Bmo fund merger

bmo fund merger

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Commissions, trailing commissions if applicablemanagement fees and expenses reasonably possible following its merger.

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Effective May 24, , the Terminating Series were closed to new investments. No redemption fees are payable upon the redemption or termination. The Proposed Merger is intended to be effective on or about September 13, The Independent Review Committee of the Terminating Fund. The purposes of the Proposed Merger are to streamline BPIC's product offering, achieve economies of scale and provide diversification benefits to unitholders.
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Ian lyngen

Regulators remain indifferent as clients are misled and advisors are censored, writes John De Goey. The Proposed Merger is intended to be effective on or about September 13, More than 1, institutional and individual Canadian investors participated, the firm said. The purposes of the Proposed Merger are to streamline BPIC's product offering, achieve economies of scale and provide diversification benefits to unitholders. Corporate-class funds, designed as a tax-efficient vehicle for non-registered investing, lost some of their advantages in when legislation made switching between classes a disposition at fair market value for tax purposes.