the brand name for various affiliated entities of BMO Financial Group that provide investment management and trust and custody services. Certain of the products and services offered under the brand name BMO Global Asset Management are designed specifically for various categories of investors in a number of different countries and regions and may not be available to all investors. Products and services are only offered to such investors in those countries and regions in accordance with applicable laws and regulations. BMO Financial Group is a service mark of Bank of Montreal (BMO).

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Investment products are: NOT FDIC INSURED — NOT BANK GUARANTEED — MAY LOSE VALUE.

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