Performance data quoted represents past performance and past performance is not a guarantee of future results. Investment returns and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Mutual fund performance changes over time and current performance may be lower or higher than what is stated. To receive the most recent month-end performance, call 1-800-236-3863.
Returns are pre-tax. An investor should consider his or her current and anticipated investment horizon and income tax bracket when making an investment decision as the illustration above does not reflect these factors. For more information about performance, please contact your investment professional. For more information about performance, please contact your investment professional. Total returns for periods of one year or less are cumulative.
Net Expense Ratios reflect contractual fee waivers and/or expense reimbursements made by BMO Asset Management Corp., the investment adviser (Adviser). The Adviser may not terminate these fee waivers and/or expense reimbursements prior to December 31, 2020 without the consent of the Board of Directors, unless the investment advisory agreement is terminated. Without these contractual waivers, the Funds’ returns would have been lower. Please see the prospectus for more information.
The iMoneyNet Money Fund Report Tax-Free National Retail Index is an average of money funds with investment objectives similar to that of the BMO Tax-Free Money Market Fund. Investments cannot be made in an index.
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund does not intend to impose a fee upon sale of your shares or temporarily suspend your ability to sell shares if the Fund’s liquidity falls below required minimums because of market conditions or other factors, but reserves the right to change this policy, subject to providing advance notice of any such change. An investment in the Fund is not a deposit of BMO Harris Bank N.A., or any of its affiliates, and is not insured or guaranteed by the FDIC or any other government agency. The Adviser has no legal obligation to provide financial support to the Fund, and you should not expect that the Adviser will provide financial support to the Fund at any time.
Interest income from the Fund’s investments may be subject to the federal alternative minimum tax (AMT) for individuals and corporations, and state and local taxes.
Weighted average maturity (WAM) is the average time of the remaining terms to maturity of the securities held, or where puttable at par to those securities’ earlier put dates.
Weighted average life (WAL) is a dollar-weighted average of the maturity of a fund’s portfolio, using the stated final maturity date of the securities held – the date on which the fund has an unconditional right to receive payment of principal and interest.
Lipper Tax-Exempt Money Market Funds Index is comprised of funds that invest in high-quality municipal obligations with a weighted average maturity of 60 days or less. Beneficial owners are limited to natural persons. These funds intend to keep constant net asset value.
¹ Current and effective 7-day yield displayed as of today’s date. Yield will vary. The yield quotations for money market funds more closely reflect the current earnings of the fund than the total return quotations. The 7-day effective yield is based on the 7-day yield and is then compounded and annualized. Total returns for periods of less than one year are cumulative.