BMO Investments Inc. has made enhancements to its mutual fund lineup, providing Canadian investors with easier fund access, increased investing opportunities and industry-leading pricing, says the firm.
The changes include:
- BMO reduced the Series F management fees across its mutual fund lineup, providing investors with increased access to lower cost mutual funds within fee-based accounts. BMOII offers 67 Series F Mutual Funds; and
- The firm also offers new BMO Mutual Funds – Series D, a suite of 33 funds currently available exclusively through BMO InvestorLine. Series D provides BMO InvestorLine self-directed clients with access to a full suite of professionally-managed mutual funds at a low cost.
“BMO created Series D funds specifically for our InvestorLine self-directed clients in order to provide them with access to low-fee mutual fund options,” says Julie Barker-Merz, president, BMO InvestorLine. “This offering is the latest example of our ongoing commitment to meeting our clients’ evolving needs by providing them with different investing options in a more convenient and affordable way.”