Form 497K BMO FUNDS, INC.
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E-mailFiled pursuant to Rule 497(e) and 497(k)
Registration No. 033-48907
BMO FUNDS, INC.
| BMO Large-Cap Value Fund | BMO Corporate Income Fund | |
| BMO Large-Cap Growth Fund | BMO Dividend Income Fund | |
| BMO Mid-Cap Value Fund | BMO Ultra Short Tax-Free Fund | |
| BMO Mid-Cap Growth Fund | BMO Conservative Allocation Fund | |
| BMO Small-Cap Value Fund | BMO Moderate Allocation Fund | |
| BMO Small-Cap Growth Fund | BMO Balanced Allocation Fund | |
| BMO Low Volatility Equity Fund | BMO Growth Allocation Fund | |
| BMO Disciplined International Equity Fund | BMO Aggressive Allocation Fund |
(each, a “Fund,” and together, the “Funds”)
Supplement dated January 24, 2022 to the Prospectus, Summary Prospectuses,
and Statement of Additional Information, each dated December 29, 2021
On January 21, 2022, the Funds were reorganized into corresponding series of Columbia Funds Series Trust, Columbia Funds Series Trust I or Columbia Funds Series Trust II, as shown below (together, the “Reorganizations”), following shareholder approval of the Reorganizations and pursuant to agreements and plans of reorganization previously approved by the Board of Directors of BMO Funds, Inc.:
| BMO Fund |
Corresponding Acquiring Fund | |
| BMO Large-Cap Value Fund | Columbia Integrated Large Cap Value Fund | |
| BMO Large-Cap Growth Fund | Columbia Integrated Large Cap Growth Fund | |
| BMO Mid-Cap Value Fund | Columbia Select Mid Cap Value Fund | |
| BMO Mid-Cap Growth Fund | Columbia Mid Cap Growth Fund | |
| BMO Small-Cap Value Fund | Columbia Small Cap Value Fund II | |
| BMO Small-Cap Growth Fund | Columbia Integrated Small Cap Growth Fund | |
| BMO Low Volatility Equity Fund | Columbia Integrated Large Cap Value Fund | |
| BMO Disciplined International Equity Fund | Columbia Overseas Value Fund | |
| BMO Corporate Income Fund | Columbia Corporate Income Fund | |
| BMO Dividend Income Fund | Columbia Integrated Large Cap Value Fund | |
| BMO Ultra Short Tax-Free Fund | Columbia Ultra Short Municipal Bond Fund | |
| BMO Conservative Allocation Fund | Columbia Capital Allocation Conservative Portfolio | |
| BMO Moderate Allocation Fund | Columbia Capital Allocation Moderate Portfolio | |
| BMO Balanced Allocation Fund | Columbia Capital Allocation Moderate Aggressive Portfolio | |
| BMO Growth Allocation Fund | Columbia Capital Allocation Aggressive Portfolio | |
| BMO Aggressive Allocation Fund | Columbia Capital Allocation Aggressive Portfolio |
Please retain this Prospectus Supplement with your Prospectus, Summary Prospectus and Statement of Additional Information for future reference.
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