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Fund Spy: BMO Balanced ETF vs. BMO Retirement Balanced FundETF Series of the BMO Mutual Funds trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the. The BMO Covered Call Europe High Dividend ETF Fund's main objective is to achieve a high level of after-tax return, including dividend income and capital. BMO ETFs presents our top 6 picks yielding 6% or more for investors who are looking for ideas to enhance the level of yield in their portfolios.