BMO Asset Management is reducing the management fee for two ETFs.
Effective on or about November 1, 2012, the maximum annual management fee for BMO S&P 500 Hedged to CAD Index ETF (ZUE) will be reduced by 31.8% to 15bps.
The maximum annual management fee for BMO Aggregate Bond Index ETF (ZAG) will be reduced by 28.6% to 20bps.
Originally published on Advisor.ca
