Toronto-based BMO Investments Inc. announced on Friday the addition of “F6” series to multiple mutual funds and exchange-traded funds (ETF) for fee-based advisors.
“Given the growth of fee-based investing and the fact that more advisors are turning to it, our goal is to continue to offer more choice and access to these low cost solutions,” says Kevin Gopaul, senior vice president and chief investment officer with BMO Asset Management Inc., in a statement.
The new series will provide regular monthly cash flow within fee-based accounts and will be available on the following products:
- BMO Global Dividend Fund
- BMO Dividend Fund
- BMO Global Equity Fund
- BMO Asian Growth & Income Fund
- BMO Tactical Global Equity ETF Fund
- BMO Tactical Dividend ETF Fund
- BMO European Fund
- BMO North American Dividend Fund
- BMO Income ETF Portfolio
- BMO Conservative ETF Portfolio
- BMO Balanced ETF Portfolio
- BMO Growth ETF Portfolio
- BMO Equity Growth ETF Portfolio
There is also a “Series F” for BMO’s six SelectTrust Portfolios.