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BMO SelectTrust™ Portfolios

Six strategically managed, risk differentiated portfolios that combine our best investment ideas in one easy-to-use portfolio. You have the option to choose a portfolio with a risk level that's suitable for you.

BMO SelectTrust Portfolios provide diversified market and asset exposure through a series of six risk differentiated portfolios. They leverage our best investment ideas in both active and passive investing and may be used as a core portfolio holding. Benefits include:

  • Simple all-in-one solution that saves you valuable time
  • Professional portfolio management with ongoing monitoring
  • Greater choice with a broad suite of portfolio options
  • Our best investment ideas using active and passive investing
  • Portfolios that target a potential maximum return for a given level of risk
  • They can be used as a core holding in your portfolio

BMO SelectTrust Portfolios (Series A)

BMO SelectTrust Portfolios (Series T6)

BMO LifeStage Class Funds

Innovative ETF-based, target-date portfolios that help you meet your financial goals within a specific timeframe. Choose a portfolio to match your investment goals and timeframe.

BMO LifeStage Class Funds are a series of target-date ETF portfolios constructed within a corporate class structure1 to allow you to accumulate capital in a manner as tax-efficient as possible. You can benefit from:

  • Expertly constructed underlying Exchange Traded Funds (ETFs)
  • Annual asset mix shifts that follow a pre-set schedule and are not dependent on market conditions
  • Professionally managed portfolios that shift to a more conservative asset mix as their target-date approaches
  • Tax-deferred growth potential
  • Tax-free switching between other classes of BMO Global Tax Advantage Funds Inc.
  • Range of options – choose the target date funds that suit your investment goals and timeframe

BMO LifeStage Class Funds (Series A)

1BMO LifeStage Class Funds are series classes of BMO Global Tax Advantage Funds Inc. offered by BMO Investments Inc., a financial services firm and separate legal entity from Bank of Montreal.

BMO SelectClass® Portfolios

Designed for investors whose goal is tax-efficient accumulation of capital through features such as tax-deferred growth and tax-efficient monthly cash flow. Choose a portfolio to match the level of risk you're comfortable with.

BMO SelectClass Portfolios are a series of four risk differentiated portfolios constructed within a corporate class structure1 to allow you to accumulate capital in a manner as tax-efficient as possible. You can benefit from:

  • Tax-deferred growth potential
  • Tax-efficient monthly cash flow from Series T6
  • Tax-free switching between other SelectClass Portfolios and classes of BMO Global Tax Advantage Fund Inc.
  • Automatic portfolio rebalancing
  • Professional money management

BMO SelectClass Portfolios (Series A)

BMO SelectClass Portfolios (Series T6)


1 Each BMO SelectClass Portfolio is a class of BMO Global Tax Advantage Funds Inc. BMO Global Tax Advantage Funds Inc. is a separate entity managed by BMO Investments Inc. a financial services firm and separate entity from Bank of Montreal.

BMO LifeStage Retirement Income Portfolios

BMO LifeStage Retirement Income Portfolios are deposits that help meet the needs of investors either planning for retirement or already retired by providing capital protection through guaranteed capital distributions and exposure to the growth potential of BMO Mutual Funds.

BMO LifeStage Retirement Income Portfolios introduce the new Lifetime Cash Flow Version:

  • Steady and predictable cash flow guaranteed to last a lifetime
    • Monthly distributions equivalent to 6.0% each year beginning in year 11 and continuing for life or until cancellation*
    • Monthly distributions characterized as non-taxable capital distributions* from year 11 to year 25 of the scheduled term and taxable interest distributions during any extension period for effective tax deferral until maturity or cancellation
    • Cash flow remains consistent and will not fluctuate with market conditions
  • Opportunity to grow your capital with the LifeStage Retirement Income Portfolio
    • Exposure to the growth potential of BMO Mutual Funds
    • Initial growth phase for the first 10 years of the scheduled term to maximize opportunity for capital appreciation
    • Lifecycle allocation strategy that systematically rebalances to a progressively more conservative position over the scheduled term
    • No tax on annual portfolio rebalancing or distributions from underlying mutual funds in the LifeStage Retirement Income Portfolio to maximize the benefits of compounding returns
Lifetime Cash Flow Version

For investors preparing for retirement who are seeking to protect and potentially grow their capital while receiving guaranteed cash flow for life

Guaranteed Lifetime Distributions
  • Annualized distributions of 6% guaranteed for life starting in year 11
  • Non-taxable capital distributions in years 11 to 25
  • Taxable interest distributions after year 25 for life

Note: Investors must be a minimum of 55 years old at time of purchase. Lifetime Deposits cannot be held jointly and are non-transferable deposits of Bank of Montreal.

*Capital distributions are repayments of principal that will reduce the adjusted cost base of your investment in the Lifetime Deposits (defined below). Capital distributions will only continue until $90 of the principal amount of the $100 Lifetime Deposit has been repaid to the holder, after which no further capital distributions will be made on the Lifetime Deposits until maturity.

Lifetime Deposits do not represent deposits insured under the Canada Deposit Insurance Corporation Act. Capitalized terms used and not otherwise defined herein have the meanings given to them in the Master Information Statement dated October 7, 2010.

Investors should consult their own tax advisors regarding possible tax consequences of an investment in the Lifetime Deposits.

Investments in the BMO LifeStage Retirement Income Deposits are not mutual fund investments. They are investments in principal protected deposit notes issued by Bank of Montreal and will constitute direct, unsecured and unsubordinated debt obligations of Bank of Montreal (the "Lifetime Deposits"). Details regarding the calculations and payments of interest, the LifeStage Retirement Income Portfolio, capital distributions and certain risk factors will be contained in the Master Information Statement and Supplement which will be available through your branch investment professional or on our public website at www.bmo.com/mutualfunds. This summary is issued for information purposes only to provide an overview of the Lifetime Deposits and does not constitute investment advice or an offer to sell or a solicitation to purchase. An investment in Lifetime Deposits is subject to certain risks, which investors should consider. Investors should read the related Master Information Statement and Supplement carefully before investing and discuss their suitability with their branch investment professional. The Lifetime Deposits may not be suitable for all types of investors; the prices and value of the Lifetime Deposits may fluctuate and/or be adversely affected by a number of factors. The fluctuation of the value of the LifeStage Retirement Income Portfolio will directly impact the return, if any, on the Lifetime Deposits. At maturity, the return, if any, will be equal to the amount by which the Deposit Value exceeds the remaining Deposit Balance when the Lifetime Deposit matures. If the Deposit Value is equal to or less than the remaining Deposit Balance then you will not receive any return on your Lifetime Deposits. It is possible that no return will be paid on the Lifetime Deposits.

Neither Bank of Montreal nor any of its subsidiaries and affiliates (collectively, BMO) make any assurances, representations or warranties with respect to accuracy, reliability or completeness of information contained herein. Furthermore, BMO makes no recommendation concerning the Lifetime Deposits or the suitability of investing in securities generally or the Lifetime Deposits in particular. No person has been authorized to give any information or to make any representation not contained in the Master Information Statement and Supplement relating to the Lifetime Deposits and BMO does not accept responsibility for any information not contained in the Master Information Statement and Supplement.

BMO LifeStage Retirement Income Portfolios Current Pay, Deferred 5 Year and Deferred 10 Year provide:

Note: Effective October 1, 2010, the Deferred 10 Year Version is no longer available for purchase.

Effective February 1, 2013, the Deferred 5 Year Version is no longer available for purchase.

  • Guaranteed, Predictable Cash Flow - Annual capital distributions of 6% (payable monthly) for up to 15 years*
  • Tax Efficiency - Generally, pay no tax until the product matures or is sold
  • Lifecycle Asset Allocation - Systematic annual rebalancing to a progressively more conservative position over time
  • Exposure to the growth potential of mutual funds
Current Pay Deferred 5 Year Deferred 10 Year
For investors in retirement or about to begin retirement who are seeking a guaranteed source of tax-efficient cash flow and the potential for growth.


For investors preparing for retirement who are seeking to protect and potentially grow their capital and receive tax-efficient guaranteed cash flow in retirement.

For investors preparing for retirement who are seeking to protect and potentially grow their capital and receive tax-efficient guaranteed cash flow in retirement.

Guaranteed Capital Distributions
  • Annual capital distributions of 6%, guaranteed until principal is repaid*
  • Capital distributions start in year one
  • Annual capital distributions of 6%, guaranteed until principal is repaid*
  • Capital distributions start in year six
  • Annual capital distributions of 6% indexed to inflation, guaranteed until principal is repaid*
  • Annual inflation adjustment during the distribution period
  • Capital distributions start in year eleven


*Capital distributions are repayments of principal that will reduce the adjusted cost base of your investment in the Current Pay Deposits and/or Deferred 5 Year Deposits (together, the "LifeStage Deposits" as further described below).

LifeStage Deposits do not represent deposits insured under the Canada Deposit Insurance Corporation Act. Capitalized terms used and not otherwise defined herein have the meanings given to them in the Master Information Statement dated February 2, 2011.

Investors should consult their own tax advisors regarding possible tax consequences of an investment in the LifeStage Deposits.

Investments in the LifeStage Deposits are not mutual fund investments. They are investments in principal protected deposit notes (the LifeStage Deposits) issued by Bank of Montreal and will constitute direct, unsecured and unsubordinated debt obligations of Bank of Montreal. Details regarding the calculations and payments of interest, the LifeStage Retirement Income Portfolio (LSRI Portfolio), capital distributions, certain risk factors and certain tax consequences of investing in the LifeStage Deposits will be contained in the Master Information Statement and Series Supplement which will be available through your branch investment professional or on our public website at www.bmo.com/lifestageincome. This summary is issued for information purposes only to provide an overview of the LifeStage Deposits and does not constitute investment advice or an offer to sell or a solicitation to purchase. An investment in LifeStage Deposits is subject to certain risks, which investors should consider. Investors should read the related Master Information Statement and Series Supplement carefully before investing and discuss their suitability with their branch investment professional. The LifeStage Deposits may not be suitable for all types of investors; the prices and value of the LifeStage Deposits may fluctuate and/or be adversely affected by a number of factors. The fluctuation of the value of the LSRI Portfolio will directly impact the variable return, if any, on the LifeStage Deposits. At maturity, the variable return, if any, will be equal to the amount by which the Deposit Value on the third business day before the LifeStage Deposit matures exceeds the Remaining Deposit Balance when the LifeStage Deposit matures. If the Deposit Value on the third business day before the LifeStage Deposit matures is equal to or less than the Remaining Deposit Balance at maturity then you will not receive any variable return on your LifeStage Deposits. It is possible that no variable return will be paid on the LifeStage Deposits.

Neither Bank of Montreal nor any of its subsidiaries and affiliates (collectively, BMO) make any assurances, representations or warranties with respect to accuracy, reliability or completeness of information contained herein. Furthermore, BMO makes no recommendation concerning the LifeStage Deposits or the suitability of investing in securities generally or the LifeStage Deposits in particular. No person has been authorized to give any information or to make any representation not contained in the Master Information Statement and Series Supplement relating to the applicable LifeStage Deposits and BMO does not accept responsibility for any information not contained in the Master Information Statement and Series Supplement.

® Registered trade-marks of Bank of Montreal, used under license.

BMO MatchMaker® Strategic Portfolios

Get exposure to the best of BMO Mutual Funds through a disciplined and structured investing approach. Choose a portfolio to match your preferred level of risk.

With over 10 years of solid performance history, BMO MatchMaker Strategic Portfolios are mutual fund portfolios that work for you when you're spending time looking after other important priorities in your life.

BMO MatchMaker Portfolios are constructed using a disciplined and structured approach to investing, and are designed to match the level of risk you're comfortable with. You can benefit from:

  • Exposure to the best of BMO Mutual Funds
  • Personalized risk assessment
  • Optimized portfolios suited for different levels of risk
  • Regular portfolio rebalancing

BMO ETF Portfolios

These are strategically managed, risk differentiated portfolios that give investors access to many of the benefits of BMO Exchange Traded Funds (BMO ETFs) through easy-to-use mutual funds. You have the option to choose a portfolio with a risk level that's suitable for you.

BMO ETF Portfolios provide diversified market and asset exposure through a series of risk differentiated portfolios invested primarily in BMO ETFs. They leverage our best investment ideas and may be used as a core portfolio holding. Benefits include:

  • Simple all-in-one solution that saves you valuable time
  • Diversified portfolios of ETFs combined in a single mutual fund
  • Portfolios that target a potential maximum return for a given level of risk
  • Professional portfolio management with ongoing monitoring
  • They can be used as a core holding in your portfolio
  • Lower cost structure than other managed programs

BMO ETF Portfolios (Series A)

BMO ETF Portfolios (Series T6)

BMO ETF Portfolios Class (Series A)

BMO ETF Portfolios Class (Series T6)

BMO LifeStage Plus Funds

Innovative funds with target dates that meet your financial goals within a specific timeframe, while providing guaranteed protection of investment gains.

BMO LifeStage Plus Funds are a series of innovative funds, designed to help you meet your financial goals within your investment timeframe. You can benefit from:

  • Growth potential from high-quality underlying BMO Mutual Funds.
  • Worry-free protection of gains with the Guaranteed Maturity Amount, provided you remain invested in the fund until the fund's target end date.
  • Range of options – choose the fund that suits your investment goals and time frame.

BMO LifeStage Plus Funds Price & Performance Portfolio Asset Mix*
BMO LifeStage Plus 2022 Fund View Price & Performance of BMO LifeStage Plus 2022 FundView View Portfolio Asset Mix of BMO LifeStage Plus 2022 FundView
BMO LifeStage Plus 2025 Fund View Price & Performance of BMO LifeStage Plus 2025 FundView View Portfolio Asset Mix of BMO LifeStage Plus 2025 FundView
BMO LifeStage Plus 2026 Fund View Price & Performance of BMO LifeStage Plus 2026 FundView View Portfolio Asset Mix of BMO LifeStage Plus 2026 FundView
BMO LifeStage Plus 2030 Fund View Price & Performance of BMO LifeStage Plus 2030 FundView View Portfolio Asset Mix of BMO LifeStage Plus 2030 FundView

In order to receive the Guaranteed Maturity Amount, investors must remain invested in the fund until the fund's target end date. If an investor redeems any of his or her units of the fund prior to the target end date, the investor will receive only the net asset value per unit on the date of redemption, which may be less than the Guaranteed Maturity Amount. Please read the prospectus before investing and for important information on the Guaranteed Maturity Amount.

* The asset allocation strategy for BMO LifeStage Plus Funds determines the balance between the Mutual Fund Component and the Fixed Income Component based on a number of factors, including the remaining time until the Target End Date, the amount of the fund's portfolio required to cover the Guaranteed Maturity Amount, the state of equity markets and any changes in interest rates. Once a Fund's portfolio has been adjusted, the portfolio cannot be readjusted to any previous target asset mix.

BMO Intuition® RESP Strategic Portfolios

Choose from five diversified portfolios that make it easy to save for a child's education.

BMO Intuition RESP Portfolios offer a customized solution to help save for your child's education. You can benefit from:

  • Exposure to the best of BMO Mutual Funds
  • Personalized risk assessment
  • Optimized portfolios suitable for different levels of risk and investment timeframes
  • Regular portfolio rebalancing

BMO FundSelect® Portfolios

Choose from four core portfolios that provide exposure to the professional talents of some of Canada's most respected mutual fund managers.

BMO FundSelect Portfolios are four diversified mutual fund portfolios constructed with a mix of the best of BMO Mutual Funds and other leading Canadian mutual fund brands. You can benefit from:

  • Exposure to industry-leading fund families including: AGF, Invesco Trimark, Brandes Investment Partners, CI Investments, Franklin Templeton Investments and Mackenzie Investments
  • Access to renowned fund managers
  • Portfolio diversification by asset class and management style
  • Strategic asset allocation to control risk
  • Automatic portfolio rebalancing and monitoring

BMO Mutual Funds are offered by BMO Investments Inc., a financial services firm and a separate legal entity from Bank of Montreal. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
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