FUND FACTS BMO Laddered Corporate Bond Fund Series A …

1 fund FACTSBMO Laddered Corporate bond FundSeries AMay 4, 2018 Manager: BMO Investments document contains key information you should know about BMO Laddered Corporate bond fund . You can find more details in the fund 's simplified prospectus. Ask yourrepresentative for a copy, contact BMO Investments Inc. at 1-800-665-7700 or or visit you invest in any fund , you should consider how it would work with your other investments and your tolerance for factsFund code(s):GGF70152 Date Series started:April 16, 2012 Total value of fund on April 6, 2018:$ MillionManagement expense ratio (MER) manager:BMO Investments manager(s):BMO Asset Management :Monthly (any net income) and in December (any net capitalgains)Minimum investment:$500 initial, $50 additionalWhat does the fund invest in?

2 This fund 's objective is to provide unitholders with a relatively stable level of investment income by investing primarily in a portfolio of Canadian fixed income securities,more or less equally allocated across maturities ranging from 1 to 5 years. This is commonly known as a " Laddered " portfolio. The fund may invest up to 10% of the fund 'sassets in foreign charts below give you a snapshot of the fund 's investments on April 6, 2018. The fund 's investments will 10 investments (April 6, 2018) Capital Canada Funding Company, Series A, Medium TermNotes, Senior, Unsecured, Jan 26, Energy, Inc., Series 5, Medium Term Notes, Unsecured,Callable, Nov 26, Capital Trust IV, Series 3, CaTS, Fixed to Floating, Unsecured,Notes, Subordinated, Callable, Jun 30, Companies Limited, Series 2019, Senior, Unsecured, Notes, Mar 12, Life Financial Inc.

3 , Series E, Senior, Unsecured, Debentures, Aug 23, Bank, The, Deposit Notes, Senior, Unsecured, Dec 22, of Montreal, Senior, Unsecured, Notes, Oct 28, Bank of Canada, Deposit Notes, Senior, Unsecured, 29, Natural Resources Limited, Medium Term Notes,Unsecured, Aug 14, of Montreal, Deposit Notes, Senior, Unsecured, Mar16, percentage of top 10 investments number of investments: 135 Investment mix (April 6, 2018)Portfolio /PayablesHow risky is it?The value of the fund can go down as well as up. You could lose way to gauge risk is to look at how much a fund 's returns change over is called "volatility".In general, funds with higher volatility will have returns that change more overtime. They typically have a greater chance of losing money and may have agreater chance of higher returns.

4 Funds with lower volatility tend to have returnsthat change less over time. They typically have lower returns and may have alower chance of losing Laddered Corporate bond FundSeries ARisk ratingBMO Investments Inc. has rated the volatility of this fund as rating is based on how much the fund 's returns have changed from year toyear. It doesn't tell you how volatile the fund will be in the future. The rating canchange over time. A fund with a low risk rating can still lose toMediumMediumMedium toHighHighFor more information about the risk rating and specific risks that can affect thefund's returns, see the "What are the risks of investing in a mutual fund " sectionof the fund 's simplified guaranteesLike most mutual funds, this fund doesn't have any may not get back the amount of money you has the fund performed?

5 This section tells you how Series A units of the fund have performed over the past 5 calendar years. Returns are after expenses have been deducted. These expenses reducethe Series ' returnsThis chart shows how Series A of the fund has performed in each of the past 5years. The Series dropped in value in 1 of the 5 years. The range of returns andchange from year to year can help you assess how risky the fund has been inthe past. It does not tell you how the fund will perform in the and worst 3-month returnsThis table shows the best and worst returns for Series A units of the fund in a 3-month period over the past 5 calendar years. The best and worst 3-month returns could behigher or lower in the future. Consider how much of a loss you could afford to take in a short period of months endingIf you invested $1,000 at the beginning of the periodBest 31, 2015 Your investment would rise to $1,019 Worst 31, 2017 Your investment would drop to $987 Average returnThe compound return of Series A of the fund since inception was as of March 31, 2018.

6 If you had invested $1,000 in this Series since inception, your investmentwould now be worth $1, is this fund for?Consider this fund if: you want to reduce the impact of changing interest rates upon the incomeearned from your investment you want exposure to fixed income securities issued by Canadiancorporations you are comfortable with low investment risk ( , you are willing to acceptsome fluctuations in the market value of your investment over theshort-term) you plan to hold this investment for the medium to long word about taxIn general, you'll have to pay income tax on any money you make on a much you pay depends on the tax laws where you live and whether or notyou hold the fund in a registered plan such as a Registered Retirement SavingsPlan or a Tax-Free Savings in mind that if you hold your fund in a non-registered account, funddistributions are included in your taxable income, whether you get them in cashor have them much does it cost?

7 The following tables show the fees and expenses you could pay to buy, own and sell Series A units of the fund . The fees and expenses, including any commissions, can varyamong Series of a fund and among funds. Higher commissions can influence representatives to recommend one investment over another. Ask about other funds andinvestments that may be suitable for you at a lower Sales chargesYou pay no sales or redemption charges to BMO Investments Inc. if you buy or redeem Series A units of the Laddered Corporate bond FundSeries A2. fund expensesYou don t pay these expenses directly. They affect you because they reduce the returns of this Series of the of September 30, 2017, the Series A expenses of the fund were of its value. This equals $15 for every $1,000 rate (as a % ofthe Series ' value)Management expense ratio (MER)This is the total of the management fee (which includes trailing commission), a fixed administration fee and operating expenses forSeries A units of the fund .

8 BMO Investments Inc. waived some of this Series ' expenses. If they had not done so, the MER wouldhave been expense ratio (TER)These are the fund s trading costs. fund about the trailing commissionThe trailing commission is an ongoing commission. It is paid for as long as you own the fund . It is for the services and/or advice that your representative and/or their firmprovide to you. BMO Investments Inc. pays the trailing commission to your representative's firm. It is paid from the fund 's management fee and is based on the value ofyour investment. The rate depends on the sales charge option you load trailing commission - 0% to of the value of your investment each year. This equals $0 to $ each year for every $1,000 Other feesYou may have to pay other fees when you buy, hold, sell or switch units of the you payShort-term trading fee0% to 2% of the amount that you redeem or switch if you buy or switch and then redeem or switch units of the fund within30 days of purchasing or switching them.

9 This penalty will be paid directly to the feeNone. You may have to pay a switch fee of up to 2% of the value of the securities redeemed for switching if you investthrough a registered broker or a representative's firm other than BMO Investments if I change my mind?Under securities law in some provinces and territories, you have the right to: withdraw from an agreement to buy mutual funds within two business daysafter you receive a simplified prospectus or fund FACTS documents, or cancel your purchase within 48 hours after you receive confirmation of some provinces and territories, you also have the right to cancel a purchase,or in some jurisdictions, claim damages, if the simplified prospectus, annualinformation form, fund Fact documents or financial statements contain amisrepresentation.

10 You must act within the time limit set by the securities lawin your province or more information, see the securities law of your province or territory or aska more informationContact BMO Investments Inc. or your representative for a copy of the fund 'ssimplified prospectus and other disclosure documents. These documents andthe fund FACTS make up the fund s legal Investments Canadian Place100 King Street West, 43rd FloorToronto, OntarioM5X 1A1 Toll Free : learn more about investing in mutual funds, see the brochureUnderstanding mutual funds, which is available on the website of theCanadian Securities Administrators at