Bmo life income funds

bmo life income funds

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BMO InvestorLine
Explore and compare over BMO mutual funds to select ones best suited for your unique financial goals. This fund's objective is to generate a high level of monthly distributions with moderate volatility by investing primarily in a portfolio of trust units. The fund invests primarily in Canadian fixed income securities with higher-than-average yields, issued by the federal government, provincial governments.
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That might make it hard to connect with an advisor who fully understands the rules around your LIF. Table of Contents. Based on the annual statement, you must specify at the beginning of each fiscal year the amount of income you would like to withdraw.