OREANDA-NEWS. BMO Intermediate Tax-Free Fund has been named best fund over 10 years1 in the intermediate municipal debt funds category at the 2015 Lipper Fund Awards.

The annual Lipper Fund Awards honor asset managers and individual mutual funds in the U.S. that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.

"Being recognized in this category, and for a time period of this length, is a testament to the expertise and commitment of the Fund's management team as well as the quality, consistency and strength of our entire organization," said Craig Rawlins, Chief Investment Officer, BMO Global Asset Management. "The breadth of our capabilities provides us with the unique ability to create innovative investment solutions that meet evolving client needs and deliver results."

Mr. Rawlins noted that this recognition follows the announcement in February that BMO Funds has been recognized as one of the top performers2 in 2014 in the annual Barron's/Lipper Fund Family Ranking, coming in second among U.S. fund providers.