News Releases

- $818,000 is the Average Amount This Cohort Feels They Need to Have for Retirement, but the Average Amount They Have Saved to Date is Just $258,000

- More Than Half Are Currently Caring for Children, Aging Relatives, or Both

- Seventy-Six per cent Feel That the Stress of Everyday Living is Impacting Their Ability to Meet Long Term Financial Goals

- However, the Good News Is This Cohort Has Years to Make Up for the Shortfall

- Canadian ETF market currently stands at $70.1 billion in AUM, up more than 11 per cent from year end 2013

- International efficiencies, rise of smart beta ETFs, and increased competition have fueled industry in 2014

- Trends moving forward will include growth in ETF-based portfolios

- Webpage will help educate women who are considering a career in investment advisory to understand better what the role entails

- The site will also provide tools and a supportive platform to assist existing female investment advisors build successful practices

- Eighty-nine per cent of Canadian women feel that the financial services industry should be doing more to help female employees balance work/home lives

- More than half of Canadians have received an inheritance; two-thirds believe they will receive an inheritance in the future

- Ninety-one per cent plan to invest at least a portion of their inheritance

- Seventy-five per cent think it is important to leave money to the next generation

- Three-quarters expect to spend the same or more compared to last summer

- However, six-in-ten say they are more concerned with saving money than in 2013

- Impulse purchases account for nearly 20 per cent of summer spending

- First introduced in June 2009, BMO ETFs' AUM currently stands at $14.7 billion

- Suite of 58 ETFs, including innovative smart beta and specialty solutions, a wide array of fixed income strategies and strongly competitive broad market benchmarked funds

- Canadian ETF industry assets have increased 14 per cent in last year

- Individuals 18-35 who open a Self-Directed account will receive 35 free trades, waived fees, a free Globe and Mail eBook and a chance to win a $3,500 cash prize

- Eighty-one per cent of young Canadians plan to begin investing online within the next five years

- This offer follows BMO InvestorLine's introduction of $9.95 flat-fee trading in February

- Friendlier job market, slightly higher incomes and more wealth have put young families in a better economic position today than thirty years ago

- However, high debts and housing costs still cause for concern

- Three-year sponsorship and partnership will focus on educating individuals about the benefits of the Registered Disability Savings Plan (RDSP)

- BMO Bank of Montreal will be offering a $4 discount on monthly Everyday Banking Plans to BMO RDSP beneficiaries

- Reduction of Series F management fees will provide access to lower cost mutual funds within fee-based accounts

- Thirty-three new discount Series D mutual funds now available exclusively to BMO InvestorLine self-directed clients

- With the busy home buying season on the horizon, BMO offers tips for house hunters on how to build the biggest down payment possible

- New equity and fixed income ETFs give investors opportunities for income and growth

- Non-currency hedged and currency hedged products provide investors with more choice

- Since its introduction in 2009, BMO AM's ETF business has expanded to 58 funds and more than $12 billion in AUM

- Self-Directed clients will now pay a flat fee of only $9.95 per equity trade with no minimum account balance or trade activity requirements

- Until March 10, 2014, open a new account and invest $100,000 to get $300 cash back and 300 free trades

- New websites offer clients account management services and the ability to execute trades in Traditional Chinese

- Chinese-Canadian population is set to more than double by 2031

- To mark the Lunar New Year, BMO InvestorLine is offering Chinese-speaking clients an $88 cash bonus when they open a new account and deposit $25,000 or more

BMO now provides corporate retirement services to companies with operations in both the U.S. and Canada

The strategy's focus will be to identify high growth franchises in order to generate returns through a balance of growth and income and will be led by Christopher Darling

New funds offer maturity guarantee on principal with automatic monthly resets to lock in gains, balanced ETF investment options and death benefit guarantee

- Only one-fifth of Canadian investors are knowledgeable about ETFs

- However, sixty per cent would add ETFs to their portfolio after learning about their benefits

BMO is 'Making Money Make Sense' for Canadians by Providing a Tip for Each Day in November

- Sixty-eight per cent of women report being personally impacted by cancer-related illnesses

- Seventy-eight per cent are concerned about being diagnosed with cancer

- More than half have conducted a proper breast cancer self-exam within the last year

Surviscor award comes just weeks after BMO InvestorLine ranked #1 in client satisfaction by Ipsos Reid

- New app is free, secure and easy-to-use

- 70 per cent of Canadian smartphone owners say they have used a financial mobile app in the past year

September 2013 also marks the first anniversary of BMO InvestorLine's industry-first adviceDirect virtual investment advisor service

Certain U.S. dollar funds now available for purchase in Canadian dollars; Series T6 tax-efficiency option added to recently launched SelectTrust(TM) Portfolios and trust versions of ETF Portfolios

- Financial revival in Japan could boost demand for Chinese exports

- Positive 1.9 per cent surge in Canadian retail sales is welcome news

- More than half of investors look to traditional media such as TV and newspapers for investing information and advice

- One-third use social media sources such as LinkedIn, Facebook for investing insights

- TV and business news shows viewed as being the most trustworthy source, whereas blogs are the most credible social media source