Toronto-based BMO Investments Inc. announced on Tuesday that it plans to terminate certain series of several of its mutual funds.

Effective immediately, BMO will no longer accept purchase orders for Series I securities of the following funds:

  • BMO SelectClass Income Portfolio;
  • BMO SelectClass Balanced Portfolio;
  • BMO SelectClass Growth Portfolio;
  • BMO SelectClass Equity Growth Portfolio;
  • BMO Canadian Tactical ETF Class; and
  • BMO Global Tactical ETF Class.

In addition, BMO will terminate each of these series on Nov. 13.

Also effective Nov. 13, BMO will terminate Series T5 of the following funds:

  • BMO SelectTrust Conservative Portfolio;
  • BMO SelectTrust Growth Portfolio;
  • BMO SelectTrust Equity Growth;
  • BMO SelectClass Growth Portfolio; and
  • BMO SelectClass Equity Growth Portfolio.

On that same day, Series T8 of the following funds will end:

BMO SelectTrust Growth Portfolio;
BMO SelectTrust Equity Growth Portfolio; and
BMO SelectClass Growth Portfolio.