常見問題

BMO InvestorLine 投資優惠線提供多種途徑供您執行交易。您可從您的行動裝置上的BMO 投資應用程式或在桌上型電腦上從我們的2.0網站上下單交易。5星級客戶可直接在BMO 活躍交易者平台上執行交易。

可以，BMO InvestorLine 投資優惠線可在行動電話上使用。我們特別為此目的開發了一個稱為BMO Invest的人性化行動應用程式。透過BMO Invest您可隨時隨地使用您的手機管理您的投資、取得市場資料並且作出睿智的投資決定，十分方便。

若要下載BMO Invest，您只需前往您的手機的應用程式市集（例如Apple App Store或Google Play Store），再搜尋「BMO Invest」。找到這個應用程式後，點擊「下載」（Download）或「安裝」（Install）按鈕以將它安裝到您的手機上。安裝完畢後，您可使用您的BMO InvestorLine 投資優惠線賬戶的密碼登入，之後就可開始隨時隨地管理您的投資。

BMO InvestorLine 投資優惠線並不透過自管服務提供建議或推薦。然而，我們的確透過我們的理財通（adviceDirect）服務提供數位及真人主導的建議。理財通（adviceDirect）是BMO 獨一無二的數位諮詢平台，將一流的投資組合監控、研究工具、個人化的數位與真人主導的諮詢服務結合到自管式網上投資提供的自主操作中。 理財通（adviceDirect）除了提供專屬的持牌投資專家團隊外，還持續監控您的投資組合，確保您能朝向您的投資目標邁進。當您的投資組合資產配置、多元化或風險需要您的關注時，它還會即時以公正立場給您作出買賣推薦。

是。BMO InvestorLine 投資優惠線為資產價值超過$250,000或每季超過15筆交易的客戶提供5星計劃。這個5星計劃有三個層級，提供優惠價格、活躍交易工具、進階研究及專屬支援。

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.賬戶餘額超過$25,000的其他註冊賬戶不收取賬戶費用。非註冊賬戶的餘額超過$15,000時無賬戶費用。

附註：可能有其他費用或佣金，請檢視BMO InvestorLine 投資優惠線費用及佣金一覽表查詢更多詳情。

BMO InvestorLine 投資優惠線是加拿大投資者保障基金（CIPF）會員。客戶在BMO InvestorLine 投資優惠線的賬戶受到CIPF最多達$1,000,000的保障。CIPF不承保市場價值波動造成的損失。 瀏覽CIPF以了解更多詳情。

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 提供多種基本面研究工具及技術面研究的工具，以滿足您的交易需求及取得投資機會。我們的工具包包括可使用BMO 資本市場、Baystreet.ca、 Morningstar、MarketGrader等研究機構提供的專有研究報告、深入見解及分析師評級。除了專有研究報告之外，BMO領先業界的「ESG精闢見解」提供公司在環保、社會、治理績效方面的研究報告及投資評級等，讓您搶先掌握投資契機。這些精闢見解讓您可以永續的觀點進行投資，並且了解到任何公司或ETF在這些核心項目中相對於其同業的表現情況。

您還可以利用股票、ETF及其他篩選工具來發掘哪些投資項目最適合您，同時使用追蹤清單功能或直接發送到您電子信箱的股票及市場訊息提示追蹤最高達50檔股票或指數的表現。

5星客戶可享受BMO 活躍交易者平台的專有使用權，這是一個可完全客製化的網站工作空間，提供實時串流報價、尖端技術圖表及市場分析，讓您可快速交易北美股票、交易所買賣基金、期權等。

您可以下單買賣多種證券，包括股票、交易所買賣基金、期權、擔保投資存款證（GIC）、固定收入及互惠基金等。

您可以以市場價格或限價交易指令進行買賣或賣空操作。您還可以斟酌進行無限期限價止蝕，或追蹤止蝕、限價止蝕等的交易指令。

BMO InvestorLine 投資優惠線支持主要加拿大及美國交易所，包括但不限：紐約證券交易所（NYSE）、納斯達克（NASDAQ）、多倫多證券交易所（TSX）、多倫多創業交易所（TSXV）、NEO、紐約證券交易所群島證券交易所（NYSE Acra）

盤前交易是指在常規市場交易時段前的活動期間，時間是在美國市場東部時間上午8:15至上午9:15之間。

盤後交易時間於東部時間下午4:00開始。盤後市場時段是介於東部時間下午4:00至下午5:00的主要美國交易所，以及東部時間下午4:15至下午5:00的多倫多交易所，作為最後賣出交易時段。

BMO InvestorLine 投資優惠線提供盤前及盤後交易。若要在這些交易期間交易，請致電我們。

實時報價提供投資人一檔證券最近發生的交易的標的價格。

2級報價可以即時提供對市場的更多深入看法。這包括對於市場中的所有買進、賣出交易指令的規模及價格點。

5星客戶可享受2級報價及實時資訊。

買賣交易可以使用加幣或美元結算。這個選項可在股票、交易所買賣基金、期權等交易指令輸入頁面中選擇。

市價交易指令是立即以當時市價買賣證券的交易指令。這種交易指令的類型讓您有成交的最高可能性，但不保證執行交易指令的價格。

限價指令是以特定的價格或更好的價格買賣證券的交易指令。限價買進指令僅可以低於限價的價格買進證券，而限價賣出指令僅可以高於限價的價格賣出證券。

無限期限價止蝕指令是指以高於目前市價賣出股票的交易指令。一旦價格超過相當的觸發價格時，這個交易指令就變成了限價指令。

追蹤止蝕指令是指限價隨著股票價格上漲而上升，但是不會隨著股票價格下跌而改變的交易指令。當股票價格下跌並且達到止蝕價格時就會啟動此交易指令，成為賣出指令。

限價止蝕指令是當股票的價格下滑至或低於一既定的價格時便賣出該股票的交易指令。

是，BMO InvestorLine 投資優惠線會在執行交易及存入現金時，以實時的方式更新您的賬戶結餘及持有詳情。實時賬戶結餘會顯示於賬戶標籤及持有詳情中。

有。BMO InvestorLine 投資優惠線提供您加入股息再投資計劃（DRIP）的權利。DRIP是將從符合資格的證券發放的現金股息進行再投資的方式，既輕鬆且費用低。

DRIP讓投資人自動購買標的證券的額外股份，無論交易指令大小都不會產生佣金費用。股份購買可少到僅一個單位，許多公司會對證券的標的價格提供折扣以出售股份。

請點擊這裡以取得所有符合股息再投資的所有證券名單。合資格的證券可以按賬戶註冊（即所有證券自動註冊），也可以按證券註冊（即為您想要註冊的每種證券提供指示）。 請聯絡我們以立即註冊。

保證金交易是指向經紀商借資金買進證券的操作。所提供的貸款或借貸資金是由您投資組合中的資產價值做擔保，每天監督以確保您的賬戶在任何時間都維持有足夠可用的非借款資金水平。BMO InvestorLine 投資優惠線目前提供當日保證金交易功能。這是指在一般的市場交易期間，大約每五分鐘便計算一次保證金要求及結餘。

購買力反映出可用來購買證券的總資金。計算方式是將您賬戶的總價值扣除您賬戶中所有證券的保證金要求就可得出。

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

購買力擷取您的投資項目在盤中的市場波動，包括任何已經成交的交易指令，並且在交易時間中每五分鐘計算一次。

借方利息費用是從前一個月的第22天計算至（含）本月第31天期間的每月平均借方結餘計算得出。
對於上個月發生的變化，利息將在每月第22天計入您的月結單。

利率將視您在當期中借入資金的平均金額、所借資金的貨幣、以及目前的最優惠利率而定。 請點擊這裡以取得最新資訊。

BMO 活躍交易者提供一個強大的網路交易平台，讓您可簡單、精準地執行您的交易策略， 這是一個可完全客製化的工作空間，提供實時串流報價、尖端技術圖表及市場分析，讓您可快速交易北美股票、交易所買賣基金、期權等。

BMO InvestorLine 投資優惠線的5星會員將可自動取得BMO 活躍交易者的使用權。白金及鑽石會員將得到BMO 活躍交易者專業級，黃金會員將得到BMO 活躍交易者。

BMO InvestorLine 投資優惠線的5星計劃會員無需支付額外平台費或數據費即可使用BMO 活躍交易者專業級或BMO 活躍交易者。

您可在可透過以下一個網路瀏覽器在具有高速網路連線的 Windows或Mac作業系統的裝置上存取此平台：Google Chrome、Firefox、Microsoft Edge、Safari。

BMO 活躍交易者目前僅可在桌上型電腦及筆記型電腦上使用。

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.在此查看完整的佣金與費用一覽表。

是的，一旦您符合活躍交易者定價的資格，所有您的在同一客戶ID下的賬戶都將適用折扣費率。您可以登入並前往「客戶ID資料」頁面，在頁面的右上角點擊您的名字，在您的客戶ID下，即可查看您的賬戶。

此項優惠目前適用於現有的BMO InvestorLine 投資優惠線客戶。但是我們非常樂於與您討論您的交易需求及任何潛在選項。請於上午8時至下午6時的營業時間期間致電：1-888-776-6886聯絡我們。

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

您可點擊右上角您的名字，然後前往「客戶ID資料」，再點擊「交易活動」標籤，以查看您的交易次數。

新的活躍交易者定價將於2024年10月1日起生效。

活躍交易者的定價為連續3個月內執行達150次以上交易的合資格客戶，提供每筆網上交易$3.95的折扣佣金費率。如果您目前的佣金計算架構不同，您仍可能符合活躍交易者定價的資格。不過，我們建議您撥打：1-888-776-6886聯絡我們，以討論您的具體情況並決定符合您需求的最佳定價選項。

如果您已經註冊或選擇加入網上收取稅務文件的功能，您就可以在「電子文件」部分找到這些文件。

如果您無法在InvestorLine 投資優惠線網站上找到「電子文件」的部分，請閱讀或觀看如何存取的逐步說明。

附註：BMO Invest應用程式目前無法提供電子文件的功能

如果您已經註冊「僅限網上」為遞交您的稅務文件的喜好，則所有與稅務相關的文件都只可以電子方式在「電子文件」部分中提供。

如果您已經選擇「網上及郵寄」的選項，則稅務文件將郵寄至存檔的地址，同時也將以電子方式提供。

稅務文件提供將因賬戶類型及您選擇的遞交方式而不同。 點擊這裡以取得按照稅單類型發出詳情一覽表。

您可收到來自BMO InvestorLine 投資優惠線的各種不同的稅單。您收到的稅單將視您的賬戶類型、您賺取的收入、提供的供款而定。若要了解更多關於您可收到的稅務文件詳情、這些文件的目的，以及預計的提供日期等，請點擊這裡。

您收到的文件將適用於當前稅務年度。如果您需要造訪先前的稅務年度，請瀏覽「電子文件」部分，然後從下拉清單中選擇所需的年份。您只可看到您透過BMO InvestorLine 投資優惠線開設的賬戶年度期間的文件。

附註：有關特定的稅務建議及對每項文件的詳細了解，請諮詢專業的稅務顧問。

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

個人提交2025納稅年度報稅截止日期 - 2026年4月30日（在此日期之後會有罰款）

自僱人士提交2025納稅年度報稅截止日期 - 2026年6月15日（在此日期之後會有罰款）

請點擊這裡查看2025年納稅年度的其他日期。

附註：謹此提醒您，您必須確保收到了所有規定的稅單之後才開始準備報稅資料，以避免必須申請T1的修改表格以修改報稅資料。

為了有助簡化報稅的準備工作，我們對於您可能從BMO InvestorLine 投資優惠線收到的各種稅單及文件建立了一份總覽。請點擊這裡以查看您可能從BMO InvestorLine 投資優惠線收到的各種稅單及文件。 所收到的稅單因您所持有的賬戶類型及產品而定。

附註：有關特定的稅務建議及對每項文件的詳細了解，請諮詢專業的稅務顧問。

T3文件（以及RL-16、T5013、RL-15等套組資料）是由BMO InvestorLine 投資優惠線之外的第三方開立。某些外部開立人（例如互惠基金公司）會將稅務收據直接郵寄給您。請與相關的開立人確認對方提供文件的時間表。

2026年免稅儲蓄賬戶（TFSA）的最高供款金額是7,000加幣。若要查詢有關TFSA供款的更多詳情，請造訪加拿大稅務局網站。

只要您有社會保險號碼（SIN），未使用的供款額度將每年累積，即使您未申報所得稅及福利申報表或開設免稅儲蓄賬戶（TFSA）。

附註：如果您在2009年時是18或以上的年齡，您的免稅儲蓄賬戶（TFSA）供款額度將每年增加。如果您在2009年之後達到2009歲，您的TFSA供款額度會在您18歲那年開始增加，且在該年之後逐年累積。

請參考以下的累積供款額度，其假設是您在2009年時已至少達到18歲且迄今為止尚未供款。

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. 點擊這裡以取得按照稅單類型發出詳情一覽表。

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.

如果您賬戶中已經持有或繼續持有BMO 高利息儲蓄賬戶（HISA），我們將開出T5稅單。請點擊這裡以查看您會從BMO InvestorLine 投資優惠線收到的各種稅單及文件。 所收到的稅單因您所持有的賬戶類型及產品而定。

如果您發現您的稅單上有錯誤或您認為有問題，請聯絡我們以查看此問題並進一步討論。

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.