Q: Hi 5i
I thought I had a handle on the Mutual Fund Changes occurring currently but seems not.
Talking about the availability of some mutual Funds...........Banks preferring to not make available products from other firms..........so Advisors don't have to learn about them as KYC Rules require.
Here's the thing. I just tried to buy (add to current) BMO Small Cap Fund (BMO31136) through BMO Investorline and find I am no longer able to do so because of these changes.
I am getting the sense there are changes going on that are not positive for investors despite the desire of the Regulator.
Can you point me to an article/ information or tell me what's going on with Mutual Fund availability? As I try to deploy capital today and cannot, it does not feel positive to this investor.