BMO Financial Group is changing distribution frequency for BMO ETFs to simplify investment decisions for its customers. BMO ETFs will now pay monthly distributions on 14 funds that previously paid distributions on a quarterly basis.
BMO is also changing the distributions on nine funds a quarterly basis to an annual basis. BMO’s monthly distributing ETFs include the BMO Short Federal Bond Index ETF, while its quarterly distributing ETFs include the BMO Dow Jones Canada Titans 60 Index ETF and the annual distributing ETFs include the BMO Junior Gold Index ETF.
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