BMO announces changes in some mutual BMO boxes
Torontoand January 31, 2025 / CNW/ – BMO Investments Inc. (BmoiiDirector of BMO MUTUAL boxes, announced today the reduction of management and management fees for the BMO strategic stock fund and the strategic fixed income box (all a finance And association, and fundsSeries S Securities rehabilitation of the BMO strategic return box.
Management fees and reduction of management expenses
The following management fees and the reduction of management expenses will be valid after the closure of the work January 31, 2025.
BMOII will reduce management fees on Securities Series Series Series, F and Advisor as follows:
A series of securities BMO strategic stock box |
The current annual |
New annual |
Series a |
1.55 % |
1.45 % |
Series and |
0.55 % |
0.45 % |
Consulting series |
1.55 % |
1.45 % |
A series of securities BMO strategic income returns |
The current annual |
New annual |
Series a |
1.05 % |
0.95 % |
Series and |
0.55 % |
0.45 % |
Consulting series |
1.05 % |
0.95 % |
The expenditures of the administration paid by the BMO strategic stock fund will be paid in relation to the Series F and Advisor Series Securities by BMOII. The BMO Strategic Strategic Fund will continue to pay the fund’s expenses directly.
Fixed Fixed Management 0.10 % paid to BMOII will be canceled by the BMO strategic income box in terms of chain A, Series F and Advisor Series Securities. BMOII will remain responsible for paying the management expenses of the BMO strategic income fund, unlike the fund’s expenses that this fund still pays directly.
Rehabilitation of securities chain
The rehabilitation of the Securities Fund from the S series for the BMO strategic shares chain was effective on January 29, 2025.
For more information about money, please visit Common Investment Funds BMO Global Asset Management (BMOGAM.COM).
“BMO (M-Bar Roundel Symbol) is a registered brand for a bank MontrealUsed under the license.
BMO Global Asset Management is the brand name where BMO Asset Management Inc. And BMO Investments Inc. BMO MUTUAL boxes are managed by BMO Investments Inc. And she is the director of an investment fund and a separate legal entity from Bank of Montreal.
All commissions, management and expenses (if any) may be associated with investments in investment funds. Late commissions may be associated with investments in a specific series of securities of investment funds. Please read the facts of the fund or the relevant production bulletin of the fund before investing. Investment boxes are not guaranteed, their values change frequently, and the previous performance may not be repeated. Distributions are not guaranteed and subject to change and/or elimination. To obtain a summary of the investment risk of BMO MUTUAL boxes, please see the specific risks stipulated in the simple version.
About the BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with a total assets of $ 1.41 trillion as of October 31, 2024. Customer service for 200 years and count Trade, wealth management, global markets and investment banking products to 13 million customers throughout Canada, USAnd in the chosen markets worldwide. Payed for one purpose, to boldly develop goodnessIn deeds and lifeBMO is committed to leading positive change in the world, making progress for a prosperous economy, sustainable future and a comprehensive society.
BMO Financial Group source
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