Proposed changes not cost-effective
BMO Investments Inc. announced that, at shareholders meetings held earlier today, it received approval to proceed with the merger of the BMO U.S. Equity Class Fund into the BMO Global Dividend Class Fund.“As a result of this merger, shareholders of BMO U.S. Equity Class will now have the potential to achieve greater geographic and portfolio […]
Unitholder meetings scheduled for May 5
Series I and D units to provide investors with more purchase options
Fixed administration fee will provide investors with greater certainty in respect to each fund’s MER
Multiple declarations would be replaced with a master decalaration of trust to simplify and update the administration of the funds
BMO, TD lines to be converted
New maintenance-free portfolios automatically adjust asset mix based on investor’s time horizon and offer guaranteed maturity amount
Two funds will see their investment objectives and names changed on April 30
BMO Investments Inc. today announced proposed changes to BMO Global Balanced Class and BMO Short-Term Income Class, which will be effective April 30.Subject to shareholder approval, the investment objectives for BMO Global Balanced Class will be revised to allow this fund to invest primarily in dividend-yielding common and preferred shares of companies from around the […]