EX-99.(D)(2) 16 d39793dex99d2.htm AMENDED AND RESTATED SCHEDULES A AND B TO INVESTMENT ADVISORY CONTRACT Amended and Restated Schedules A and B to Investment Advisory Contract

AMENDED AND RESTATED

SCHEDULE A

to the

Investment Advisory Agreement

(as of December 23, 2020)

BMO Funds

 

Portfolio

  

Effective Date

  

Initial Term*

BMO Low Volatility Equity Fund

   September 27, 2012    August 31, 2013

BMO Large-Cap Value Fund

   October 6, 2011    August 31, 2012

BMO Dividend Income Fund

   December 29, 2011    August 31, 2012

BMO Large-Cap Growth Fund

   October 6, 2011    August 31, 2012

BMO Mid-Cap Value Fund

   October 6, 2011    August 31, 2012

BMO Mid-Cap Growth Fund

   October 6, 2011    August 31, 2012

BMO Small-Cap Value Fund

   October 6, 2011    August 31, 2012

BMO Small-Cap Growth Fund

   October 6, 2011    August 31, 2012

BMO Pyrford International Stock Fund

   December 29, 2011    August 31, 2012

BMO LGM Emerging Markets Equity Fund

   October 6, 2011    August 31, 2012

BMO Ultra Short Tax-Free Fund

   October 6, 2011    August 31, 2012

BMO Short Tax-Free Fund

   September 27, 2012    August 31, 2013

BMO Short-Term Income Fund

   October 6, 2011    August 31, 2012

BMO Intermediate Tax-Free Fund

   October 6, 2011    August 31, 2012

BMO Strategic Income Fund

   October 6, 2011    August 31, 2012

BMO Corporate Income Fund

   October 6, 2011    August 31, 2012

BMO Core Plus Bond Fund

   October 6, 2011    August 31, 2012

BMO Government Money Market Fund

   October 6, 2011    August 31, 2012

BMO Tax-Free Money Market Fund

   October 6, 2011    August 31, 2012

BMO Prime Money Market Fund

   October 6, 2011    August 31, 2012

BMO Global Low Volatility Equity Fund

   September 30, 2013    August 31, 2015

BMO Conservative Allocation Fund

   May 30, 2014    August 31, 2015

BMO Moderate Allocation Fund

   May 30, 2014    August 31, 2015

BMO Balanced Allocation Fund

   May 30, 2014    August 31, 2015

BMO Growth Allocation Fund

   May 30, 2014    August 31, 2015

BMO Aggressive Allocation Fund

   May 30, 2014    August 31, 2015

BMO Disciplined International Equity Fund

   August 26, 2015    August 26, 2017


* After the Initial Term, the Agreement may continue in effect for successive periods of one year as provided in Section 10 of the Agreement.


AMENDED AND RESTATED

SCHEDULE B

to the

Investment Advisory Agreement

For all services rendered by the Adviser pursuant to the Agreement, each Portfolio of the Fund shall pay to the Adviser and the Adviser agrees to accept as full compensation for all services rendered, an annual investment advisory fee calculated by applying the applicable annual rate to the average daily net assets of the Portfolio as set forth below.

 

     Annual Investment Advisory Fee as a Percentage of
Each Portfolio’s Aggregate Daily Net Assets

Portfolio                                                                                          

   on the first
$500 million
   on the next
$200 million
   on the next
$100 million
   in excess of
$800 million

BMO Low Volatility Equity Fund

   0.40%    0.39%    0.35%    0.30%

BMO Dividend Income Fund

   0.50%    0.49%    0.45%    0.40%

BMO Mid-Cap Value Fund

   0.685%    0.67%    0.57%    0.51%

BMO Mid-Cap Growth Fund

   0.685%    0.67%    0.57%    0.51%

BMO Small-Cap Value Fund

   0.685%    0.68%    0.62%    0.61%

BMO Small-Cap Growth Fund

   0.685%    0.68%    0.62%    0.61%

BMO Pyrford International Stock Fund

   0.735%    0.72%    0.62%    0.56%

BMO LGM Emerging Markets Equity Fund

   0.90%    0.89%    0.85%    0.80%

BMO Global Low Volatility Equity Fund

   0.50%    0.49%    0.45%    0.40%
     Annual Investment Advisory Fee as a Percentage of
Each Portfolio’s Aggregate Daily Net Assets

Portfolio                                                                                          

   on the first
$100 million
   on the next
$150 million
   on the next
$250 million
   in excess of
$500 million

BMO Ultra Short Tax-Free Fund

   0.20%    0.19%    0.17%    0.10%

BMO Short Tax-Free Fund

   0.20%    0.19%    0.17%    0.15%

BMO Short-Term Income Fund

   0.20%    0.19%    0.17%    0.10%

BMO Intermediate Tax-Free Fund

   0.25%    0.16%    0.12%    0.10%

BMO Strategic Income Fund

   0.25%    0.20%    0.20%    0.20%

BMO Corporate Income Fund

   0.20%    0.19%    0.15%    0.10%

BMO Core Plus Bond Fund

   0.25%    0.16%    0.12%    0.10%

 

     Annual Investment Advisory Fee as a Percentage of
Each Portfolio’s Aggregate Daily Net Assets

Portfolio                                                                                          

   on the first
$1 billion
   on the next
$1 billion
   in excess
of $2 billion

BMO Large-Cap Value Fund

   0.35%    0.325%    0.30%

BMO Large-Cap Growth Fund

   0.35%    0.325%    0.30%

BMO Disciplined International Equity Fund

   0.60%    0.575%    0.55%


     Annual Investment Advisory Fee as a Percentage of
Each Portfolio’s Aggregate Daily Net Assets

Portfolio                                     

   on the first
$2 billion
   on the next
$2 billion
   on the next
$2 billion
   on the next
$2 billion
   in excess
of $8 billion

BMO Government Money Market Fund

   0.200%    0.185%    0.170%    0.155%    0.140%

BMO Tax-Free Money Market Fund

   0.200%    0.185%    0.170%    0.155%    0.140%

BMO Prime Money Market Fund

   0.150%    0.135%    0.120%    0.105%    0.090%

The investment advisory fee shall accrue daily at the rate of 1/365th of the applicable annual rate applied to the daily net assets of the Portfolio. The investment advisory fee so accrued shall be paid to the Adviser monthly.

No investment advisory fee shall be payable to the Adviser with respect to the following portfolios of the Fund:

 

                                                                                            Portfolio                                 
  BMO Conservative Allocation Fund
  BMO Moderate Allocation Fund
  BMO Balanced Allocation Fund
  BMO Growth Allocation Fund
  BMO Aggressive Allocation Fund

Effective this 23rd day of December, 2020.

 

BMO Funds, Inc.       BMO Asset Management Corp.
By:   

/s/John M. Blaser

      By:   

/s/Steve Arquilla

Name:    John M. Blaser            Name:    Steve Arquilla
Title:    President       Title:    Head, U.S. Global Asset Management Governance
            and BMO Institutional Trust Services
        

BMO Asset Management Corp.

         By:   

/s/Pete Papageorgakis

         Name:    Pete Papageorgakis
         Title:    Head of Product