Portfolio-management changes at BMO

Toronto-based BMO Investments Inc. has made several portfolio-management changes to its mutual funds. Toronto-based Monegy Inc. no longer is portfolio manager for BMO Floating Rate Income Fund, BMO U.S. High Yield Bond Fund and BMO U.S. Dollar Monthly Income Fund. Instead, BMO Asset Management Inc. (BMOAM) will take on the portfolio- management responsibilities for all three funds. As well, BMO Asset Management Corp. will subadvise on BMO Floating Rate Income Fund while Miami-based Taplin Canida & Habacht LLC (TC&H) is a subadvisor for BMO U.S. High Yield Bond Fund. As well, both BMOAM and TC&H will act as subadvisors for BMO U.S. Dollar Monthly Income Fund. For full fund details, visit www.bmo.com/mutualfunds.

(fcollie@investmentexecutive.com).