BMO Investments Inc. (BMOII), the manager of the BMO Mutual Funds, today announced the following changes to its product offering:
Fund Launches and Qualification of Series S Securities
The following BMO Mutual Funds and series will be launched:
Fund Series offeredBMO Covered Call Spread Gold Bullion ETF Fund1 Series F, I and Advisor SeriesBMO Covered Call Technology ETF Fund Series F, I and Advisor SeriesBMO Gold Bullion ETF Fund Series A, F, G, I and Advisor SeriesBMO Long Short U.S. Equity ETF Fund Series F, I and Advisor SeriesBMO Target Education 2045 Portfolio Series A and F
1 Series F, Series I and Advisor Series units of the Fund are not currently available for purchase. BMOII has applied for certain three-tier exemptive relief and will only make Series F, Series I and Advisor Series units of the Fund available for purchase if and when this relief is granted.
Series S securities of BMO U.S. Small Cap Fund will be qualified.
Risk Rating Changes
Effective May 28, 2025, the risk rating of each of the following BMO Mutual Funds changed:
Fund Previous Current Risk Rating Risk RatingBMO AscentTM Equity Growth Portfolio Medium Low to MediumBMO Brookfield Global Real Estate Tech Fund Medium to High Medium(F (Hedged) and Advisor Series (Hedged))BMO Canadian Banks ETF Fund Medium Medium to HighBMO Global Dividend Fund Medium Low to MediumBMO Low Volatility U.S. Equity ETF Fund Medium Low to MediumBMO Resource Fund High Medium to HighBMO SIA Focused North American Equity Fund Low to Medium MediumBMO U.S. Corporate Bond Fund Low Low to Medium
Management Fee and Administration Fee Changes
The following management fee and administration fee changes were effective after the close of business on May 28, 2025, except as noted otherwise.
Fund Series Current New Annual Annual Management Management Fee FeeBMOAsianGrowthandIncomeFund A 2.25% 1.95%BMOAsianGrowthandIncomeFund Advisor 2.25% 1.95%BMOAsianGrowthandIncomeFund T6 2.25% 1.95%BMOAssetAllocationFund A 1.75% 1.45%BMOAssetAllocationFund Advisor 1.75% 1.45%BMOAssetAllocationFund G 0.85% 0.80%BMOAssetAllocationFund T6 1.75% 1.45%BMOCanadianEquityETFFund A1 0.75% 0.55%BMOCanadianEquityETFFund F1 0.20% 0.05%BMOCanadianEquityFund A 2.00% 1.50%BMOCanadianEquityFund Advisor 2.00% 1.50%BMOCanadianSmallCapEquityFund A 2.00% 1.60%BMOCanadianSmallCapEquityFund Advisor 2.00% 1.60%BMOCanadianStockSelectionFund A 1.80% 1.50%BMOCanadianStockSelectionFund Advisor 1.80% 1.50%BMOCoreBondFund A 0.95% 0.85%BMOCoreBondFund Advisor 0.95% 0.85%BMOCorePlusBondFund A 1.15% 0.90%BMOCorePlusBondFund Advisor 1.15% 0.90%BMOCorePlusBondFund G 0.75% 0.65%BMODiversifiedIncomePortfolio A 1.75% 1.35%BMODiversifiedIncomePortfolio Advisor 1.75% 1.35%BMODiversifiedIncomePortfolio T6 1.75% 1.35%BMODividendFund G 1.00% 0.85%BMOEmergingMarketsBondFund F 0.65% 0.60%BMOEmergingMarketsFund A 2.00% 1.70%BMOEmergingMarketsFund Advisor 2.00% 1.70%BMO Enterprise Fund Advisor 2.35% 2.00%BMOEuropeanFund A 2.00% 1.65%BMOEuropeanFund Advisor 2.00% 1.65%BMOGlobalDividendFund A 1.90% 1.60%BMOGlobalDividendFund Advisor 1.90% 1.60%BMOGlobalDividendFund T6 1.90% 1.60%BMOGlobalSmallCapFund A 2.25% 1.85%BMOGlobalSmallCapFund Advisor 2.25% 1.85%BMOGlobalStrategicBondFund A 1.75% 1.20%BMOGlobalStrategicBondFund Advisor 1.75% 1.20%BMOGrowth&IncomeFund Advisor 1.85% 1.50%BMOGrowth&IncomeFund T8 1.85% 1.50%BMOGrowthOpportunitiesFund A 1.80% 1.55%BMOGrowthOpportunitiesFund Advisor 1.80% 1.55%BMOInternationalEquityETFFund A1 0.85% 0.70%BMOInternationalEquityETFFund F1 0.30% 0.20%BMOInternationalValueFund A 1.90% 1.75%BMOInternationalValueFund Advisor 1.90% 1.75%BMOMoneyMarketFund A2 0.60% 0.32%BMOMoneyMarketFund Advisor2 0.60% 0.32%BMOMoneyMarketFund ETF 0.28% 0.12%BMOMoneyMarketFund F2 0.20% 0.12%BMOMonthlyHighIncomeFundII A 1.85% 1.60%BMOMonthlyHighIncomeFundII Advisor 1.85% 1.60%BMOMonthlyHighIncomeFundII T5 1.85% 1.60%BMOMonthlyHighIncomeFundII T8 1.85% 1.60%BMOMonthlyIncomeFund G 0.90% 0.85%BMOMortgageandShort-TermIncomeFund A3 1.25% 0.92%4BMOMortgageandShort-TermIncomeFund Advisor3 1.25% 0.92%4BMOMortgageandShort-TermIncomeFund F3 0.35% 0.42%4BMONorthAmericanDividendFund A 2.00% 1.50%BMONorthAmericanDividendFund Advisor 2.00% 1.50%BMONorthAmericanDividendFund T6 2.00% 1.50%BMOPreciousMetalsFund A 2.00% 1.85%BMOPreciousMetalsFund Advisor 2.00% 1.85%BMOResourceFund A 2.00% 1.85%BMOResourceFund Advisor 2.00% 1.85%BMOSelectTrust®FixedIncomePortfolio A 1.70% 1.20%BMOSelectTrust®FixedIncomePortfolio Advisor 1.70% 1.20%BMOSelectTrust®FixedIncomePortfolio T6 1.70% 1.20%BMOSustainableGlobalBalancedFund A 1.70% 1.60%BMOSustainableGlobalBalancedFund Advisor 1.70% 1.60%BMOTacticalBalancedETFFund G 0.95% 0.85%BMOTacticalDividendETFFund G 1.00% 0.90%BMOTacticalGlobalAssetAllocationETFFund F 0.65% 0.55%BMOTacticalGlobalAssetAllocationETFFund F4 0.65% 0.55%BMOTacticalGlobalEquityETFFund F 0.70% 0.60%BMOTacticalGlobalEquityETFFund F6 0.70% 0.60%BMOU.S.DollarBalancedFund A 1.55% 1.50%BMOU.S.DollarBalancedFund Advisor 1.55% 1.50%BMOU.S.DollarMoneyMarketFund A5 1.00% 0.49%BMOU.S.DollarMoneyMarketFund Advisor5 1.00% 0.49%BMOU.S.DollarMoneyMarketFund F5 0.80% 0.29%BMOU.S.DollarMoneyMarketFund O6 0.00% 0.05%4BMOU.S.DollarMonthlyIncomeFund A 1.85% 1.50%BMOU.S.DollarMonthlyIncomeFund Advisor 1.85% 1.50%BMOU.S.DollarMonthlyIncomeFund T5 1.85% 1.50%BMOU.S.DollarMonthlyIncomeFund T6 1.85% 1.50%BMOU.S.EquityETFFund A1 0.80% 0.58%BMOU.S.EquityETFFund F1 0.25% 0.08%BMOU.S.EquityFund A 2.00% 1.50%BMOU.S.EquityFund A(Hedged) 2.00% 1.50%BMOU.S.EquityFund Advisor 2.00% 1.50%BMOU.S.EquityFund Advisor(Hedged) 2.00% 1.50%BMOU.S.EquityPlusFund A 1.80% 1.55%BMOU.S.EquityPlusFund Advisor 1.80% 1.55%BMOWorldBondFund A 1.75% 0.95%BMOWorldBondFund Advisor 1.75% 0.95%
Notes
1 The fixed administration fee of 0.10% paid to BMOII by this Fund in respect of this series was eliminated. BMOII continues to be responsible for payment of the administration expenses for the Fund, other than the fund expenses which continue to be paid by the Fund directly.2 The fixed administration fee of 0.08% paid to BMOII by this Fund in respect of this series was eliminated. BMOII continues to be responsible for payment of the administration expenses for the Fund, other than the fund expenses which continue to be paid by the Fund directly.3 Effective September 1, 2025, the fixed administration fee of 0.17% paid to BMOII by this Fund in respect of this series will be eliminated. Following the change, BMOII will continue to be responsible for payment of the administration expenses for the Fund, other than the fund expenses which will continue to be paid by the Fund directly.4 The management fee changes will be effective September 1, 2025.5 The fixed administration fee of 0.15% paid to BMOII by this Fund in respect of this series was eliminated. BMOII continues to be responsible for payment of the administration expenses for the Fund, other than the fund expenses which continue to be paid by the Fund directly.6 Effective September 1, 2025, the fixed administration fee of 0.15% paid to BMOII by this Fund in respect of this series will be eliminated. Following the change, BMOII will continue to be responsible for payment of the administration expenses for the Fund, other than the fund expenses which will continue to be paid by the Fund directly.
For more information about the Funds, please visitMutual Funds | BMO Global Asset Management (bmogam.com).
“BMO (M-bar roundel symbol)” is a registered trademark of Bank ofMontreal, used under licence.
BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate. BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank ofMontreal.
Commissions, management fees and expenses (if applicable) all may be associated with investments in mutual funds. Trailing commissions may be associated with investments in certain series of securities of mutual funds. Please read the fund facts or simplified prospectus of the relevant Fund before investing.Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. Distributions are not guaranteed and are subject to change and/or elimination. For a summary of the risks of an investment in the BMO Mutual Funds, please see the specific risks set out in the simplified prospectus.
About BMO Financial GroupBMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.
SOURCE BMO Financial Group
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