TORONTO, ONTARIO — (Marketwire) — 05/18/12 — BMO Harris Investment Management Inc. (BHIMI), the investment management arm of BMO Harris Private Banking, is making changes to the fees and expenses that are charged to the BMO Harris Private Portfolios (Portfolios) and to trading commissions charged for client investment accounts.
The following changes will be effective October 1, 2012:
BHIMI presented this matter to the Portfolios- Independent Review Committee, which recommended that the changes to the expenses of the Portfolios achieve a fair and reasonable result for the Portfolios.
BMO Harris Private Banking is committed to providing clients with the best possible financial solutions, investment counselling and service. These changes are being made with the goals of delivering good value and an exceptional experience to our clients.
About BMO Harris Private Banking
Backed by the heritage, stability and resources of BMO Financial Group, professionals at BMO Harris Private Banking are responsible for the successful management of wealth by providing expert advice and highly personalized services in banking, investment management, estate, trust, succession planning and philanthropic services – all in a coordinated and confident approach. With 34 offices across the country, including Halifax, Montreal, Toronto, Calgary and Vancouver, BMO Harris Private Banking is able to service clients in a variety of languages.
Contacts:
Rachael McKay, Toronto
(416) 867-3996
Ron Monet, Montreal
(514) 877-1873
Laurie Grant, Vancouver
(604) 665-7596