Compelo Banking is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More

BMO Investments announces proposed merger of mutual fund

BMO Investments has announced a proposed mutual fund merger of BMO US Equity Class with BMO Global Dividend Class, to be effective on or about May 9, 2008.

As a result of this merger, shareholders of BMO US Equity Class will have the potential to achieve portfolio diversification by investing in a fund with broader investment objectives.

The investment objective of BMO Global Dividend Class is to achieve a high level of total return, including dividend income and capital gains, by investing primarily in dividend-yielding common and preferred shares of corporations from around the world. The proposed fund merger is subject to shareholder and regulatory approval.