BMO Harris Investment Management Inc. Announces Risk Rating Reductions to Certain Portfolios

BMO Harris Investment Management Inc. Announces Risk Rating Reductions to 
Certain Portfolios 
TORONTO, ONTARIO -- (Marketwired) -- 07/09/13 -- BMO Harris
Investment Management Inc. ("BHIMI"), the investment management arm
of BMO Harris Private Banking and the manager of the BMO Harris
Private Portfolios, today announced changes to reduce the risk
ratings of BMO Harris Canadian Growth Equity Portfolio, BMO Harris
Canadian Corporate Bond Portfolio, BMO Harris U.S. Equity Portfolio,
BMO Harris International Equity Portfolio and BMO Harris Emerging
Markets Equity Portfolio (each, a "Portfolio" and collectively, the
BHIMI assigns an investment risk rating to each Portfolio to provide
investors with information to help determine whether a Portfolio is
suitable for them. The methodology used to determine the risk rating
of each Portfolio is based on the methodology recommended by the Fund
Risk Classification Task Force of The Investment Funds Institute of
Canada (the "IFIC Task Force"). In addition to using the methodology
recommended by the IFIC Task Force, we may take into account other
qualitative factors in making our final determination of each
Portfolio's risk rating. The investment risk rating for each
Portfolio is reviewed at least annually as well as if there is a
material change in a Portfolio's investment objective or investment
The risk rating of each of the Portfolios listed below has changed to
align better with the risk level of each Portfolio. "BHIMI reviews
the risk ratings of its Portfolios regularly and chose to revise the
risk ratings for these five Portfolios to align them more
appropriately to the level of risk needed for the Portfolios to
achieve their investment objectives," said Richard B. Mason, Chief
Executive Officer, BHIMI.  
The investment objectives, investment strategies and management of
each of the Portfolios will not change as a result of the change in
risk rating. The change to each risk rating of each Portfolio listed
below will be reflected in the BMO Harris Private Portfolios' updated
simplified prospectus, which will be filed with the securities
regulatory authorities in each province of Canada on or about July
12, 2013. 

Portfolio                      Previous Risk Rating   New Risk Rating       
BMO Harris Canadian Growth     High                   Medium to High        
 Equity Portfolio                                                           
BMO Harris Canadian Corporate  Low to Medium          Low                   
 Bond Portfolio                                                             
BMO Harris U.S. Equity         Medium to High         Medium                
BMO Harris International       Medium to High         Medium                
 Equity Portfolio                                                           
BMO Harris Emerging Markets    High                   Medium to High        
 Equity Portfolio                                                           

About BMO Harris Private Banking  
Backed by the stability and resources of BMO Financial Group,
professionals at BMO Harris Private Banking are responsible for the
successful management of wealth by providing expert advice and highly
personalized services in banking, investment management, estate,
trust, succession planning and philanthropic services - all in a
coordinated and confident approach. With 34 offices across Canada,
including Halifax, Montreal, Toronto, Calgary and Vancouver, BMO
Harris Private Banking is able to service clients in a variety of
BMO Harris Private Portfolios are offered by BMO Harris Investment
Management 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. Please read the
simplified prospectus before investing. Mutual funds are not
guaranteed, their values change frequently and past performance may
not be repeated.  
For more information on BMO Harris Private Portfolios, please visit 
Media Contacts:
Amanda Robinson, Toronto
(416) 867-3996 
Valerie Doucet, Montreal
(514) 877-8224 
Laurie Grant, Vancouver
(604) 665-7596
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