BMO InvestorLine flat fee pricing makes it easier for more clients to invest online $9.95 per trade – no matter how often you trade* It’s never been easier to invest online. For only $9.95 per trade, more investors can now execute Canadian and U.S. equity trades, regardless of the share price or quantity and save big on commissions. With this exciting change, clients with assets over $50,000, 5 Star Program and Active Trader Program clients enjoy a flat fee of only $9.95 per trade. Best of all, to let more clients take advantage of the great low rate, BMO InvestorLine lets you combine all of your investments under one User ID to reach the qualifying thresholds. In doing so, you can manage your investments all in one place, yet independently, while you enjoy significant savings on commissions. Here is a summary of what you need to know to qualify for $9.95 Flat Fee Pricing with BMO InvestorLine. Assets Commission Rates Under $50,000 As low as $29 (Regular Commission Schedule) $50,000 to $249,999 $9.95 Flat Fee Pricing $250,000 to $499,999 $9.95 Flat Fee Pricing, 5 Star Program Silver Star benefits $500,000 or more $9.95 Flat Fee Pricing, 5 Star Program Gold Star benefits Trades/Quarter Commission Rates 0-29 As low as $29 (Regular Commission Schedule) 30 or more $9.95 Flat Fee Pricing, Active Trader Program benefits *Flat Fee Pricing Terms & Conditions. To learn more about the BMO InvestorLine Programs, and their respective benefits, view the Active Trader Program and 5 Star Program pages.

View, print or save our current Commission & Fee Schedule (effective November 26, 2012).

Electronic Orders placed through the Web or Automated Telephone Trading

STOCKS

Canadian and American Exchanges

OPTIONS

Canadian and American Exchanges

MUTUAL FUNDS

Orders placed through a BMO InvestorLine Representative

STOCKS

OPTIONS

MUTUAL FUNDS

BMO InvestorLine offers you access to over 9,500 mutual funds. No commissions apply to buy, sell or switch.

Investment Policies and Minimums for Mutual Funds:

1. With the exception of Money Market and T-Bill funds, there is an initial purchase minimum of $1,000 or the fund company's minimum, whichever is higher. A subsequent purchase minimum of $500 applies. Switch orders are subject to same purchase minimums.
2. For BMO Money Market and T-Bill funds and GGOF Money Market funds, an initial purchase minimum of $500 and a subsequent purchase minimum of $50 applies. All units must be redeemed if your balance falls below $500.
3. For all other Money Market and T-Bill funds, an initial purchase minimum of $25,000 and a subsequent purchase minimum of $500 applies. All units must be redeemed if your balance falls below $25,000.
4. For Automatic Purchase Plans (APP) and Automatic Withdrawal Plans (AWD), minimum is $100 per fund per periodic purchase or withdrawal.
5. Early Redemption Fee: Exempting Money Market and TBill funds and back load (DSC) funds, an early redemption fee of 1%, subject to a minimum of $43 ($35 for electronic orders) will be charged for funds held for less than 90 days.
6. Switch orders are subject to the same early redemption fee.  Some fund companies may also charge additional fees. These include early redemption fee, deferred sales charge on redemption for DSC funds, and initial account set-up fee.

Gold & Silver Certificates

Commissions for certificates are charged in U.S. dollars.
Minimum purchase of 5 oz. for gold and 50 oz. for silver.
No safekeeping fees.

BONDS, STRIPS, T-BILLS, GICs

Commissions, if any, are included in the quoted price.

Regular Commission Schedule Terms and Conditions

• The regular commission schedule refers to trades placed with a BMO InvestorLine Representative.
• All transactions for one account in one security on one side of the market during one trading session are included in determining the principal value of the trade ("daily bundling process"). Full commission charges apply for each partial fill except when transacted on the same business day. Prices on multiple fills transacted on the same business day are averaged for commission purposes.
• Commissions on U.S. trades are charged in U.S. dollars.
• Electronic trades are placed through the BMO InvestorLine web site or any other electronic channel. Commission calculation is based on the original format of the order. If you change an order through a BMO InvestorLine representative, the regular commission schedule applies to the original order and any subsequent changes to that order. 
• All rates apply as of September 6, 2011 and are subject to change without notice.

*Flat Fee Pricing $9.95 Terms and Conditions

• Electronic option trades are charged at $9.95, plus $1.25 per contract.
• Flat Fee Pricing is applied to electronic trades executed on our website or through Automated Telephone Trading. Trades executed by a BMO InvestorLine Representative are excluded from Flat Fee Pricing.
• Commissions on U.S. trades are charged in U.S. dollars.
• A trade is defined as a filled commissionable equity or option order.
• Your assets will automatically be evaluated each month and qualifying accounts will begin receiving Flat Fee Pricing beginning the first day of each month. Flat Fee Pricing takes effect after qualification, and commission adjustments will not be made for prior trades.
• Trades under Flat Fee Pricing are charged on a per order basis and are not bundled for discounts. For example, where multiple trades are made on the same account for the same security – on the same exchange, the same side of the market and the same day – each trade is charged the applicable commission rate.
• For option assignment and exercises and CNSX market trades, the Agent Telephone Trading Rate applies. This rate is subject to a minimum commission rate of $43 CDN and $43 USD.
• This program is not open to Investment Club and Partnership accounts. BMO InvestorLine reserves the right to exclude accounts at any time.