Like the idea of getting paid to wait?
BMO has you covered…
• Targeted exposure to Canadian Banks
• 6.7 cents monthly distribution
• MER2 – 0.73%
• Series F code – BMO95765
• Fund profile and fund facts
• $250,000 = $1,479.09 a month3
• 100% European dividend paying stocks
• Hedged to CAD to remove currency volatility
• 5.8 cents monthly distribution
• MER2 – 0.73%
• Series F code – BMO95767
• Fund profile and fund facts
• $250,000 = $1,434.454
• 100% Canadian dividend paying stocks
• Broadly diversified across sectors
• 5.1 cents monthly distribution
• MER2 – 0.73%
• Series F code - BMO95127
• Fund profile and fund facts
• $250,000 = $1,414.72 a month5
• Income from equity portfolios
• Broadly diversified across global securities
• 5.5 cents monthly distribution
• MER2 – 0.73%
• Series F code – BMO95166
• Fund profile and fund facts
• $250,000 = $1,305.53 a month6
• 100% U.S. dividend paying
• Broadly diversified across sectors
• 5.2 cents monthly distribution
• MER2 – 0.73%
• Series F code – BMO95766
• Fund profile and fund facts
• $250,000 = $1,053.06 a month7
Fund Performance (%)1 | 1-Month | 3-Month | 1-Year | 2-Year | 3-Year | 5-Year | Since Inception | Inception Date |
---|---|---|---|---|---|---|---|---|
BMO Covered Call Canadian Banks ETF Fund - Series F | 3.3 | 5.6 | 17.7 | 8.5 | 3.6 | 8.0 | 8.1 | 28-Apr-16 |
BMO Covered Call U.S. High Dividend ETF Fund - Series F | -0.4 | 4.2 | 14.3 | 13.2 | 8.0 | 9.6 | 9.0 | 28-Apr-16 |
BMO Covered Call Europe High Dividend ETF Fund - Series F | 2.1 | 0.9 | 15.1 | 17 | 9.2 | 8.3 | 7.8 | 28-Apr-16 |
BMO Covered Call Canada High Dividend ETF Fund - Series F | 2.0 | 4.3 | 15.2 | 8.0 | 5.9 | 6.5 | 5.7 | 14-May-18 |
BMO Global Enhanced Income Fund - Series F | 0.7 | 4.4 | 17.1 | 13.9 | - | - | 9.5 | 30-May-22 |
* As compared to an investment that generates an equivalent amount of interest income.
1 As of August 31, 2024. Annualized Distribution Yield: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV.
2 Management Expense Ratio (MER) as of September 30, 2023.
3 $250,000 invested on September 3, 2024 would generate $1,479.09 a month ($250,000/$11.3245 = 22,076.03 units paying $0.067 per unit).
4 $250,000 invested on September 3, 2024 would generate $1,434.45 a month ($250,000/$10.1084 = 24,731.91 units paying $0.058 per unit).
5 $250,000 invested on September 3, 2024 would generate $1,414.72 a month ($250,000/$9.0124= 27,739.56 units paying $0.051 per unit).
6 $250,000 invested on September 3, 2024 would generate $1,305.53 a month ($250,000/$10.5321 = 23,736.96 units paying $0.055 per unit).
7 $250,000 invested on September 3, 2024 would generate $1,053.06 a month ($250,000/$12.345 = 20,251.11 units paying $0.052 per unit).
IMPORTANT DISCLAIMERS
FOR ADVISOR USE ONLY. No portion of this communication may be reproduced or distributed to clients as it may not comply with Sales Communications requirements.
Series F units are only available to investors who participate in eligible wrap programs or flat fee accounts with their registered dealers that have entered into a Series F Agreement with BMO Investment Inc.
Distribution yields are calculated by using the most recent regular distribution, or expected distribution, (which may be based on income, dividends, return of capital, and option premiums, as applicable) and excluding additional year end distributions, and special reinvested distributions annualized for frequency, divided by current net asset value (NAV). Distributions are not guaranteed, may fluctuate and are subject to change and/or elimination. Distribution rates may change without notice (up or down) depending on market conditions and NAV fluctuations. The payment of distributions should not be confused with a BMO Mutual Fund’s performance, rate of return or yield. If distributions paid by a BMO Mutual Fund are greater than the performance of the investment fund, your original investment will shrink. Distributions paid as a result of capital gains realized by a BMO Mutual Fund, and income and dividends earned by a BMO Mutual Fund, are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, you will have to pay capital gains tax on the amount below zero.
Distributions, if any, for all series of securities of a BMO Mutual Fund (other than ETF Series) are automatically reinvested in additional securities of the same series of the applicable BMO Mutual Fund, unless the securityholder elects in writing that that they prefer to receive cash distributions. For ETF Series securities of a BMO Mutual Fund, distributions, if any, may be paid in cash or reinvested automatically in additional ETF Series securities of the applicable BMO Mutual Fund and the ETF Series securities will be immediately consolidated such that the number of outstanding ETF Series securities following the distribution will equal the number of ETF Series securities outstanding prior to the distribution. If a securityholder is enrolled in a distribution reinvestment plan, distributions, if any, will be automatically reinvested in additional ETF Series securities of the applicable BMO Mutual Fund pursuant to the distribution reinvestment plan. For further information, see the distribution policy for the applicable BMO Mutual Fund in the simplified prospectus.
Commissions, trailing commissions (if applicable), management fees and expenses all may be associated with mutual fund investments. Please read the fund facts or prospectus of the relevant mutual fund before investing. The indicated rates of return are the historical annual compounded total returns for the period indicated including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. 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 BMO Mutual Funds, please see the specific risks set out in the prospectus.
BMO Global Asset Management is a brand name that 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.
®/™Registered trademarks/trademark of Bank of Montreal, used under licence.
Date of publication: July 18, 2024.