Our Terms & Conditions

Welcome to the BMO Global Asset Management website. Please read this section carefully. It details the terms and conditions of using our website. We periodically review and update them, and you can always find the latest version here. By using this website, you agree to the terms and conditions.

BMO Global Asset Management

BMO Global Asset Management is the brand name for various entities of BMO Financial Group that provide investment management services, institutional client services, and securities products. The entities include BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp., BMO Asset Management Limited, BMO Asset Management Netherlands B.V., Pyrford International Ltd, LGM Investments Limited, Taplin, Canida & Habacht, LLC, and BMO Global Asset Management (Asia) Limited. For more details please click through to the relevant jurisdiction below containing additional country- and region-specific information.

Privacy

Your privacy is important to us. Please read our privacy policy to better understand how we use your information.

Availability of Investment Products and Services

Our website describes products and services that may be registered for sale or use only in certain countries. It does not offer or promote any investment or service where prohibited. As a result, certain areas of our website are limited to investors from certain countries or with a particular investor status. Please only access areas or view content aimed at your country of residence and investor status. Before you make any investment or receive any service, you need to confirm that they are available to you.

Investment Risk Disclosure

There is risk involved with investments, and past performance is not a reliable indicator of future performance. Investment value and returns can go down as well as up and can be affected by exchange rates. Therefore, you may not get back the full amount you invested. In addition, investments may not be insured by any government deposit insurer or other authorised investor compensation scheme, and they are not guaranteed by Bank of Montreal. Investments may also have costs, such as commissions and management fees. Any performance data provided may not account for such costs or taxes.

You should only apply for an investment or service described on our website based on the prospectus, offering documents, supplemental disclosures, or services agreement we give you.

Professional Advice

Our website is general in nature and does not constitute professional advice or recommendation. We base any views we express on available information. Factors relating to your own circumstances may affect how any statement by us applies to you. Specifically, our investments or services may have tax implications for you. Accordingly, you should not act or rely on the information on our website without consulting your appropriate professional advisors.

Copyright and Trademark

The design and content of our website belongs to us. The use, publication, or redistribution (whether uploading or downloading) of any trademarks, logos, or other content displayed on, or any information on our website without our consent is prohibited and may violate our legal rights.

® BMO Global Asset Management, F&C, F&C Monogram, REO, Thames River, Thames River Capital, BMO (M-bar roundel symbol) and BMO, Ascent, Intuition FundSelect, MatchMaker, and SelectTrust are registered trademarks of the Bank of Montreal or its affiliates.

® LinkedIn, the LinkedIn logo, the IN logo and InMail are registered trademarks of LinkedIn Corporation and its affiliates in the United States and/or other countries.

Nothing in this section grants you any right or licence from us, or any other person who owns the content on our website. You can display on your computer, print, download, and use the underlying HTML, text, images, audio or video clips, software and other content on our website only as needed to evaluate whether to invest in a particular investment or request a particular service. However, you (a) must not modify the content, and (b) must show it comes from our website together with any associated copyright notice. No other use is permitted.

Disclaimers

Our website is not intended to, nor does it create, any contract or any other legal rights or obligations between us (or an affiliate) and you.

We are not responsible for any use or misuse of the information on our website. While we take care in building and maintaining our website, we cannot guarantee its availability or promise that the information on it is always accurate or complete. We make no promises as to our website security, including the ability to prevent unauthorized access to information you provide through it. Any content from or links to an external website or third-party are not reviewed or endorsed by us. You use any external websites or third-party content at your own risk. Accordingly, we disclaim any responsibility for them. 

Fees and charges shown are subject to change and may not be immediately updated on our website. Contact your local BMO Global Asset Management office or representative for the most current information.

Liability

To the extent permitted by law, we are not liable for any loss or damage (including any loss of profit or consequential damages) resulting from your use, inability to use, or reliance on the content of our website, regardless of whether we were advised of the possibility.

Disclosure of Third-Party Data Providers

Third-party data on our website may be subject to additional terms. Some of them are posted below. Others may be posted with our content. By continuing to use our website, you agree to read and comply with the additional terms.

Bloomberg Index Services Limited

Bloomberg® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.

Dow Jones Industrial Average Index CAD Hedged

Dow Jones Industrial Average Index CAD Hedged is a product of Dow Jones Opco, LLC (“Dow Jones Opco”), a subsidiary of S&P Dow Jones Indices LLC, and has been licensed for use. “Dow Jones®” and “Industrial Average Index CAD Hedged” are service marks of Dow Jones Trademark Holdings, LLC (“Dow Jones”), and have been licensed to Dow Jones Opco and sublicensed by BMO Asset Management Inc. in connection with ZDJ, ZWA, and other applicable products. ZDJ and ZWA is not sponsored, endorsed, sold or promoted by Dow Jones Opco, Dow Jones and their respective affiliates, and they make no representation regarding the advisability of trading or investing in ZDJ or ZWA.

FTSE International Limited (“FTSE”) © FTSE 2019

“FTSE®” is a trademark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and/or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and/or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.

Morningstar and Morningstar Rating™

Our website and materials may reference Morningstar Rating™ for funds, or “star rating”, which is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Ratings are subject to change monthly. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. For more details on the calculation of Morningstar star ratings or quartile rankings, please see www.morningstar.ca.

Morningstar © 2019. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein: (1) include the proprietary information of Morningstar and Morningstar’s third party licensors; (2) may not be copied or redistributed except as specifically authorised;(3) do not constitute investment advice;(4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

MSCI Inc.

MSCI Inc. (“MSCI”) does not sponsor, endorse, or promote the BMO ETFs or securities referred to herein, and MSCI bears no liability with respect to any such BMO ETFs or securities or any index on which such BMO ETFs or securities are based. The prospectus of the BMO ETFs contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related BMO ETFs.

The MSCI data is comprised of a custom index calculated by MSCI for, and as requested by BMO Asset Management Limited. The MSCI data is for internal use only and may not be redistributed or used in connection with creating or offering any securities, financial products or indices. Neither MSCI nor any other third party involved in or related to compiling, computing or creating the MSCI data (the “MSCI Parties”) makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and the MSCI Parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to such data. Without limiting any of the foregoing, in no event shall any of the MSCI Parties have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

The MSCI information may only be used for your internal use, many not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrained from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI Parties expressly disclaim all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to the information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com).

Nasdaq®, OMX®, NASDAQ OMX®, Nasdaq-100®, and Nasdaq-100 Index®

Nasdaq®, OMX®, NASDAQ OMX®, Nasdaq-100®, and Nasdaq-100 Index®, are registered trademarks of The NASDAQ OMX Group, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by BMO Asset Management Inc. The BMO Nasdaq 100 Equity Hedged to CAD Index ETF has not been passed on by the Corporations as to its legality or suitability and is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO The BMO Nasdaq 100 Equity Hedged to CAD Index ETF.

S&P Capital IQ (and its affiliates, as applicable)

Copyright © 2019. This may contain information obtained from third parties, including ratings from credit ratings agencies such as Standard & Poor’s. Reproduction and distribution of third party content in any form is prohibited except with the prior written permission of the related third party. Third party content providers do not guarantee the accuracy, completeness, timeliness or availability of any information, including ratings, and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such content.

S&P/BNY Mellon China Select ADR Index and S&P/BNY Mellon India Select DR Index

S&P/BNY Mellon China Select ADR Index and S&P/BNY Mellon India Select DR Index are products of S&P Dow Jones Indices LLC and/or its affiliates (“SPDJI”) and have been licensed for use by BMO Asset Management Inc. for use with certain BMO Asset Management Exchange Traded Funds (“BMO ETFs”). S&P® is a registered trademark of S&P; Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC; BNY Mellon is a registered trademark of The Bank of New York Mellon; and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by BMO Asset Management Inc. for use with certain BMO ETFs and other applicable products. BMO ETFs are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or The Bank of New York Mellon and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of S&P/BNY Mellon China Select ADR Index and S&P/BNY Mellon India Select DR Index.

S&P/BSE 100 Index

S&P/BSE 100 Index (“Index”) is a product of S&P Dow Jones Indices LLC, its affiliates and/or their licensors and has been licensed for use by BMO Asset Management Limited.  Copyright © 2020 S&P Dow Jones Indices LLC, its affiliates and/or their licensors. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices please visit www.spdji.com. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. Neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors shall have any liability for any errors, omissions, or interruptions of any index or the data included therein.

S&P®, S&P/TSX Capped Composite®, S&P 500®

S&P®, S&P/TSX Capped Composite®, S&P 500® are trademarks of Standard & Poor’s Financial Services LLC (“S&P”). “TSX” is a trademark of TSX Inc. These trademarks have been licensed for use by S&P Dow Jones Indices LLC and sublicensed to BMO Asset Management Inc. in connection with ZCN, ZUE, ZSP, ZSP.U, and other applicable products. These BMO ETFs are not sponsored, endorsed, sold or promoted by S&P Dow Jones LLC, S&P, TSX, or their respective affiliates and S&P Dow Jones Indices LLC, S&P, TSX and their affiliates make no representation regarding the advisability of trading or investing in such BMO ETFs.

Communications and Password Protection

We cannot ensure the security of any information or instructions you send to us or that is sent to you over the internet using non-secure means. As a result, we are not responsible for any losses you may incur if you communicate confidential information to us over the internet or if we communicate such information to you at your request.

Parts of our website are password protected. You are responsible for safeguarding any associated user names, security question answers, and passwords.

Governing Law and Jurisdiction

Except where prohibited by the laws of your jurisdiction, the laws of the Province of Ontario and the laws of Canada applicable therein govern all visits, content, and use of our website, as well as these terms and conditions. You also agree that the courts of the Province of Ontario have authority to resolve any dispute arising from your use of our website or any information on it.

Severability and Modification

Any part of these terms and conditions found to be unlawful, void, or unenforceable shall be modified to the extent necessary to make it enforceable. If it cannot be modified, then it shall be removed from these terms and conditions without affecting our ability to rely on the remaining provisions.

In the event of a conflict between these terms and conditions and any applicable agreement between us, the applicable agreement will prevail.

These terms and conditions are to be read together with any terms, conditions, or disclaimers provided on our website or referenced as supplementing these terms and conditions.

Country- and Region-Specific Disclosures

The following terms and conditions apply only to the identified country or region.

BMO Global Asset Management offers financial services in Australia only to residents who are “wholesale clients” within the meaning of Australia Corporations Act 2001 (Cth). If you are not a wholesale client, and you want information about BMO Funds (Australia), please contact Perpetual Trust Services Limited.

BMO Pyrford Global Absolute Return Fund and BMO LGM Global Emerging Markets Fund (“BMO Funds (Australia)”) product disclosure statements are issued by, and available from, Perpetual Trust Services Limited and should be reviewed before making a decision to invest in the BMO Funds (Australia).

The information on this website is for general information only and does not take into account an investor’s objectives, financial situation and needs. Investors should carefully consider the investment objectives, risks, charges and expenses of the BMO Funds (Australia). This and other important information is contained in the relevant offer documents for the BMO Funds (Australia), which you can get by contacting Perpetual Trust Services Limited. Before investing, you should read these documents carefully and obtain advice tailored to your personal circumstances. Past performance is not a reliable indicator of future performance.

BMO Global Asset Management (Asia) Limited (ARBN 618067959) is a registered foreign company in Australia. BMO Global Asset Management (Asia) Limited, Pyrford International Limited, LGM Investments Limited, Taplin, Canida & Habacht, LLC, and BMO Asset Management Corp are exempted from the requirement to hold Australian financial services license under the Corporations Act in respect of financial services they provide to wholesale clients. These companies are incorporated outside of Australia and are authorized and regulated by the laws of their place of incorporation, which differ from Australia law.

Legal entities providing investment advisory services include BMO Asset Management Inc. Some funds or accounts may be advised or sub-advised by other affiliates or third-party advisors as identified in the fund or account documents. BMO Investments Inc. is the principal distributor for the BMO Mutual Funds (except for the ETF Series).

Investment products are not insured by Canadian Deposit Insurance Corporation (CDIC) or any other government deposit insurer and are not guaranteed by Bank of Montreal.

Additional regulatory information can be found here: https://www.bmo.com/gam/ca/advisor/legal-and-regulatory

This website is operated by BMO Asset Management Limited for the UK and Switzerland and BMO Asset Management Netherlands B.V for the European Union.

Legal Entities providing investment products and/or services include the following:

BMO Asset Management Limited registered in England and Wales (Company Registration No. 00517895) with its registered office at Exchange House, Primrose Street, London EC2A 2NY. Authorised and regulated by the Financial Conduct Authority (Reference No.119230).

BMO Fund Management Limited, registered in England and Wales (Company Registration No. 02170242) with its registered office at Exchange House, Primrose Street, London EC2A 2NY. Authorised and regulated by the Financial Conduct Authority (Reference no: 121940).

BMO Investment Business Limited, registered in Scotland (Company Registration No. SC151198) with its registered office at Quartermile 4, 7a Nightingale Way, Edinburgh EH3 9EG. Authorised and regulated by the Financial Conduct Authority (Reference no: 177896).

BMO REP Asset Management plc Investment Business Limited, registered in England and Wales (Company Registration No. 1133893) with its registered office at 7 Seymour Street, London W1H 7JW. Authorised and regulated by the Financial Conduct Authority (Reference no: 119283).

BMO AM Multi-Manager LLP, registered in England and Wales (Company Registration No. OC328350) with its registered office at Exchange House, Primrose Street, London EC2A 2NY. Authorised and regulated by the Financial Conduct Authority (Reference no: 469485).

Thames River Capital LLP, registered in England and Wales (Company Registration No. OC310934) with its registered office at Exchange House, Primrose Street, London EC2A 2NY. Authorised and regulated by the Financial Conduct Authority (Reference no: 426349).

BMO Asset Management Netherlands B.V. Registered Address: Jachthavenweg 109 E, 1081 KM Amsterdam, the Netherlands. Registered in Utrecht under no: 08068841. Regulated by The Netherlands Authority for the Financial Markets (Autoriteit Financiele Markten; the “AFM”) and the Dutch Central Bank (De Nederlandsche Bank; “DNB”).

Pyrford International Limited, registered in England and Wales (Company Registration No. 02096061) with its registered office at 95 Queen Victoria Street, London, EC4V 4HG. Authorised and regulated by the Financial Conduct Authority (Reference no: 122137).

BMO Portugal, Gestão de Patrimónios, S.A.

Registered Address: Rua de Campolide 372 – 1.º Esq., 1070-040 Lisboa, Portugal.

Registered Number: Registered in Lisbon under company no: 502 820 225.

Regulatory Status: Regulated by the Banco de Portugal and by the Comissão do Mercado de Valores Mobiliários (“CMVM”).

Branch offices

France

BMO Asset Management Netherlands B.V., French Branch

Registered Address: 7 Place Vendôme 75001 Paris.

Registration Number: 822 248 928 RCS

Regulatory Status: Registered in Paris (succursale d’une société à responsabilité limitée établie au Royaume-Uni).

Germany

BMO Asset Management Netherlands B.V. Niederlassung Deutschland

Registered Address: 113 Oeder Weg, 60318 Frankfurt am Main; and Oberanger 36, 80331 München, Germany.

Registration Number: The commercial register of the local court of Frankfurt am Main under HRB 55504

Spain

BMO Asset Management Netherlands B.V., Sucursal en España, con Número de Identificación Fiscal (NIF) W3030230A, inscrita en el Registro Mercantil de Madrid, con domicilio en Paseo de la Castellana, 95, Planta 15, 28046, Madrid (Madrid) – España, e inscrita en la Comisión Nacional del Mercado de Valores (CNMV) con número de registro oficial 88. BMO Asset Management Netherlands B.V. es una sociedad inscrita en el Registro Mercantil Amsterdam con el número 08068841 y domicilio social en Jachthavenweg 109 E, 1081 KM Amsterdam, Países Bajos y autorizado y regulado por Stichting Autoriteit voor de Financiële Markten como sociedad de servicios de inversión con número de registro oficial 15003523 y en la CNMV como sociedad de servicios de inversión holandesa actuando en España en libre prestación de servicios con número de registro oficial 277.

BMO Investments (Lux) I Fund – CNMV register number 668

BMO Investments (Ireland) Plc – CNMV register number 1565

BMO Investments II (Ireland) Plc – CNMV register number 1470

BMO Investments III (Ireland) Plc – CNMV register number 832

BMO UCITS ETF – CNMV register number 1436

Sweden

BMO Asset Management Stockholm Filial

Registered Address: Registered in Stockholm with organisation number 516409-7569

Registered Number: Krejaren 2, Östermalmstorg 1, 114 42 Stockholm.

BMO Global Asset Management Stockholm is the secondary name (Sw. birfirma) of BMO Asset Management Stockholm Filial.

Switzerland

BMO Asset Management Limited – Swiss representative office

Registered Address: Claridenstrasse 40, 8002 Zurich, Switzerland.

Registered Number: Authorized and regulated by FINMA and registered in Zurich (Company No: CHE-340.963.099).

Additional Office Address: Geneva Rue Rhone SARL, Rue du Rhone, 14, CH-1204 Geneva.

BMO Hong Kong domiciled funds are managed and administered by BMO Global Asset Management (Asia) Limited, a Hong Kong incorporated subsidiary of Bank of Montreal, authorized and regulated by the Hong Kong Securities and Futures Commission (“SFC”). This website and its contents have not been reviewed by the SFC.

BMO Global Asset Management (Asia) Limited is licensed by the SFC to carry out Type 1 (dealing in securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities. Licensing conditions of the regulated activities are summarized as follows:

  • For Type 1 regulated activity, the licensee shall not conduct business other than: (a) communicating offers to effect dealings in securities to other intermediaries, for the persons from whom those offers are received; (b) introducing persons to other intermediaries, in order that such persons may: (i) effect dealings in securities; or (ii) make offers to deal in securities; and (c) dealing in collective investment schemes. The terms “collective investment scheme” and “dealing” are as defined under the Securities and Futures Ordinance.
  • For Type 9 regulated activity, the licensee shall not provide a service of managing a portfolio of futures contracts for another person unless it is for hedging purpose only.

Investment involves risks. Past performance is not a reliable indicator of future performance. The value of investments and the income from them can go down as well as up, and investors may not get back the original amount invested. Before investing, investors should read the prospectus or offering document for details, including product features and risk factors. You should not make investment decisions based solely on information on this website.

The Chinese version of this website is a translation of the English version. In the event of any inconsistency between the Chinese and the English version, the English version shall prevail.

Legal entities providing investment advisory services include BMO Asset Management Corp. and Taplin, Canida & Habacht, LLC (d/b/a BMO Fixed Income). Some funds or accounts may be advised or sub-advised by other affiliates or third-party advisors as identified in the fund or account documents.

BMO Funds are advised by BMO Asset Management Corp. and distributed by Foreside Financial Services, LLC, a Member of FINRA/SIPC. Investors should carefully consider BMO Funds’ summary prospectus and full prospectus describing investment objectives, risks, charges, and expenses, which can be obtained on our website or by calling 1-800-236-3863.

Taft-Hartley, Trust and Custody, and Securities Lending services are provided by a division of BMO Harris Bank N.A.

Investment products are: Not a Deposit  Not FDIC Insured — No Bank Guarantee — May Lose Value.

General Queries

You can e-mail general queries about our website to [email protected] You should not use this email address for any queries about investments or services. Questions as to investments or services should be directed to your local BMO Global Asset Management office or contact.