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Special offer: Don’t pay fees for a year on assets up to $15,000.*   Take advantage today
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Open an account and get your first
$15,000 managed for free for one year.*

Now it’s even easier to invest online. Start today with just $1,000.

Offer ends February 28, 2018

Use Promo Code: Promo15000

Transparency with our fees

Fees don't have to be complicated. Here's a breakdown - so you know exactly what you'll be charged for your account and why.

You can start investing with a minimum of $1,000

Input your investment amount or use the slider to calculate your fees.

$1,000

$500,000

Please enter value between $1,000 and $500,000
You pay:
0/mo

Monthly Account Fees

or

0/yr

Yearly Account Fees

All account fees are charged on a quarterly basis. See how SmartFolio portfolios perform

How fees are calculated

Account fees are calculated as a percentage based on how much you’ve invested.

What they cover

An account fee covers professional portfolio management (those experts monitoring and rebalancing your investments!) and support from a team of investment advisors should you have any questions or need any help.

What it doesn’t cover is commission on trades – that’s free!

A look at our fee schedule

Here’s what you can expect based the amount you invest.

Asset value

To benefit from lower pricing at higher asset balances, accounts can be grouped by household.

Annual Rate
First $100,0000.70%
Next $150,0000.60%
Next $250,0000.50%
Above $500,0000.40%

For example, if Paul invests $275,000, his total yearly fee would be $1,725.

Here’s the breakdown of how he’s charged:

  • First $100,000 at 0.7% = $700
  • Next $150,000 at 0.6% = $900
  • Next $25,000 at 0.5% = $125

The fine print

  • Fees are charged per account unless otherwise stated and are subject to change.
  • You’ll receive 60 days’ notice for any new or amended fee.

SmartFolio fees compared to traditional investing fees

Annual advisory (or account) fees based on a $60,000 investment

Smartfolio
Traditional Investing
The cost of traditional investing is based on a 2.25% advisory fee or MER.

MER fees explained

SmartFolio accounts are made up of ETF portfolios, and all ETFs have management fees and expenses that are calculated as Management Expense Ratio (MER) in addition to the advisory fee. The MER is included within the pricing of the ETFs themselves and will not appear as an expense item on your account statement(s). The MER of the ETFs held within your portfolio will likely be a weighted average of 0.20% to 0.35% of the value of your SmartFolio account.

What else you may want to know

Ready to start investing?

Open your SmartFolio account and let us help you reach your financial goals. Start by getting matched with an ETF Portfolio.

Connect with us

Live Chat

8:00 a.m. - 8:00 p.m ET
Monday to Friday

Email us

Feel free to send us a note, but please don’t send account numbers and/or passwords.

smart.folio@bmo.com

Schedule a call

Have a BMO SmartFolio Representative contact you.

Call us

8:00 a.m. - 8:00 p.m ET
Monday to Friday

1-844-895-3721