常见问答

BMO InvestorLine（投资优惠线）提供多种便捷方式让您轻松交易。您可以通过BMO Invest App在手机上操作，或者通过我们的2.0网站在电脑上进行交易。5星客户还可以直接在BMO Active Trader平台上完成交易。

是，BMO InvestorLine（投资优惠线）支持手机使用。我们专门设计了一款名为BMO Invest的便捷应用。通过BMO Invest，您可以随时随地在手机上管理投资、获取市场数据并做出明智的投资决策。

如要下载BMO Invest，只需访问您设备的应用商店（如Apple App Store或Google Play Store），搜索“BMO Invest”。找到应用后，点击“下载”或“安装”按钮即可将其安装在手机上。安装后，使用您的BMO InvestorLine（投资优惠线）账户登录，即可随时随地管理您的投资。

BMO InvestorLine（投资优惠线）不会通过自理服务提供建议或推荐， 然而，我们通过adviceDirect服务提供数字和人工指导的建议。adviceDirect是BMO独创的数字咨询平台，结合了自主在线投资的自由、先进的投资组合监控、研究工具以及个性化的数字和人工指导建议。 adviceDirect不仅提供一支专门的持牌投资专家团队，还会持续监控您的投资组合，确保您始终与投资目标保持一致。当您的投资组合在资产配置、多样化或风险方面需要注意时，它会立即向您发出中立的买卖建议。

是的。BMO InvestorLine（投资优惠线）为资产超过$250,000或每季度交易超过15次的客户提供5星计划。5星计划分为三个级别，提供优惠价格、活跃交易工具、先进研究和专属支持。

BMO InvestorLine offers access to four types of accounts including registered accounts (TFSA, FHSA, RRSP, RESP, RRIF), non-registered accounts (individual, joint, cash and margin), locked-in accounts (LIRA, LRSP, RLSP, LRIF, LIF), and corporate/non-personal accounts.

Self-Directed TFSA and FHSA accounts do not have account fees.其他注册账户余额超过$25,000也无需支付账户费用。非注册账户余额超过$15,000同样免除账户费用。

请注意，可能会收取额外费用和佣金，请查看BMO InvestorLine（投资优惠线）费用和佣金表以了解更多详情。

BMO InvestorLine（投资优惠线）是加拿大投资者保护基金（“CIPF”）会员。客户在BMO InvestorLine（投资优惠线）开设的账户受到CIPF保护，最高赔付金额为$1,000,000。CIPF不承保因市值变化而造成的损失。 访问CIPF了解更多信息。了解更多信息。

AI News and Market Summaries ("Summaries") are artificial intelligence (AI) generated static synopses, periodically updated, of securities market news from BMO InvestorLine's third-party information providers. Summaries will include "MT News +#" button(s) which you can click to access linked market news articles used to generate the Summaries.

News Summaries for specific securities include positive, neutral, and negative AI generated sentiment categories as well as an overall sentiment for the security. These are based on the proportion of each sentiment type in the related news articles from BMO InvestorLine's third-party securities market information providers.

You can view the sources informing the sentiment indications (both overall and by category) by clicking each sentiment category to access related linked news articles for review. In addition, within the AI News Summary for the security you can click on the "MT News + #" button, to access related linked news articles for review.

Please use Bili to speak with a live chat specialist during business hours (Self-Directed, adviceDirect) if you have any questions related to the Summaries.

AI Market Summary:
Navigate to and click on "News & Markets" top tab, then navigate to and click on the "Markets Overview" tab below, and an AI Market Summary is displayed. Click on "Read More" to view additional AI Market Summary information.

For Canadian and US market news please scroll down to the “Recent News” section.

AI News Summary:
Navigate to and click on "News & Markets" top tab, then navigate to and click on "News" tab below, and an AI News Summary is displayed. Click on "Read More" to view additional AI News Summary information.

You can access news about a stock by inputting its name or symbol using the 'Symbol search' bar, or by selecting any of your watchlist symbols. For example, “BMO:CA”. Kindly note that not all stock symbols have a Summary available.

You’ll see the message: "AI News Summary information is not available at this time." if there are no news articles for a particular security, if you input a foreign stock symbol for which BMO InvestorLine does not receive news coverage, or if a technical issue prevents generating a Summary. This means there is currently no news information to display for that stock symbol.

After searching for the stock symbol, in the "Insights" section of the page, sentiment categories (positive, neutral, and negative) are displayed for the stock.

For news specific to the security, please scroll down to the "News" section on the same page. Click on "Read More" to access more news about the company.

Market Summaries (Canada and US): Generated approximately every 15 minutes, starting on the hour.

Recent News: Generated approximately every 10 minutes, starting on the hour. In regard to stocks, news Summaries are generated generally when BMO InvestorLine's securities market information provider publishes a news article referencing a stock.

No. The AI Summaries are based on information from third-party providers of securities market information and is not related to any information about you (such as your holdings, watchlists, etc.).

No, there is no connection or information shared between Em and AI News and Market Summaries.

If AI Summaries are not loading, it could be due to a temporary technical issue, or internet connectivity problems. Reloading the page might solve it.

The other reason could be that there is no AI Summary available for the page you are currently viewing. For example, there are no summaries available for the selected symbol.

If the problem is a technical issue and persists, use Bili and speak with a live chat specialist during business hours (Self-Directed, adviceDirect).

No. However, using this informational feature is entirely optional. You can continue to use the BMO InvestorLine platform as you normally do.

BMO提供各种基本面和技术研究工具，以满足您的交易需求并帮助您评估投资机会。我们的工具包包括BMO资本市场、Baystreet.ca、Morningstar、MarketGrader等提供的专有研究、洞察和分析师评级。除了专有研究，BMO行业领先的ESG洞察为您提供关于公司环境、社会和治理表现的研究和评级。这些洞察使您能够从可持续的角度进行投资，并了解任何公司或ETF在这些方面相对于同行的表现。

您还可以利用股票、ETF和其他筛选工具，找到适合您的投资，并通过关注列表功能或直接发送到您邮箱的股票和市场资讯提醒跟踪最多50只股票或指数的表现。

5星客户可享受BMO Active Trader平台的独家访问权限，这是一款基于网页、完全可定制的工作区，提供实时自动更新报价、高级技术图表和市场洞察，使您可以快速交易北美股票、ETF和期权。

您可以委托交易多种类型的证券，包括股票、ETF、期权、GIC、固定收益产品和互惠基金。

您可以委托以市场价或限价进行买入、卖出或卖空交易。此外，您还可以在相应情况下下达硬性止损、移动止损或止损委托。

BMO InvestorLine（投资优惠线）支持在主要的加拿大和美国股票交易所进行交易，包括但不限于纽约证券交易所（NYSE）、纳斯达克（NASDAQ）、多伦多证券交易所（TSX）、TSX创业板（TSXV）、NEO交易所和NYSE Arca。

盘前交易是指常规市场开盘前的交易活动，在美国市场的交易时间为东部时间上午8:15至上午9:15。

盘后交易则从东部时间下午4:00开始。主要美国交易所的盘后交易时间为东部时间下午4:00到5:00，而多伦多证券交易所（TSX）的盘后交易时间为东部时间下午4:15到5:00，称为最后成交交易时段。

BMO InvestorLine（投资优惠线）提供盘前和盘后交易。若需在这些时段进行交易，请致电我们。

实时报价为投资者提供最近交易的证券基础价格。

2级报价为投资者实时提供市场深度的额外见解。其中包括市场中所有买入和卖出委托的金额和价格。

2级和实时报价仅对5星客户提供。

交易可以使用加拿大元或美元结算。您可以在股票、ETF和期权的委托输入页面选择结算货币。

市价委托是在当前市场价格下立即执行的委托。这种类型的委托可确保您的交易能迅速完成，但不能保证具体的执行价格。

限价委托则是在设定的价格或更优价格下执行的委托。限价买单只会在价格低于设定价格时执行，而限价卖单只会在价格高于设定价格时执行。

硬性止损委托是在当前市场价格之上的卖出委托。当股票价格超过设定的触发价格时，委托会转换为限价委托。

移动止损委托是随着股票价格上涨而上调的限价委托，但当价格下跌时，限价价格保持不变。当股票价格下跌并达到止损价格时，委托被触发并转换为卖出委托。

止损委托是在股票价格下跌到或低于设定价格时执行的卖出委托。

是的。BMO InvestorLine（投资优惠线）在执行交易和进行现金存款时会实时更新您的账户余额和持仓明细。实时账户余额和持仓明细可以在账户标签中查看。

是的，BMO InvestorLine（投资优惠线）提供股息再投资计划（DRIP）。DRIP是一种简单且低成本的方式，将您从符合条件的证券中获得的现金股息进行再投资。

通过DRIP，投资者可以自动买入标的证券的额外股份，无论订单金额高低都无需支付佣金。买入的股份可以低至一个单位，许多公司还以市场价格的折价提供股份。

点击此处查看所有符合股息再投资条件的证券列表。 您可以按账户整体注册（即所有证券自动注册），也可以按个别证券注册（即单独指明每个您希望注册的证券）。 请联系我们立即注册。

保证金交易是指借用券商的资金进行证券交易。借来的资金由您投资组合中的资产担保，并且每日监控，以确保账户中始终有足够的非借款资金。BMO InvestorLine（投资优惠线）目前提供日内保证金交易功能，这意味着在正常市场时间内，大约每五分钟计算一次保证金要求和余额。

购买力是您可用于购买证券的总资金。其计算公式为：账户总价值减去账户中所有证券的保证金要求。

Buying Power = Cash + Loan Value of Security − Requirements for short and options position.

购买力反映了您的投资在日内的波动情况，包括任何已成交的委托，并在交易时间内每五分钟计算一次。

借款利息根据从上个月22日到本月31日的月平均借款余额计算。
利息将在每月22日显示在您的月度对账单中，涵盖上个月产生的费用。

利率取决于您在当前期间的平均借款金额、借款的货币以及当前的基准利率。 点击此处查看最新信息。

BMO Active Trader提供强大的网络交易平台，让您轻松而精准地执行交易策略。平台拥有完全可定制的工作区，提供实时自动更新报价、先进的技术图表和市场洞察，让您能够快速交易北美股票、ETF和期权。

BMO InvestorLine（投资优惠线）的5星计划会员将自动获得BMO Active Trader的访问权限。白金和钻石会员可以使用BMO Active Trader Pro，黄金会员可以使用BMO Active Trader。

BMO InvestorLine（投资优惠线）的5星计划会员使用BMO Active Trader Pro或BMO Active Trader无需支付额外的平台或数据费用。

您可以通过连接高速互联网的Windows或Mac OS设备访问该平台，支持的浏览器包括Google Chrome、Firefox、Microsoft Edge和Safari。

仅台式和笔记本电脑可使用BMO Active Trader。

You’ll automatically receive Active Trader Pricing at $3.95 per trade when you place 150 or more online stock, ETF and option trades within any three consecutive calendar months.点击此处查看完整的佣金和费用表。

是的，一旦您满足享受活跃交易者定价的条件，您所有同一客户编号下的账户都将享受优惠折扣。您只需登录并点击页面右上角您的名字，便可进入“客户编号档案”页面，轻松查看所有与您客户编号关联的账户。

此优惠目前仅针对现有的BMO InvestorLine（投资优惠线）客户。然而，我们乐意与您探讨您的交易需求以及可能的方案。请在东部时间上午8点至下午6点之间拨打我们的电话：1-888-776-6886。

All online stock, ETF and option trades are eligible for Active Trader Pricing.

您可以通过点击右上角您的名字进入“客户编号档案”，再选择“交易活动”标签来查看您的交易数量。

新的活跃交易者定价将从2024年10月1日开始生效。

活跃交易者定价为符合条件的客户提供每笔在线交易仅需$3.95的折扣佣金率，适用于在连续3个月内完成超过150笔交易的客户。即便您目前使用的是不同的佣金结构，您依然可以满足享有活跃交易者定价的资格。不过，我们建议您拨打1-888-776-6886联系我们，讨论您的具体情况，并找到最适合您的定价方案。

如果您已注册或选择在线接收税务文件，您可以在“电子文档”部分找到这些文件。

如果您在InvestorLine（投资优惠线）网站上找不到“电子文档”部分，请阅读或观看分步指南了解如何访问。

注意：目前BMO Invest App无法访问电子文档

如果您选择了“仅限电子版”作为税务文件的接收方式，所有税务相关文件将仅在“电子文档”部分以电子版形式提供。

如果您选择了“电子版和纸质版​​​​​​​”选项，税务文件将邮寄到您档案中记录的地址，并且也会以电子版形式提供。

税务文件的提供时间将根据您选择的账户类型和接收方式有所不同。 点击此处查看按税单类型的详细发布时间表。

您可能会从BMO InvestorLine（投资优惠线）收到各种税单。您将收到的税单取决于您的账户类型、收入情况和供款等。有关您可能收到的税务文件及其用途和预期的获取时间，请点击此处了解更多信息。

您将收到的是当前纳税年度的文件。如果您需要查阅往年税务记录，请前往“电子文档”版块，在下拉菜单中选择您要查阅的年份。您只能看到在BMO InvestorLine（投资优惠线）开设账户期间的文件。

注意：如需具体的税务建议和对各类文件的详细解读，请咨询专业税务顾问。

Deadline to contribute to your RRSP – March 2^nd, 2026.

免罚款提交2025年个人报税表的截止日期 - 2026年4月30日

免罚款提交2025年个人报税表（自雇人士）的截止日期 - 2026年6月15日

点击此处查看2025纳税年度的其他重要日期。

注意：请务必确保在准备报税表之前已收到所有所需的税单，从而避免提交T1调整表以修改您的报税表。

为了帮助简化您的税务准备工作，我们已经制作了一个关于您可能从BMO InvestorLine（投资优惠线）收到的各种税单和文件的概述。点击此处查看您可能从BMO InvestorLine（投资优惠线）收到的税单和文件。 收到的税单取决于您的账户类型和持有的产品。

注意：如需具体的税务建议和对各类文件的详细解读，请咨询专业税务顾问。

T3文件（以及RL-16、T5013和RL-15文件包）取决于第三方发行机构，而非BMO InvestorLine（投资优惠线）。一些外部发行机构（如互惠基金公司）会直接邮寄税务收据给您。请与相关发行机构确认文件的提供时间表。

2026年TFSA的最高供款金额为$7,000加元。有关TFSA供款的更多信息，请访问加拿大税务局网站。

您未使用的供款额度会每年累积，只要您有社会保险号码（SIN）即可（即使您不申报所得税和福利，或者不开设TFSA）。

请注意：如果您在2009年已年满18岁，您的TFSA供款额度每年都会增加。如果您在2009年之后年满18岁，您的TFSA供款额度将从您年满18岁的那一年开始增加，并且在之后的每一年继续累积。

请参阅下文，了解在您于2009年已年满18岁且至今未做出任何供款的情况下可累积的供款额度。

The maximum contribution for an FHSA in 2026 is $8,000 per year subject to a lifetime maximum of $40,000. If you had a FHSA account last year, then you can carry forward any unused contribution room from the previous year only. For more information about FHSAs, please visit the Canada Revenue Agency.

Contributions, qualifying and taxable withdrawals and income tax deducted for an FHSA account are reported on the T4FHSA slip. You will not receive a separate contribution receipt any contributions made towards the FHSA account during a given year. 点击此处查看按税单类型的详细发布时间表。

Note : Residents of Quebec will also be issued the associated Relevé slips along with the federal tax slips.

When you withdraw funds from a Registered Retirement Income Fund (RRIF), withholding tax may apply to the portion of the withdrawal that exceeds the minimum annual amount required under tax legislation.

You may be able to reduce the withholding that would otherwise be made by BMO upon a withdrawal from your RRIF by completing Form T1213, Request to Reduce Tax Deductions at Source, and sending this completed form to the CRA. In order to reduce withholding that would otherwise be made by BMO under the Taxation Act (Québec), Québec residents may also submit Form TP-1016, Application for a Reduction in Source Deductions of Income Tax, to Revenu Québec. If the CRA and/or Revenu Québec authorizes the reduction of withholding, you may send this authorization to BMO, and BMO will take steps to implement the reduced withholding in accordance with such authorization(s) as soon as practicable. BMO retains discretion to apply a higher withholding rate if your withdrawals in a given year are inconsistent with the representations made in your request(s) to the CRA and/or Revenu Québec. You generally must submit a new request to the CRA and/or Revenu Québec every year you wish to reduce the withholding that would otherwise be made by BMO from a RRIF withdrawal.

Your tax liability to the CRA is solely your responsibility. The decision to request a reduction in withholding made on a withdrawal from your RRIF is solely in your discretion. If accepted by the CRA and/or Revenu Québec and implemented by BMO, you may owe more taxes to the relevant tax authorities at the end of the tax year because of this request. BMO is not providing you with any tax advice. BMO will not be liable for any tax, interest or penalty which may be imposed on you under any applicable tax legislation, whether by way of assessment, reassessment, or otherwise. You should consider obtaining your own tax or other professional advice before submitting Form T1213 and/or Form TP-1016.

如果您在您的账户中持有或继续持有BMO HISA，将会提供T5税单。点击此处查看您可能从BMO InvestorLine（投资优惠线）收到的各种税务收据和文件。 收到的税单取决于您的账户类型和持有的产品。

如果您发现错误或认为您的税单存在问题，请联系我们进行审查并进一步讨论。

Trading Central's Value Analyzer provides analytical tools that assess securities using historical data and projections developed by Trading Central.

Value Analyzer is comprised of multiple tools and capabilities including:

• Symbol search: Quickly locate specific financial instruments by keying the name of the security or the ticker.
• Pre-defined screeners: Provides ready-to-view pre-set filters to help identify securities aligned to specific criteria.
• Custom screeners: Create personalized filters based on your specific investment criteria and preferences.

BMO InvestorLine Self-Directed clients can access Value Analyzer through the BMO InvestorLine website.

Once logged in:

• Navigate to News & Markets
• Click on the three-dot menu on the far right
• Click on Value Analyzer

Once you have accessed the Value Analyzer follow the steps below to access and use a specific tool within:

• Symbol Search:
  • Enter a symbol of interest
  • Review quantitative data
    • The "Value Indicator" is in the middle of the page which will display a Trading Central assessment indicating whether a security is considered undervalued, fairly valued or overvalued based on Trading Central's methodology.
  • To understand more on how a security is rated, review the definitions under the Education link on the top right.
• Pre-Defined Screeners:
  • Click on the word Screener
    • You can customize selection criteria including Rate of Return, Earnings Growth, etc.
  • Once you have made your selection, the results will display symbols that fit the criteria.
  • Click on “Value Look-Up” on the right column to review each individual security.
• Education Tools
  • Click on the Education link on the top right.
  • Two articles will appear for review:
    • Introduction to Value Investing and
    • Understanding Fair Value
  • Click on an article to start reading.

• Value Analyzer provides you with
  • Its own proprietary fundamental analysis using complex calculations that create a summary of its assessment of the security’s fair value.
  • Insight whether the security is considered fair value or not.
  • Simple visual signals that indicate whether a stock may be worth investigating further.
  • Evaluation of undervalued securities that help investors save time on research and support further independent research by presenting analytical data points.

Trading Central’s Technical Insights is a tool that provides investors with automated technical analysis which scans Stocks, ETFs and Indexes to detect chart patterns and price movement and highlight technical patterns and observable market activity.

Technical Insights is comprised of multiple tools and capabilities including:

• Symbol search: Quickly locate specific financial instruments by keying the name of the security or the ticker.
• Pre-defined screeners: Provides ready-to-view pre-set filters to help identify securities aligned to specific criteria.
• Watchlists: Add ticker symbols of interest and keep track of associated support and resistance levels.
• Alerts: Stay on top of key market events by signing up to receive real-time notifications to your email.
• Education tools: Learn more about “Technical Analysis” including classic patterns, short-term patterns, bullish or bearish indicators and oscillators.

BMO InvestorLine Self-Directed clients can access Technical Insights through the BMO InvestorLine website.

Once logged in:

• Navigate to News & Markets
• Click on the three-dot menu on the far right
• Click on Technical Insights

Once you have accessed Technical Insights follow the steps below to access and use a specific tool

• Symbol Search:
  • Enter a symbol of interest
    • The results will show 4 tabs across the top: Summary, Short-Term, Intermediate Term and Long-Term
  • Technical events will be listed on the right column, and you can click on each event to view specific information.
  • Below the technical chart, you will also be able to see the most recent Support and Resistance levels of the security and illustrative stop level ranges generated by Trading Central's technical models.
• Pre-Defined Screeners & Featured Ideas:
  • Click on Screener or Featured Ideas:
    • Define custom filters using the available values (i.e., exchange, industry, security, Rating, Market Cap, etc.)
    • View the pre-defined screener (Most bullish, Most popular, Most Bearish and trending now) to see list of associated securities.
• Watchlists:
  • Click on "Watchlists" at the top
  • Create a Watchlist name by clicking on New Watchlist
  • Enter a Symbol:
    • The ticker is added onto your watchlist and will show the last price, Support/Resistance and bullish/bearish ratings in the short, intermediate and long-term outlook
• Alerts:
  • Click on “Alert Center” at the top of the page.
  • There are 2 ways to add an alert: Through filtering a technical event or directly adding a symbol.
    • If you are filtering for a technical event, you’ll be able to utilize the filters on the left including Market Cap, TC rating, price & volume and technical event.
  • Once you find a security of interest, you can double click on the symbol and then click on the blue bell icon on the top right to add into your alerts.
  • If you are entering a symbol, you’ll be able to follow the step above and add to your alerts.
• Education Tools:
  • Click on the Graduation Hat icon on the top right.
    • o There are 5 different tabs on the left that investors can review that relate to different technical patterns in the short-term, the popular indicators and the oscillators to help mathematical formulas.

• Technical Insights provides you with
  • Technical market insights: Automated scanning, monitoring, and analysis of Stocks, ETFs, and Indexes to highlight technical patterns and observable market themes.Automated pattern recognition: Use of algorithms to identify and interpret market patterns and deliver real-time technical insights.
  • Risk indicators: Display of support and resistance levels to illustrate historical price behaviour and potential volatility.
  • Short-to-long term insights: Pattern analysis across a wide range of time horizons including intraday, daily, or weekly.

CFRA is a leading independent provider of financial articles including equity research, fund analysis and policy insights.

CFRA offers access to

• Qualitative reports: In-depth analysis of the security prepared by a human analyst. Qualitative reports also include the STARS (Stock Appreciation Ranking System) system which is a 5-level analyst-driven ranking system forecasting a stock's 12-month total return potential relative to a benchmark.
• Quantitative reports: Proprietary, model driven analysis based upon financial performance.

BMO InvestorLine adviceDirect and Self-Directed clients can access CFRA research reports through the BMO InvestorLine website and BMO Invest App.

On the BMO InvestorLine Website:

• Navigate to News & Markets
• Click on Research
• Filter by CFRA
• Alternatively, you can enter the symbol of a security of interest in the search bar and in the Quote box click on View Details
• Next, head to the Research tab
• Scroll to CFRA section to see if the security is covered; if covered you will be able to select View Report

On the BMO Invest App:

• Click on the Search icon
• Enter the symbol of a security of interest and in the Quote box click on Quick Links followed by View Details
• Next, head to the Research tab
• Scroll to CFRA section to see if the security is covered; if covered you will be able to select View Report

Once you have opened a CFRA report, you can review the details of the report including ratings, analysis, and recommendation

For Qualitative Reports you can view:

• STARS Rating which assesses the expected total return over next 12 months
  • 5-STARS – Total return is expected to outperform the total return of relevant benchmark by a wide margin over the coming 12 months
  • 4-STARS – Total return is expected to outperform the total return a relevant benchmark over the coming 12 months
  • 3-STARS – Total return is expected to closely approximate the total return of a relevant benchmark over the coming 12 months
  • 2-STARS – Total return is expected to underperform the total return of a relevant benchmark over the coming 12-months
  • 1 STARS – Total return is expected to underperform the total return of a relevant benchmark by a wide margin over the coming 12-months
• Sector Breakdown which categorizes the company by sector-subsectors.
• Key Stock Statistics which highlight the important key company performance metrics.
• Price Chart which provides over four years of price information in a logarithmic format.
• Highlights & Investment Rationale Risk which include the Analyst’s concise evaluation of the company’s financials.
• 12 Month Price Target which is a projection of the securities price 12 months forward ahead.
• Dividend Data which provides a recent history of dividends paid.
• Expanded Ratio Analysis which builds upon the available assessment of financial performance to provide further insights about the company.
• Income Statement Analysis which facilitates year-to-year comparison of revenues, depreciation, net income and more.
• Balance Sheet data provides an easy-to-follow view of company’s assets and liabilities.
• Sub-industry outlook provides the Analyst’s overview of the sub-industry as a whole and comparison point for the individual security relative to peers and includes a summary of CFRA’s view of recent and projected sub-industry business conditions.
• Consensus Recommendation and Earnings Estimate shows the outputs of additional Analyst coverage of the stock and including recent recommendations.

For Quantitative Reports you can view:

• CFRA Fair Value Rating
  • Group 5: Highest Conviction (Most undervalued stocks) expected to outperform
  • Group 4: Undervalued
  • Group 3: Fairly valued
  • Group 1: Highest risk most overvalued stocks expected to underperform

• Business Summary which gives a detailed summary of the company’s business with practical information about such topics as it’s industry.
• Recommendation, Risk Evaluation, Price and Sector Ranking which provides a short-overview of the Analyst’s recommendation and how the security is priced relatively.
• Quantitative Model Drivers which breaks down the sentiment in Negative, Neutral and Positive.
• Price Performance which displays a technical chart that indicates the last 5 years price movement
• Key Ratios, and Income Statements which provide insight into the financial health of the company along with dividend details.
• Peer Group Comparison which shows key competitor rankings based-off of price, market cap, and other key ratios.

CFRA reports provides you with

• Stock Rankings: CFRA utilizes its 5-level proprietary ranking system.
• Potential hidden risks or opportunities: CFRA’s Forensic accounting approach blends fundamental analysis with forensic accounting.
• Comprehensive coverage: Deep insights across 68 industries and 11 sectors.
• Analysis prepared by CFRA, an independent third party research provider
• CFRA does not manage money, trade or create investment products minimizing potential conflicts of interest.

Morningstar Research is a leading independent investment analysis and data provider covering Stocks, Mutual Funds, and ETFs.

Morningstar’s analysis and data are designed to help investors make informed decisions through rich and timely insights.

Morningstar offers:

• Equity and income picks: Which focus on undervalued, high-quality companies as determined by Morningstar, particularly favoring sectors like Healthcare, Technology and Consumer Defensive.
• Analyst research reports & recommendations: Provide in-depth research analysis to guide to support investor understanding across Stocks, Mutual Funds and ETFs. Reports and recommendations provide qualitative insights, fair value estimates and ratings.
• Bull/bear opinions: Provide a balanced concise summary of the key investment arguments for and against a specific company.

BMO InvestorLine adviceDirect and Self-Directed clients can access Equity Picks through the BMO InvestorLine website

• Navigate to Updates
• Scroll to Latest Updates
• Select the Canada Income Picks or Canada Core Picks

BMO InvestorLine adviceDirect and Self-Directed clients can access Morningstar Analyst Research Reports & Recommendations through the BMO InvestorLine website and BMO Invest App.

On the BMO InvestorLine Website:

• Enter a symbol of a security in the search bar and in the Quote box click on View Details
• Next, head to the Research tab
• Scroll to Analyst Opinions section to see if the security is covered

On the BMO Invest App:

• Click on the Search icon.
• Enter the symbol of a security and in the Quote box click on Quick Links followed by View Details
• Next, head to the Research tab
• Scroll to Analyst Opinions section to see if the security is covered

Once you open a Morningstar Analyst Research Report & Recommendation you have access to insights including ratings, analysis and detailed recommendations including:

• Summary, Rating and Key Ratios which provide a high-level performance overview. Details of the 5 Star rating include:
  • 5 Stars – Significantly undervalued
  • 4 Stars – Undervalued
  • 3 Stars – Fairly valued
  • 2 Stars – Overvalued
  • 1 Star – Significantly overvalued
• Dividends show you the stock is expected to pay over the next 12 months based on what was previously declared.
• Market Cap provides an indication of the size of the company based upon its current price and shares outstanding.
• PE Ratio shows how expensive the stock is using standard valuation of price to earnings.
• Morningstar Analysis includes:
  • Valuation which is a fair value estimate is a per-share price estimate of what the Morningstar Analyst thinks
  • Analyst opinion of the stock which includes the Analyst’s latest opinion on news related to the security.
  • Stock Buy/Sell Recommendation which provides a view of the Analyst’s opinion on whether the security is significantly undervalued or overvalued

Once you open Morningstar Equity Picks you can review the TSX top 60 underperformed for the previous month.

• The report is split between 3 categories stocks that are consider a buy, a hold and a sell.

Once you navigate to Morningstar Bull/Bear Opinions you can review Morningstar’s short analysis and case on why the security is seen as bullish as well as the reason the security can be viewed bearish.

Morningstar research and data provides you with:

• STAR rating: Rates Mutual funds and ETFs on a scale of 1-5 based on past-risk-adjusted performance
• Independent and Unbiased Analysis: Fundamental focused analysis of stocks and funds to identify long-term value.
• Economic Moat: Evaluates a company’s durable (i.e. switching cost, government licenses, and brand identify) competitive advantage to help determine long-term sustainability.
• Time Saving: Simplifies research for active investors by condensing complex financial data into digestible insights.

BMO InvestorLine offers you the ability to set individual Stock/ETF and Market Alerts allowing you to be notified, by email, when the Stock, ETF or Index of interest has met a specific set of predefined conditions

Alerts can be set on:

• Price: Receive notifications when the stock price fluctuates above or below defined thresholds helping investors track stocks/ETFs, monitor portfolio rebalancing and identify trading opportunities.
• News & research: Receive notifications when there are significant market events such as stock splits, merger, volume, etc. or when Analyst coverage on a security changes.
• Technical events: Receive notifications to inform you of new technical patterns for a security which include gaps, breakouts, etc.

BMO InvestorLine adviceDirect and Self-Directed clients can access and set alerts on the BMO InvestorLine website:

• Locate the Notification bell icon on the right-hand side
• Click on Alerts Centre
• Click on Create New Alert
• Enter or select the security and parameters of interest and save

Once you have accessed the Alerts Centre, follow the steps below to review and set new Alerts

To set a new Alert:

• Stock Alerts:
  • Click on the Stock Alerts tab
  • Click on “Create New Alert” or you can modify an existing alert by clicking the drop-down menu
  • Once you click on create a new alert, enter the ticker symbol.
  • Once that’s entered you’ll be able to see 3 tabs:
    • Price Alerts provide the ability to setup an alert based on price movement
    • News & Research provide the ability to setup an alert based on News and Research
    • Technical Events provide the ability to setup an alert based on technical events
  • Once you’ve selected the alerts you are interested in click on save and the alert will be active the next time the stock triggers your parameters.

ETF/ETN Alerts

• Click on the ETF/ETN Alerts tab
• Click on “Create New Alert” or you can modify an existing alert by clicking the drop down menu
• Once that’s entered you’ll be able to see 3 tabs:
  • Price Alerts provide the ability to setup an alert based on price movement
  • News & Research provide the ability to setup an alert based on News and Research
  • Technical Events provide the ability to setup an alert based on technical events
• Once you’ve selected the alerts you are interested in click on save and the alert will be active the next time the stock triggers your parameters.

Market Alerts:

• Click on “Market Alerts” tab
• Select the Index that you would like to receive an alert for
• Select the higher, lower or higher or lower prompt that will trigger if the index closes at least 1% higher, lower or both and press Save.

If you wish to update your Alerts you can delete or edit them under the Preferences tab at any time.

Use of Alerts provides you with:

• Risk Management: Alerts on price drops, high volatility, or stop loss triggers can help investors monitor price movements and market activity and provide notifications based on predefined criteria selected by the investor.
• Opportunity Identification: Instant notification about price changes allows investors to potentially stay informed of market movements according to selected alert parameters
• Time-Saving Efficiency: Instead of monitoring your account and charts all day alerts allow crucial and timely updates.
• Stay informed on Account status: Alerts can be configured based on fill notification that will give the investor time to ensure account balances are settled same day without any penalties.

BMO InvestorLine offers access to a Corporate Calendar which provides a list of upcoming scheduled events that have the potential to trigger activity in stock prices.

The Corporate Calendar includes the following events:

• Dividends: Upcoming payments made by corporations to their shareholders.
• Splits: A corporate action that increases a company's outstanding shares and reduces the price per share. A reverse split can also occur which reduces a company's outstanding share count while increasing the price per share.
• Earnings: Upcoming filing and distribution of information and insights into a company’s financial performance over the last quarter or year.

BMO InvestorLine Self-Directed clients can access the Corporate Calendar through the BMO InvestorLine website.

On the BMO InvestorLine Website:

• Navigate to the News & Markets
• Click on the Corporate Calendar Tab.

Once you have accessed the Corporate Calendar follow the steps below to review specific upcoming events:

• Filter by date.
• Select one of Dividend, Splits or Earnings tab.
• If you find an event of interest, you can click on the security to learn more or trade.

Use of the Corporate Calendar can provide you with:

• Strategic Planning: investors can align their positions, manage risk exposures and decide whether to enter or exit positions.
• Opportunity Identification: The calendar helps identify specific dates and securities and associated events that may contribute to increased market activity or volatility
• Risk Management: The calendar enables you to prepare for or to avoid high-volatility events such as earnings reports.