BMO Announces Fund Launches and Changes to Certain BMO Mutual Funds

TORONTO, May 29, 2025 /CNW/ - 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 offered
BMO Covered Call Spread Gold Bullion ETF Fund^1	Series F, I and Advisor Series
BMO Covered Call Technology ETF Fund	Series F, I and Advisor Series
BMO Gold Bullion ETF Fund	Series A, F, G, I and Advisor Series
BMO Long Short U.S. Equity ETF Fund	Series F, I and Advisor Series
BMO 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 Risk Rating	Current Risk Rating
BMO Ascent^TM Equity Growth Portfolio	Medium	Low to Medium
BMO Brookfield Global Real Estate Tech Fund (F (Hedged) and Advisor Series (Hedged))	Medium to High	Medium
BMO Canadian Banks ETF Fund	Medium	Medium to High
BMO Global Dividend Fund	Medium	Low to Medium
BMO Low Volatility U.S. Equity ETF Fund	Medium	Low to Medium
BMO Resource Fund	High	Medium to High
BMO SIA Focused North American Equity Fund	Low to Medium	Medium
BMO 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 Annual Management Fee	New Annual Management Fee
BMO Asian Growth and Income Fund	A	2.25 %	1.95 %
BMO Asian Growth and Income Fund	Advisor	2.25 %	1.95 %
BMO Asian Growth and Income Fund	T6	2.25 %	1.95 %
BMO Asset Allocation Fund	A	1.75 %	1.45 %
BMO Asset Allocation Fund	Advisor	1.75 %	1.45 %
BMO Asset Allocation Fund	G	0.85 %	0.80 %
BMO Asset Allocation Fund	T6	1.75 %	1.45 %
BMO Canadian Equity ETF Fund	A^1	0.75 %	0.55 %
BMO Canadian Equity ETF Fund	F^1	0.20 %	0.05 %
BMO Canadian Equity Fund	A	2.00 %	1.50 %
BMO Canadian Equity Fund	Advisor	2.00 %	1.50 %
BMO Canadian Small Cap Equity Fund	A	2.00 %	1.60 %
BMO Canadian Small Cap Equity Fund	Advisor	2.00 %	1.60 %
BMO Canadian Stock Selection Fund	A	1.80 %	1.50 %
BMO Canadian Stock Selection Fund	Advisor	1.80 %	1.50 %
BMO Core Bond Fund	A	0.95 %	0.85 %
BMO Core Bond Fund	Advisor	0.95 %	0.85 %
BMO Core Plus Bond Fund	A	1.15 %	0.90 %
BMO Core Plus Bond Fund	Advisor	1.15 %	0.90 %
BMO Core Plus Bond Fund	G	0.75 %	0.65 %
BMO Diversified Income Portfolio	A	1.75 %	1.35 %
BMO Diversified Income Portfolio	Advisor	1.75 %	1.35 %
BMO Diversified Income Portfolio	T6	1.75 %	1.35 %
BMO Dividend Fund	G	1.00 %	0.85 %
BMO Emerging Markets Bond Fund	F	0.65 %	0.60 %
BMO Emerging Markets Fund	A	2.00 %	1.70 %
BMO Emerging Markets Fund	Advisor	2.00 %	1.70 %
BMO Enterprise Fund	Advisor	2.35 %	2.00 %
BMO European Fund	A	2.00 %	1.65 %
BMO European Fund	Advisor	2.00 %	1.65 %
BMO Global Dividend Fund	A	1.90 %	1.60 %
BMO Global Dividend Fund	Advisor	1.90 %	1.60 %
BMO Global Dividend Fund	T6	1.90 %	1.60 %
BMO Global Small Cap Fund	A	2.25 %	1.85 %
BMO Global Small Cap Fund	Advisor	2.25 %	1.85 %
BMO Global Strategic Bond Fund	A	1.75 %	1.20 %
BMO Global Strategic Bond Fund	Advisor	1.75 %	1.20 %
BMO Growth & Income Fund	Advisor	1.85 %	1.50 %
BMO Growth & Income Fund	T8	1.85 %	1.50 %
BMO Growth Opportunities Fund	A	1.80 %	1.55 %
BMO Growth Opportunities Fund	Advisor	1.80 %	1.55 %
BMO International Equity ETF Fund	A^1	0.85 %	0.70 %
BMO International Equity ETF Fund	F^1	0.30 %	0.20 %
BMO International Value Fund	A	1.90 %	1.75 %
BMO International Value Fund	Advisor	1.90 %	1.75 %
BMO Money Market Fund	A^2	0.60 %	0.32 %
BMO Money Market Fund	Advisor^2	0.60 %	0.32 %
BMO Money Market Fund	ETF	0.28 %	0.12 %
BMO Money Market Fund	F^2	0.20 %	0.12 %
BMO Monthly High Income Fund II	A	1.85 %	1.60 %
BMO Monthly High Income Fund II	Advisor	1.85 %	1.60 %
BMO Monthly High Income Fund II	T5	1.85 %	1.60 %
BMO Monthly High Income Fund II	T8	1.85 %	1.60 %
BMO Monthly Income Fund	G	0.90 %	0.85 %
BMO Mortgage and Short-Term Income Fund	A^3	1.25 %	0.92%^4
BMO Mortgage and Short-Term Income Fund	Advisor^3	1.25 %	0.92%^4
BMO Mortgage and Short-Term Income Fund	F^3	0.35 %	0.42%^4
BMO North American Dividend Fund	A	2.00 %	1.50 %
BMO North American Dividend Fund	Advisor	2.00 %	1.50 %
BMO North American Dividend Fund	T6	2.00 %	1.50 %
BMO Precious Metals Fund	A	2.00 %	1.85 %
BMO Precious Metals Fund	Advisor	2.00 %	1.85 %
BMO Resource Fund	A	2.00 %	1.85 %
BMO Resource Fund	Advisor	2.00 %	1.85 %
BMO SelectTrust® Fixed Income Portfolio	A	1.70 %	1.20 %
BMO SelectTrust® Fixed Income Portfolio	Advisor	1.70 %	1.20 %
BMO SelectTrust® Fixed Income Portfolio	T6	1.70 %	1.20 %
BMO Sustainable Global Balanced Fund	A	1.70 %	1.60 %
BMO Sustainable Global Balanced Fund	Advisor	1.70 %	1.60 %
BMO Tactical Balanced ETF Fund	G	0.95 %	0.85 %
BMO Tactical Dividend ETF Fund	G	1.00 %	0.90 %
BMO Tactical Global Asset Allocation ETF Fund	F	0.65 %	0.55 %
BMO Tactical Global Asset Allocation ETF Fund	F4	0.65 %	0.55 %
BMO Tactical Global Equity ETF Fund	F	0.70 %	0.60 %
BMO Tactical Global Equity ETF Fund	F6	0.70 %	0.60 %
BMO U.S. Dollar Balanced Fund	A	1.55 %	1.50 %
BMO U.S. Dollar Balanced Fund	Advisor	1.55 %	1.50 %
BMO U.S. Dollar Money Market Fund	A^5	1.00 %	0.49 %
BMO U.S. Dollar Money Market Fund	Advisor^5	1.00 %	0.49 %
BMO U.S. Dollar Money Market Fund	F^5	0.80 %	0.29 %
BMO U.S. Dollar Money Market Fund	O^6	0.00 %	0.05%^4
BMO U.S. Dollar Monthly Income Fund	A	1.85 %	1.50 %
BMO U.S. Dollar Monthly Income Fund	Advisor	1.85 %	1.50 %
BMO U.S. Dollar Monthly Income Fund	T5	1.85 %	1.50 %
BMO U.S. Dollar Monthly Income Fund	T6	1.85 %	1.50 %
BMO U.S. Equity ETF Fund	A^1	0.80 %	0.58 %
BMO U.S. Equity ETF Fund	F^1	0.25 %	0.08 %
BMO U.S. Equity Fund	A	2.00 %	1.50 %
BMO U.S. Equity Fund	A (Hedged)	2.00 %	1.50 %
BMO U.S. Equity Fund	Advisor	2.00 %	1.50 %
BMO U.S. Equity Fund	Advisor (Hedged)	2.00 %	1.50 %
BMO U.S. Equity Plus Fund	A	1.80 %	1.55 %
BMO U.S. Equity Plus Fund	Advisor	1.80 %	1.55 %
BMO World Bond Fund	A	1.75 %	0.95 %
BMO World Bond Fund	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 visit Mutual Funds | BMO Global Asset Management (bmogam.com).

"BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, 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 of Montreal.

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 Group
BMO 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

Media Contact: Jeff Roman, Toronto, [email protected], [phone]