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Capital gains distributions � a fund will realize capital gains when it sells an investment for more than its cost. If securities are held in your non-registered account, you will generally realize a capital gain or capital loss when you redeem or otherwise dispose of your securities. For a summary of the risks of an investment in BMO Mutual Funds, please see the specific risks set out in the prospectus. Mutual fund taxation. Distributions paid as a result of capital gains realized by a BMO Mutual Fund, and income and dividends earned by a BMO Mutual Fund, are taxable in your hands in the year they are paid.
