Terms & Conditions

Please read these terms and conditions of use of our website carefully. By using this website, you agree to these terms and conditions as well as any future revisions. We periodically review and update the terms and conditions, and you can always find the latest version here. If you do not agree to the terms and conditions below do not access this website or any pages thereof. The terms and conditions will apply irrespective of the specific use made by users of this website.

Privacy

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

No Offer, Advice or Solicitation

This website is for information purposes only and does not constitute investment advice, professional advice or recommendation and is not intended to constitute financial, accounting, legal or tax advice. Nothing on the website should be construed as a recommendation or solicitation, by us, to buy or an offer to sell, a security, or another product or service, or to engage in any investment strategy or transaction, or a representation about the suitability or appropriateness of any product or service. Many factors unknown to us relating to your own circumstances may affect the applicability of any statement or comment that we make on this website to your particular circumstances. Specifically, the products or services described may have tax implications for you. Investors should consult their professional advisors/consultants regarding the suitability of the investment solutions mentioned on this site.

Availability of Investment Products and Services

This website describes products and services that may be registered for sale or use only in certain countries and jurisdictions. Moreover, certain of the products and services offered under the brand name, BMO Global Asset Management, are designed specifically for various categories of investors in Canada and may not be available to all investors. This website does not offer or promote any product or service in a jurisdiction where such offer or solicitation is prohibited. 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. Prospective investors who are not resident in Canada should contact their financial representative to determine if securities may lawfully be sold in their jurisdiction.

Investment Risk Disclosure

BMO ETFs refers to certain exchange traded funds which are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal. BMO Mutual Funds refers to certain mutual funds and/​or series of mutual funds offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal.

Past performance is not indicative of future results. It should not be construed as investment advice or relied upon in making an investment decision. 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.

Commissions, management fees and expenses may be associated with investments in mutual funds and exchange traded funds (ETFs). Trailing commissions may be associated with investments in mutual funds. Please read the prospectus before investing. The indicated rates of return for a fund are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds and ETFs are not insured by Canadian Deposit Insurance Corporation (CDIC) or any other government deposit insurer and are not guaranteed by Bank of Montreal. There can be no assurances that a money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

Please speak to your advisor before investing. BMO ETFs and ETF Series of the BMO Mutual Funds trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value.

Forward-Looking Statements

This website may contain forward-looking statements. Any statement that necessarily depends on future events may be a forward-looking statement. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Although such statements are based on assumptions that are believed to be reasonable, there can be no assurance that actual results will not differ materially from expectations. We caution you not to rely unduly on any forward-looking statements as a number of important factors could cause actual events or results to differ materially from those expressed or implied in any forward-looking statement. All opinions in forward-looking statements are subject to change without notice and are provided in good faith but without legal responsibility.

BMO Global Asset Management undertakes no obligation to update publicly or otherwise provide notice of change or revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

Copyright, Trademark and Website Content

The design and content of our website belongs to BMO Global Asset Management. 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, BMO (M-bar roundel symbol) and BMO, Ascent, Intuition, FundSelect, MatchMaker, and SelectTrust are registered trademarks of the Bank of Montreal or its affiliates.

^®/™Registered trademarks/trademark of Bank of Montreal, used under licence.

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 product or service 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 BMO Global Asset Management (or an affiliate) and you. We take reasonable steps to provide up-to-date, accurate and reliable information on the website. All content on this website is presented only as of the date published or indicated and may be superseded by subsequent market events or for other reasons.

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. The views and opinions expressed herein are of BMO Global Asset Management and are subject to change without notice. If there is an inconsistency between the website and the offering documents for a particular fund, the provisions of the respective offering documents shall prevail.

We make no promises as to our website security, including the ability to prevent unauthorized access to information you provide through it. Internet software or transmission problems may produce inaccurate or incomplete copies of information and materials that may be downloaded and displayed on a user’s computer. BMO Global Asset Management is not liable for any damages, changes, or omissions that occur during transmission of information and materials.

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.

No Liability

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

Third Party Links and Content

This website may contain links to other sites that BMO Global Asset Management does not own or operate. Also, links to this website may be featured on third party websites on which we advertise, or in instances that we have not endorsed. Links to other websites or references to products, services or publications other than those of BMO Global Asset Management on this website do not imply the endorsement or approval of such websites, products, services or publication by BMO global Asset Management. We do not manage, and we are not responsible for, the digital marketing and cookie practices of third parties. The linked websites have separate and independent privacy statements, notices and terms of use, which we recommend you read carefully.

Any content from or links to a third-party website 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.

Disclosure of Third-Party Data Providers

Third-party data and content 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® and the Bloomberg Indices (defined below) are service marks of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”) including Bloomberg Index Services Limited (“BISL”), the administrator of the Bloomberg Indices (collectively, “Bloomberg”), and have been licensed for use for certain purposes by BMO Asset Management Inc. The BMO ETFs are not sponsored, endorsed, sold or promoted by Bloomberg. Bloomberg does not make any representation or warranty, express or implied, to the owners of or counterparties to the BMO ETFs or any member of the public regarding the advisability of investing in securities generally or in the BMO ETFs particularly. The only relationship of Bloomberg to BMO Asset Management Inc. is the licensing of certain trademarks, trade names and service marks and of Bloomberg Emerging Markets Tradable External Debt (EMTED) GDP Weighted Capped Index CAD Hedged, the Bloomberg U.S. High Yield Very Liquid Index CAD Hedged, the Bloomberg U.S. High Yield Very Liquid Index, the Bloomberg MSCI US High Yield Liquid Corporate Sustainability SRI Index, the Bloomberg US Government Inflation-Linked 0-5 Year Bond Index, the Bloomberg U.S. Long Treasury Bond Index, the Bloomberg U.S. Treasury 20+ Year Index, the Bloomberg U.S. Treasury 5-10 Year Bond Index, the Bloomberg US Investment Grade 5 to 10 Year Corporate Bond Capped Index CAD Hedged, the Bloomberg US Investment Grade 5 to 10 Year Corporate Bond Capped Index, the Bloomberg U.S. Treasury 1-5 Year Bond Index and the Bloomberg US Investment Grade 1 to 5 Year Corporate Bond Capped Index CAD Hedged, (collectively, the “Bloomberg Indices”), which are determined, composed and calculated by BISL without regard to BMO Asset Management Inc. or the BMO ETFs. Bloomberg has no obligation to take the needs of BMO Asset Management Inc. or the owners of the BMO ETFs into consideration in determining, composing or calculating the Bloomberg Indices. Bloomberg is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the BMO ETFs to be issued. Bloomberg shall not have any obligation or liability, including, without limitation, to the BMO ETFs customers, in connection with the administration, marketing or trading of the BMO ETFs.

The BMO ETFs are not in any way sponsored, endorsed, sold or promoted by FTSE Global Debt Capital Markets Inc. (“FGDCM”), FTSE International Limited (“FTSE”), Frank Russell Company (“Frank Russell”), FTSE Fixed Income LLC (“FTSE FI”) or the London Stock Exchange Group companies (together with FGDCM, FTSE, Frank Russell and FTSE FI, the “Licensor Parties”). The Licensor Parties make no claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the “FTSE Canada 1-10 year A+ Corporate Bond Index^™”, “FTSE Canada 1-10 year BBB Corporate Bond Index^™”, “FTSE Canada All Corporate Bond Index™”, “FTSE Canada All Government Bond Index™”, “FTSE Canada Long Term Corporate Bond Index^™”, “FTSE Canada Long Term Federal Bond Index^™”, “FTSE Canada Long Term Provincial Bond Index^™”, “FTSE Canada Mid Term Corporate Bond Index^™”, “FTSE Canada Mid Term Federal Bond Index^™”, “FTSE Canada Mid Term Provincial Bond Index^™”, “FTSE Canada NHA MBS 975 Index”, “FTSE Canada Real Return Federal Non-Agency Bond Index^™”, “FTSE Canada Short Term Corporate Bond Index^™”, “FTSE Canada Short Term Federal Bond Index^™”, “FTSE Canada Short Term Overall Bond Index™”, “FTSE Canada Short Term Provincial Bond Index^™”, “FTSE Canada Universe Discount Bond Index™”, “FTSE Canada Universe Bond Index^™”, “FTSE Developed ex Korea Consumer Discretionary Capped 100% Hedged to CAD Index” and “FTSE Developed ex Korea Consumer Staples Capped 100% Hedged to CAD Index” (collectively, the “FTSE Indices”), (ii) the figure at which any of the FTSE Indices stands at any particular time on any particular day or otherwise, or (iii) the suitability of a FTSI Index for the particular purpose to which is it being put in connection with the BMO ETFs. Each of the FTSE Indices is compiled and calculated by FGDCM of FTSE and all copyright in any of the FTSE Indices values and constituent lists vests in FGDCM or FTSE, respectively. The Licensor Parties shall not be liable (whether in negligence or otherwise) to any person for any error in any of the FTSE Indices and the Licensor Parties shall not be under any obligation to advise any person of any error therein. “FTSE®” is a trademark of the London Stock Exchange Group companies and is used under licence.

The BMO ETFs or securities referred to on this website are not sponsored, endorsed, or promoted by MSCI Inc., and MSCI Inc. bears no liability with respect to any such BMO ETFs or securities or any MSCI 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 Inc. has with BMO Asset Management Inc. and any related BMO ETFs.

The BMO ETFs or securities referred to on this website are not sponsored, endorsed, or promoted by MSCI ESG Research LLC or Bloomberg Index Services Limited, and they bear no liability with respect to any such BMO ETFs or securities or any MSCI 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 ESG Research LLC or Bloomberg Index Services Limited, have with BMO Asset Management Inc. and any related BMO ETFs.

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

Standard & Poor’s®, S&P®, S&P 500® S&P MidCap 400® and S&P Smallcap 600® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones®, Dow Jones Industrial Average®, and DJIA® are registered trademarks of Dow Jones Trademark Holdings LLC (“Dow Jones”); TSX® is a registered trademark of TSX, Inc. (“TSX”); BNY Mellon® is a registered trademark of The Bank of New York Mellon (“BNY”), and Brookfield® is a registered trademark of Brookfield Office Properties Inc. and/or its affiliates (“Brookfield”). These trademarks have been licensed to S&P Dow Jones Indices LLC and/or its affiliates and have been sublicensed for use by the BMO Asset Management Inc. in connection with certain BMO ETFs. S&P 500® Index, S&P 500® Hedged to Canadian Dollars Index, S&P Global Clean Energy Index, S&P MidCap 400® Index, S&P SmallCap 600® Index, S&P/TSX Capped Composite Index, Dow Jones Brookfield Global Infrastructure North American Listed Index, Dow Jones Industrial Average (CAD hedged) and Dow Jones North America Select Junior Gold Index (the “Indices”) are products of S&P Dow Jones Indices LLC, its affiliates and/or third party licensors and have been licensed for use by BMO Asset Management Inc. The BMO ETFs are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, its affiliates, or third party licensors, including, without limitation, S&P, TSX, BNY, Brookfield and/or their respective affiliates (collectively, “S&P Dow Jones Indices Parties”) and S&P Dow Jones Indices Parties make no representation regarding the advisability of trading or investing in the BMO ETFs nor do they have any liability for any errors, omissions, or interruptions of the Indices.

The BMO ETFs are not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Solactive Canadian Bank Income Index, Solactive Equal Weight Canada Banks Index, Solactive Equal Weight Canada Industrials Index, Solactive Equal Weight Canada Oil & Gas Index, Solactive Equal Weight Canada REIT Index, Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged, Solactive Equal Weight Global Gold Index, Solactive Equal Weight US Bank Index Canadian Dollar Hedged, Solactive Equal Weight US Bank Index, Solactive Equal Weight US Health Care Index, Solactive Equal Weight US Health Care Index Canadian Dollar Hedged, Solactive Equal Weight Canada Utilities Index, Solactive GBS Japan Large & Mid Cap Index, Solactive Media and Communications Index, Solactive Laddered Canadian Preferred Share Index, Solactive US Preferred Share Select Hedged to CAD Index (NTR) and Solactive US Preferred Share Select Index (NTR) (collectively, the “Solactive Indices”) or trademarks or the Solactive Indices prices at any time or in any other respect. The Solactive Indices are calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Solactive Indices are calculated correctly. Irrespective of its obligations towards BMO Asset Management Inc., Solactive AG has no obligation to point out errors in the Solactive Indices to third parties including but not limited to investors and/or financial intermediaries of the BMO ETFs. Neither publication of the Solactive Indices by Solactive AG nor the licensing of the Solactive Indices or Solactive Indices trademarks for the purpose of use in connection with the BMO ETFs constitutes a recommendation by Solactive AG to invest capital in the BMO ETFs nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in the 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 or require a login and are restricted to authorized users only. 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.

Canada

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 Series A, Series A (Hedged) and Series G securities of the BMO Mutual Funds.

Investment products including mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

Additional regulatory information can be found here: Legal and Regulatory Documents.

United States

Taft-Hartley and Trust and Custody 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

Questions as to investments or services should be directed to your local BMO Global Asset Management office or contact.

Date: August 2022