TFSA Investment Options
What investments are eligible?
A TFSA can be structured as a simple savings account or as an investment account that holds a range of securities. A TFSA is generally permitted to hold the same investments allowed in an RSP—including cash, term investments, mutual funds and individual securities such as stocks and bonds. BMO Bank of Montreal GICs and mutual funds are excellent choices for TFSAs.
BMO TFSA Savings Account
Provides the security and flexibility to access your funds at any time without penalty, while earning a premium rate of interest. Eligible for the Continuous Savings Plan.
BMO Guaranteed Investment Certificates (GICs)
GICs offer the combined benefit of principal protection and growth. The return of your original investment is guaranteed, and you’ll receive a guaranteed rate of return. The rate depends on the GIC term you choose, and interest rates at the time you invest.
BMO Mutual Funds
Our wide selection of professionally managed mutual funds can meet all your investment needs. BMO Mutual Funds let you design a portfolio that suits your investment objectives and risk profile.
With BMO Mutual Funds you benefit from professional management, diversification, investment ease and convenience, and the opportunity for higher returns. Plus, there are no fees for purchases, switches and redemptions.
Our selection of individual funds includes:
Security Funds
Income Funds
Growth Funds
Aggressive Growth Funds
U.S. Dollar Funds
Managed Programs
BMO SelectClass® Portfolios
BMO LifeStage Plus Funds
BMO MatchMaker® Portfolios
BMO FundSelect™ Portfolios
BMO LifeStage Retirement Income Portfolios
Designed to help preserve your wealth and provide a modest level of income.
An excellent choice when you want investments to generate regular income.
Provide your investment portfolio with higher long-term return potential.
Maximize return potential.
These funds invest in U.S. dollars and provide your portfolio with diversified currency exposure.
We also offer investment choices that provide one-stop access to a portfolio of individual mutual funds.
For investors whose goal is tax-efficient accumulation of capital through features such as tax-deferred growth and tax-efficient monthly cash flow.
Innovative funds with target dates that meet your financial goals within a specific timeframe, while providing guaranteed protection of investment gains.
Exposure to the best of BMO Mutual Funds through a disciplined and structured investing approach.
Four core portfolios that provide exposure to the some of Canada’s most respected mutual fund managers.
For investors seeking principal protection through guaranteed capital distributions and exposure to the growth potential of mutual funds.
Securities (Stocks and Bonds)
A TFSA lets you manage a wide range of securities within your plan. It’s ideal for investors who want a diversified portfolio of many investment types—including individual stocks, bonds and mutual funds.
