BMO Global Asset Management Appoints Managing Director to

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BMO Global Asset Management Appoints Managing Director to Lead Fixed Income Team in U.S.

MILWAUKEE, WI--(Marketwired - Apr 30, 2013) - BMO Global Asset Management has named John Boritzke, CFA, Managing Director as Head of Fixed Income. In his expanded role, Boritzke will provide guidance to the entire fixed income team and will continue to contribute to the organization through his investment expertise, thought leadership and commitment to service excellence.

In addition to serving as Head of Fixed Income, Boritzke will continue as Co-Manager of the BMO Intermediate Tax-Free Strategy, which includes responsibility for separately managed accounts and the BMO Intermediate Tax-Free Fund (MITFX, MIITX). This Fund was recognized by the Wall Street Journal in their annual Category King rankings as being among the top ten out of nearly 400 funds in the Intermediate Bond category in terms of total return for 2012. Boritzke brings more than 30 years of investment experience to his new position and will continue to be based in Milwaukee.

"Announcing John's promotion is a recognition of the important role he plays among our talented bond fund managers and of the value he adds to both BMO's investment team and to helping our clients achieve their financial goals," said Craig Rawlins, Chief Investment Officer, BMO Asset Management U.S. "With John's leadership, we expect to continue providing our clients with world-class investment solutions."

Boritzke has been with the firm since 1983 and his past experience includes duties as manager of the BMO Prime Money Market Fund and the BMO Government Money Market Fund. He holds a BS and an MBA from Marquette University. In addition, John is a Chartered Financial Analyst charterholder and is an active member of the CFA Society of Milwaukee.

Rawlins added that BMO is continually seeking to offer opportunities to talented and driven investment professionals, both inside and outside the firm.

For more information, visit http://www.bmo.com/gamus .

About BMO Global Asset Management BMO Global Asset Management is a global investment manager with more than $125 billion in assets under management as of January 31, 2013, including discretionary and non-discretionary assets under management.

Our two multi-disciplined teams are based in Toronto and Chicago/Milwaukee, and our network of world-class boutique managers is strategically located across the globe. They include Monegy, Inc., Pyrford International Ltd., Lloyd George Management and Taplin, Canida & Habacht, LLC. BMO Global Asset Management delivers service excellence from offices throughout North America, and in London, Abu Dhabi, Mumbai, Beijing, Shanghai and Hong Kong. Our approach has led us to be recognized by Pension & Investments as one of the world's largest 100 asset managers based on combined assets under management as of December 31, 2011.

We are a part of BMO Financial Group ( NYSE : BMO ), a fully diversified financial services organization with $542 billion total assets and more than 46,000 employees as of January 31, 2013.

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

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 or by visiting our website at bmofundsus.com. Please read carefully before investing.

An investment in money market funds is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds.

All investments involve risk, including the possible loss of principal.

Tax-Free Funds: Interest income from the Fund's investments may be subject to the federal alternative minimum tax (AMT) for individuals and corporations, and state and local taxes.

Keep in mind that as interest rates rise, bond prices fall. This may have an adverse effect on the Fund's portfolio.

Past performance is no guarantee of future results. Wall Street Journal Category Kings determined by total return for the top 10 funds ranked by one-year performance as of December 31, 2012. Total return includes capital appreciation and reinvested distributions.

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.

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

©2013 BMO Financial Corp.

Media contacts: Anna Seifert anna.seifert@bmo.com 312-461-6199 Seuk Kim Skim@sunstarstrategic.com 703-894-1058

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