BMO Nesbitt Burns Announces Changes to Mutual Fund Reorganization Process

BMO Nesbitt Burns Announces Changes to Mutual Fund Reorganization Process 
TORONTO, ONTARIO -- (Marketwired) -- 08/27/13 -- BMO Nesbitt Burns
Inc. (the "Manager"), the manager of BMO Nesbitt Burns Canadian Stock
Selection Fund, BMO Nesbitt Burns U.S. Stock Selection Fund, BMO
Nesbitt Burns Bond Fund, BMO Nesbitt Burns Balanced Fund, BMO Nesbitt
Burns International Equity Fund, BMO Nesbitt Burns Balanced Portfolio
Fund, BMO Nesbitt Burns Growth Portfolio Fund and BMO Nesbitt Burns
Maximum Growth Portfolio Fund (collectively, the "Funds"), has made
changes to the process to be followed in connection with certain
future mergers and other reorganizations involving a Fund.  
The Manager will be amending the prospectus related to the Funds to
reflect these changes. Pursuant to the changes, in accordance with
Canadian securities legislation, unitholders of a Fund will not be
asked to approve the transaction. However, they will receive at least
60 days' prior written notice of the transaction, which must be
approved by the independent review committee of the Fund. 
The type of transaction affected by the changes involves a Fund's
reorganization with, or transfer of assets to, another mutual fund
with substantially similar investment objectives that is managed by
the Manager or an affiliate. Such a transaction may be carried out
without unitholder approval provided that certain conditions are met,
including: the Fund's independent review committee approves the
transaction, the mutual funds participating in the transaction bear
none of the costs of the transaction; the transaction complies with
certain other requirements of applicable securities laws, including
National Instrument 81-102 - Mutual Funds; and unitholders are sent
written notice of the transaction at least 60 days before its
effective date. 
For more information on BMO Nesbitt Burns Group of Funds, please
visit http://www.bmo.com/nesbittburns/solutions-services/nb/options/m
utual-funds. 
About BMO Nesbitt Burns Group of Funds  
BMO Nesbitt Burns Group of Funds is a diversified family of funds
which includes domestic and global investment options covering
various asset classes and regions. The Funds are currently offered by
BMO Nesbitt Burns Inc., one of North America's leading full-service
investment firms and a member of BMO Financial Group.  
About BMO Nesbitt Burns  
Backed by the experience, stability and resources of BMO Financial
Group, BMO Nesbitt Burns is a full-service investment firm with an
extensive network of approximately 1,400 Investment Advisors at 76
branches across Canada. The origins of BMO Nesbitt Burns' predecessor
firms date back to 1912. In 1987, BMO Bank of Montreal acquired
Nesbitt Thomson, then one of Canada's oldest and most respected
investment houses. In 1994, BMO Bank of Montreal also acquired Burns
Fry, one of the largest dealers of Canadian equities and debt
securities. Nesbitt Thomson and Burns Fry then merged to become BMO
Nesbitt Burns. 
Contacts:
For media inquiries, please contact:
Amanda Robinson, Toronto
(416) 867-3996
amanda.robinson@bmo.com 
Valerie Doucet, Montreal
(514) 877-8224
valerie.doucet@bmo.com 
Laurie Grant, Vancouver
(604) 665-7596
laurie.grant@bmo.com