BMO Investments Inc. has received securityholder and regulatory approval to proceed with the proposed changes to the BMO Mutual Funds and the BMO Guardian Funds line-ups, which were announced on March 23.

The following mergers have been approved and are expected to be effective June 1:

  • BMO Japanese Fund into BMO Guardian Asian Growth and Income Fund;
  • BMO Guardian Global Bond Fund into BMO World Bond Fund;
  • BMO Guardian Dividend Growth Fund into BMO Dividend Fund;
  • BMO Resource Class into BMO Canadian Equity Class;
  • BMO Canadian Large Cap Equity Class into BMO Canadian Equity Class; and
  • BMO Enterprise Class into BMO Canadian Equity Class.


Five mergers take effect June 15:

  • BMO U.S. Special Equity Fund into BMO Guardian Global Small Cap Fund;
  • BMO Guardian Global Technology Fund into BMO Guardian Global Small Cap Fund;
  • BMO Guardian Global Equity Fund into BMO Global Equity Class;
  • BMO Global Absolute Return Class into BMO Global Equity Class; and
  • BMO Emerging Markets Class into BMO Global Equity Class.


Two other mergers take effect June 22:

  • BMO U.S. Growth Fund into BMO U.S. Equity Fund; and
  • BMO T-Bill Fund into BMO Money Market Fund.


The proposed mergers of each of BMO Global Energy Class into BMO Canadian Equity Class and BMO Global Monthly Income Fund into BMO Diversified Income Portfolio will not proceed as they did not receive securityholder approval.

Special meetings for the merger of each of BMO Global Small Cap Class and BMO Global Technology Class into BMO Global Equity Class have been adjourned due to a lack of quorum. These adjourned meetings will be held on June 4.