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      News Releases

      BMO Announces Final Valuations and Declares Final Distributions on Units of ETF Series of Terminated BMO Mutual Funds

      TORONTO, July 14, 2025 /CNW/ - BMO Investments Inc. ("BMOII") today announced the final net asset values for the ETF Series of each of BMO ARK Genomic Revolution Fund (Cboe Canada: ARKG), BMO ARK Innovation Fund (Cboe Canada: ARKK) and BMO ARK Next Generation Internet Fund (Cboe Canada: ARKW) (each, a "Fund" and collectively, the "Funds").

      On April 16, 2025, BMOII pre-announced the termination of the Funds. Effective at the close of business July 11, 2025, the Funds were terminated. The units of each ETF Series of each Fund were de-listed, at the request of BMOII from Cboe Canada Inc., effective close of business on July 7, 2025.

      At the time of termination, all units of the ETF Series of each Fund then outstanding were redeemed and each holder of such units received redemption proceeds equal to the net asset value of those units at that time and there were no final distributions for the ETF Series of each Fund.

      The following table indicates, for the ETF Series of each Fund, the NAV per unit at the time of termination:

      Name of Fund

      Ticker

      NAV per
      Unit ($)

      Distribution
      per Unit ($)

      BMO ARK Genomic Revolution Fund

      ARKG

      11.00391

      -

      BMO ARK Innovation Fund

      ARKK

      28.69815

      -

      BMO ARK Next Generation Internet Fund

      ARKW

      47.23350

      -





      Commissions, management fees and expenses all may be associated with investments in ETF Series of BMO Mutual Funds. Please read the ETF Facts or simplified prospectus of the applicable BMO Mutual Fund before investing. ETF Series of BMO Mutual Funds are not guaranteed, their values change frequently, and past performance may not be repeated.

      ETF Series of BMO Mutual Funds trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss. Distributions are not guaranteed and are subject to change and/or elimination.

      ETF Series of BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal.

      "BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.

      About BMO Financial Group 
      BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

      SOURCE BMO Financial Group

      For further information: Media Contact: Aaron Sobeski, Toronto, Aaron.Sobeski@bmo.com, (416) 867-3996