BMO Announces Changes to BMO Fixed Income ETF Portfolio

TORONTO, April 24, 2025 /CNW/ - BMO Investments Inc. ("BMOII"), as the manager of the BMO Mutual Funds, today announced the termination of Series T6 of BMO Fixed Income ETF Portfolio (the "Terminating Series") on or about July 11, 2025 (the "Termination Date").

Effective after close of business today, no further direct subscriptions for units of the Terminating Series will be accepted by BMOII. The rights of unitholders of the Terminating Series to exchange or redeem units of the Terminating Series will cease as of the Termination Date. All units of the Terminating Series held by investors after such date will be subject to a mandatory redemption as of the Termination Date.

On or about the Termination Date, all units of the Terminating Series then outstanding will be redeemed and each holder of Terminating Series units will receive redemption proceeds equal to the net asset value of those units on that date.

Further details of the termination will be mailed to unitholders of record of the Terminating Series at least 60 days prior to the Termination Date.

For more information on BMO Mutual Funds, please visit www.bmogam.com.

Commissions, management fees and expenses may be associated with investments in mutual funds. Trailing commissions may be associated with investments in mutual funds. Please read the Fund Facts and simplified prospectus of the relevant mutual fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

BMOII is a separate entity from Bank of Montreal.

"BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

SOURCE BMO Financial Group