News Releases

CHICAGO, IL--(Marketwired - Dec 19, 2013) - BMO Global Asset Management announced today the addition of the BMO Lloyd George Frontier Markets Equity Fund. The new Fund will be managed by Lloyd George Management (LGM), a part of BMO Global Asset Management and a long time investor in Asian and Global Emerging Markets.

The BMO Lloyd George Frontier Markets Equity Fund will seek to provide capital appreciation by investing its assets in equity securities of foreign companies located in frontier markets or whose primary business activities or principal trading markets are in frontier markets. Frontier Markets consist of countries with market-oriented economies in the early stages of economic development, reflecting many of the same characteristics of the original Global Emerging Markets -- such as China and India -- some 20 ye ars ago. The Fund will be managed by Thomas Vester, CFA, who is supported by two dedicated investment analysts.

"LGM has become one of the world's leading managers of frontier assets and this Fund provides our clients with access to this talented team," said Barry McInerney, Co-Chief Executive Officer, BMO Global Asset Management. "We believe that frontier markets offer attractive returns and, over the long term, have exhibited low correlations with other equity asset classes."

LGM's investment philosophy is predicated on the view that financial markets are often inefficient. Pricing anomalies can persist for prolonged periods and that is particularly true in frontier markets. The active, stock-driven investment approach of LGM seeks to identify inefficiencies amongst companies with structurally attractive business models that can generate cash returns above their cost of capital over a full business cycle. The assessment of a company involves first hand research with the management team and often occurs over a period of years. Regular visits to frontier countries are essential to understand the local corporate sector dynamics and the financial and macroeconomic environment. The LGM frontier markets team has visited 28 frontier countries so far this year, including Botswana, Vietnam and Georgia, in search of attractive investment opportunities.

For more information about BMO Global Asset Management and the new Fund, please visit: www.bmogam.com.

About BMO Family of Funds
The BMO Funds are a global family of actively managed mutual funds. The firm's 32 funds span the risk/reward spectrum and include: U.S., non-U.S. and global equity funds, U.S.(taxable and tax-free) and emerging markets fixed income funds, money market funds, and a range of multi-asset funds offering out-come oriented solutions for investors.

The family of funds is managed by a multi-disciplined team based in Chicago and Milwaukee, and by a network of world class boutique managers, which are strategically located across the globe. This network includes Monegy, Inc., Pyrford International Ltd., Lloyd George Management and Taplin, Canida & Habacht, LLC.

Established in 1992, BMO Funds are advised by BMO Asset Management U.S. and offers Institutional and Investor class shares. Along with its subsidiary boutiques and affiliates, the advisor oversees more than $50 billion in assets under management. BMO Funds is a part of BMO Financial Group, a fully diversified financial services organization with $537 billion CND total assets and more than 45,000 employees as of October 31, 2013.

Disclosures
BMO Global Asset Management is the brand name for various affiliated entities of BMO Financial Group that provide investment management, retirement, 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).

BMO Asset Management U.S. consists of BMO Asset Management Corp.

BMO Asset Management Corp. is the investment adviser to the BMO Funds. M&I Distributors LLC is the distributor. BMO Funds are not marketed or sold outside the United States.

Investors should carefully consider the investment objectives, risks, charges and expenses of the BMO Funds. This and other important information is contained in the prospectuses and/or summary prospectuses, which can be obtained by calling 1-800-580-3863. Please read carefully before invest ing. The investment risks of each Target Date Fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including equity and fixed income investments in the U.S. and abroad and may be subject to risks associated with investing in high yield, small cap, commodity-linked, and foreign securities.

All investments involve risk, including the possible loss of principal. Foreign investing involves special risks due to factors such as increased volatility, currency fluctuation and political uncertainties.

Investment products are: Not FDIC Insured | No Bank Guarantee | May Lose Value

©2013 BMO Financial Corp.