so, just like how you get pocket money or an allowance for doing chores, these big companies like bmo also give out money called dividends to people who invest in them. but before they get that money, the company has to decide when they're going to give it out, which is called the record date. in this case, the people who invest in bmo etfs and bmo mutual funds have to have their names on the list of investors by july 30th to get the money that bmo decides to give out on august 2nd. it's like a special club where you only get to play if you're on the list by a certain day! Read from source...
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Topic: July 2024 cash distributions for certain BMO ETFs and ETF Series of BMO Mutual Funds.
Source: PRNewswire
Relevance: Information about the upcoming cash distributions for specific BMO ETFs and ETF Series of BMO Mutual Funds. The article provides the per unit cash distribution amount and relevant dates for each fund.
BMO ETFs and ETF Series offer a broad range of investment products designed for various categories of investors. Before investing, read the ETF facts or prospectus of the relevant BMO ETF or ETF Series. While BMO ETFs and ETF Series are not guaranteed, they provide the opportunity for investors to achieve their financial goals through strategic portfolio management. Additionally, distribution yields, income, dividends, and other variables may impact the value of the investment. These risks should be thoroughly considered before making any investment decisions.