BMO SmartFolio qualifications and fees

Asset value To benefit from lower pricing at higher asset balances, accounts can be grouped by household.	Annual Rate
First $100,000	0.70%
Next $150,000	0.60%
Next $250,000	0.50%
Above $500,000	0.40%
For example, if Paul invests $275,000, his total yearly fee would be $1,725. Here’s the breakdown of how he’s charged: First $100,000 at 0.7% = $700 Next $150,000 at 0.6% = $900 Next $25,000 at 0.5% = $125

You can start investing with a minimum of $1,000