BMO Announces Annual Reinvested Distributions for BMO Exchange Traded Funds and ETF Series of BMO Mutual Funds

BMO Announces Annual Reinvested Distributions for BMO Exchange Traded Funds and ETF Series of BMO Mutual Funds

Dec 19 2025 20:54 GMT

TORONTO , Dec. 19, 2025 /CNW/ - BMO Asset Management Inc., as manager of the BMO ETFs, and BMO Investments Inc., as manager of the BMO Mutual Funds, today announced the 2025 annual reinvested distributions for unitholders of BMO ETFs and unitholders of ETF Series units of the BMO Mutual Funds (ETF Series)¹ that distribute monthly, quarterly and annually, as set out in the tables below. These annual reinvested distributions generally represent realized capital gains and special income within the BMO ETFs and ETF Series, and are paid to unitholders, as required, to ensure that the BMO ETFs and ETF Series are not liable for ordinary income tax.

Unitholders of record of the BMO ETFs and ETF Series at the close of business on December 30, 2025 will receive the 2025 annual reinvested distributions. The actual taxable amounts, including the tax characteristics, will be reported in 2026.

Please note that the cash distributions will be reported separately and may be applicable to some BMO ETFs and/or ETF Series also making annual reinvested distributions.

Details of the per-unit annual reinvested distribution amounts are as follows:

Fund Name	Ticker	Reinvested Distribution ($)
BMO AAA CLO ETF	ZAAA	$0.000
BMO AAA CLO ETF (Hedged Units)	ZAAA.F	$0.000
BMO AAA CLO ETF (USD Units*)	ZAAA.U	$0.000
BMO Aggregate Bond Index ETF	ZAG	$0.000
BMO All-Equity ETF	ZEQT	$0.135
BMO Balanced ESG ETF	ZESG	$0.070
BMO Balanced ETF (Fixed Percentage Distribution Units)	ZBAL.T	$0.000
BMO Balanced ETF	ZBAL	$0.105
BMO BBB CLO ETF	ZBBZ	$0.000
BMO BBB CLO ETF (Hedged Units)	ZBBZ.F	$0.000
BMO BBB CLO ETF (USD Units*)	ZBBZ.U	$0.011
BMO BBB Corporate Bond Index ETF	ZBBB	$0.000
BMO Broad Commodity ETF	ZCOM	$0.630
BMO Brookfield Global Real Estate Tech Fund (ETF Series)	TOWR	$0.300
BMO Brookfield Global Renewables Infrastructure Fund (ETF Series)	GRNI	$0.000
BMO Canadian Bank Income Index ETF	ZBI	$0.090
BMO Canadian Core Plus US Balanced ETF	ZBCB	$0.110
BMO Canadian Dividend ETF	ZDV	$1.880
BMO Canadian Equity Plus ETF	ZBEC	$0.000
BMO Canadian High Dividend Covered Call ETF	ZWC	$0.000
BMO Canadian MBS Index ETF	ZMBS	$0.417
BMO Clean Energy Index ETF	ZCLN	$0.270
BMO Conservative ETF	ZCON	$0.015
BMO Core Plus Bond Fund (ETF Series)	ZCPB	$0.070
BMO Corporate Bond Index ETF	ZCB	$0.000
BMO Corporate Discount Bond ETF	ZCDB	$0.672
BMO Covered Call Canadian Banks ETF	ZWB	$0.000
BMO Covered Call Canadian Banks ETF (USD Units*)	ZWB.U	$0.000
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF	ZWA	$0.000
BMO Covered Call Energy ETF	ZWEN	$0.000
BMO Covered Call Health Care ETF	ZWHC	$0.000
BMO Covered Call Spread Gold Bullion ETF	ZWGD	$0.000
BMO Covered Call Technology ETF	ZWT	$0.000
BMO Covered Call US Banks ETF	ZWK	$0.000
BMO Covered Call Utilities ETF	ZWU	$0.000
BMO Discount Bond Index ETF	ZDB	$0.000
BMO Dow Jones Industrial Average Hedged to CAD Index ETF	ZDJ	$0.170
BMO Emerging Markets Bond Hedged to CAD Index ETF	ZEF	$0.000
BMO Equal Weight Banks Index ETF	ZEB	$0.175
BMO Equal Weight Global Base Metals Hedged to CAD Index ETF	ZMT	$0.000
BMO Equal Weight Global Gold Index ETF	ZGD	$14.680
BMO Equal Weight Industrials Index ETF	ZIN	$0.010
BMO Equal Weight Oil & Gas Index ETF	ZEO	$0.940
BMO Equal Weight REITs Index ETF	ZRE	$0.270
BMO Equal Weight US Banks Hedged to CAD Index ETF	ZUB	$0.145
BMO Equal Weight US Banks Index ETF	ZBK	$0.215
BMO Equal Weight US Health Care Hedged to CAD Index ETF	ZUH	$0.000
BMO Equal Weight US Health Care Index ETF	ZHU	$0.000
BMO Equal Weight Utilities Index ETF	ZUT	$0.470
BMO ESG Corporate Bond Index ETF	ESGB	$0.000
BMO ESG US Corporate Bond Hedged to CAD Index ETF	ESGF	$0.052
BMO Europe High Dividend Covered Call ETF	ZWP	$0.000
BMO Europe High Dividend Covered Call Hedged to CAD ETF	ZWE	$0.000
BMO Floating Rate High Yield ETF	ZFH	$0.185
BMO Global Agriculture ETF	ZEAT	$0.170
BMO Global Communications Index ETF	COMM	$1.460
BMO Global Consumer Discretionary Hedged to CAD Index ETF	DISC	$1.440
BMO Global Consumer Staples Hedged to CAD Index ETF	STPL	$0.180
BMO Global Dividend Opportunities Fund (Active ETF Series)	BGDV	$1.766
BMO Global Enhanced Income Fund (ETF Series)	ZWQT	$0.000
BMO Global Equity Fund (Active ETF Series)	BGEQ	$0.910
BMO Global Health Care Fund (Active ETF Series)	BGHC	$0.000
BMO Global High Dividend Covered Call ETF	ZWG	$0.905
BMO Global Infrastructure Fund (Active ETF Series)	BGIF	$0.000
BMO Global Infrastructure Index ETF	ZGI	$1.250
BMO Global Innovators Fund (Active ETF Series)	BGIN	$0.000
BMO Global REIT Fund (Active ETF Series)	BGRT	$0.000
BMO Global Strategic Bond Fund (ETF Series)	ZGSB	$0.000
BMO Gold Bullion ETF	ZGLD	$0.000
BMO Gold Bullion ETF (USD Units*)	ZGLD.U	$0.000
BMO Gold Bullion Hedged to CAD ETF	ZGLH	$0.000
BMO Government Bond Index ETF	ZGB	$0.040
BMO Growth ETF (Fixed Percentage Distribution Units)	ZGRO.T	$0.000
BMO Growth ETF	ZGRO	$0.155
BMO High Quality Corporate Bond Index ETF	ZQB	$0.000
BMO High Yield US Corporate Bond Hedged to CAD Index ETF	ZHY	$0.021
BMO High Yield US Corporate Bond Index ETF	ZJK	$0.059
BMO High Yield US Corporate Bond Index ETF (USD Units*)	ZJK.U	$0.120
BMO Human Capital Factor US Equity ETF	ZHC	$0.300
BMO International Dividend ETF	ZDI	$0.710
BMO International Dividend Hedged to CAD ETF	ZDH	$0.090
BMO Japan Index ETF	ZJPN	$0.210
BMO Japan Index ETF (Hedged Units)	ZJPN.F	$0.000
BMO Junior Gold Index ETF	ZJG	$0.000
BMO Laddered Preferred Share Index ETF	ZPR	$0.000
BMO Laddered Preferred Share Index ETF (USD Units*)	ZPR.U	$0.000
BMO Long Corporate Bond Index ETF	ZLC	$0.000
BMO Long Federal Bond Index ETF	ZFL	$0.010
BMO Long Provincial Bond Index ETF	ZPL	$0.013
BMO Long Short Canadian Equity ETF	ZLSC	$0.000
BMO Long Short US Equity ETF	ZLSU	$0.000
BMO Long-Term US Treasury Bond Index ETF	ZTL	$0.894
BMO Long-Term US Treasury Bond Index ETF (Hedged Units)	ZTL.F	$0.130
BMO Long-Term US Treasury Bond Index ETF (USD Units*)	ZTL.U	$0.280
BMO Low Volatility Canadian Equity ETF	ZLB	$2.330
BMO Low Volatility Emerging Markets Equity ETF	ZLE	$0.000
BMO Low Volatility International Equity ETF	ZLI	$0.090
BMO Low Volatility International Equity Hedged to CAD ETF	ZLD	$0.100
BMO Low Volatility US Equity ETF	ZLU	$2.520
BMO Low Volatility US Equity ETF (USD Units*)	ZLU.U	$1.720
BMO Low Volatility US Equity Hedged to CAD ETF	ZLH	$1.580
BMO Mid Corporate Bond Index ETF	ZCM	$0.025
BMO Mid Federal Bond Index ETF	ZFM	$0.020
BMO Mid Provincial Bond Index ETF	ZMP	$0.000
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF	ZMU	$0.003
BMO Mid-Term US IG Corporate Bond Index ETF	ZIC	$0.031
BMO Mid-Term US IG Corporate Bond Index ETF (USD Units*)	ZIC.U	$0.020
BMO Mid-Term US Treasury Bond Index ETF	ZTM	$0.000
BMO Mid-Term US Treasury Bond Index ETF (USD Units*)	ZTM.U	$0.360
BMO Money Market Fund (ETF Series)	ZMMK	$0.000
BMO Monthly Income ETF	ZMI	$0.560
BMO Monthly Income ETF (USD Units*)	ZMI.U	$0.110
BMO MSCI ACWI Paris Aligned Climate Equity Index ETF	ZGRN	$0.060
BMO MSCI All Country World High Quality Index ETF	ZGQ	$2.620
BMO MSCI Canada Selection Equity Index ETF	ESGA	$0.220
BMO MSCI Canada Value Index ETF	ZVC	$0.220
BMO MSCI China Selection Equity Index ETF	ZCH	$0.000
BMO MSCI EAFE Hedged to CAD Index ETF	ZDM	$0.170
BMO MSCI EAFE High Quality Index ETF	ZIQ	$1.240
BMO MSCI EAFE Index ETF	ZEA	$0.120
BMO MSCI EAFE Selection Equity Index ETF	ESGE	$0.160
BMO MSCI Emerging Markets Index ETF	ZEM	$0.000
BMO MSCI Europe High Quality Hedged to CAD Index ETF	ZEQ	$0.000
BMO MSCI Global Selection Equity Index ETF	ESGG	$0.160
BMO MSCI India Selection Equity Index ETF	ZID	$2.450
BMO MSCI USA High Quality Index ETF	ZUQ	$4.160
BMO MSCI USA High Quality Index ETF (Hedged Units)	ZUQ.F	$0.070
BMO MSCI USA High Quality Index ETF (USD Units*)	ZUQ.U	$3.285
BMO MSCI USA Selection Equity Index ETF	ESGY	$0.160
BMO MSCI USA Selection Equity Index ETF (Hedged Units)	ESGY.F	$0.004
BMO MSCI USA Value Index ETF	ZVU	$1.920
BMO Nasdaq 100 Equity Hedged to CAD Index ETF	ZQQ	$5.650
BMO NASDAQ 100 Equity Index ETF	ZNQ	$0.270
BMO NASDAQ 100 Equity Index ETF (USD Units*)	ZNQ.U	$0.000
BMO Premium Yield ETF	ZPAY	$0.820
BMO Premium Yield ETF (Hedged Units)	ZPAY.F	$0.245
BMO Premium Yield ETF (USD Units*)	ZPAY.U	$0.570
BMO Real Return Bond Index ETF	ZRR	$0.000
BMO S&P 500 Hedged to CAD Index ETF	ZUE	$0.160
BMO S&P 500 Index ETF	ZSP	$0.240
BMO S&P 500 Index ETF (USD Units*)	ZSP.U	$0.160
BMO S&P US Mid Cap Index ETF	ZMID	$0.630
BMO S&P US Mid Cap Index ETF (Hedged Units)	ZMID.F	$0.000
BMO S&P US Mid Cap Index ETF (USD Units*)	ZMID.U	$0.070
BMO S&P US Small Cap Index ETF	ZSML	$0.150
BMO S&P US Small Cap Index ETF (Hedged Units)	ZSML.F	$0.020
BMO S&P US Small Cap Index ETF (USD Units*)	ZSML.U	$0.050
BMO S&P/TSX 60 Index ETF	ZIU	$0.200
BMO S&P/TSX Capped Composite Index ETF	ZCN	$0.020
BMO Short Corporate Bond Index ETF	ZCS	$0.015
BMO Short Corporate Bond Index ETF (Accumulating Units)	ZCS.L	$0.290
BMO Short Federal Bond Index ETF	ZFS	$0.040
BMO Short Federal Bond Index ETF (Accumulating Units)	ZFS.L	$0.190
BMO Short Provincial Bond Index ETF	ZPS	$0.000
BMO Short Provincial Bond Index ETF (Accumulating Units)	ZPS.L	$0.160
BMO Short-Term Bond Index ETF	ZSB	$0.000
BMO Short-Term Discount Bond ETF	ZSDB	$0.400
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF	ZSU	$0.025
BMO Short-Term US TIPS Index ETF	ZTIP	$0.010
BMO Short-Term US TIPS Index ETF (Hedged Units)	ZTIP.F	$0.070
BMO Short-Term US TIPS Index ETF (USD Units*)	ZTIP.U	$0.050
BMO Short-Term US Treasury Bond Index ETF	ZTS	$0.000
BMO Short-Term US Treasury Bond Index ETF (USD Units*)	ZTS.U	$0.000
BMO SIA Focused Canadian Equity Fund (ETF Series)	ZFC	$2.660
BMO SIA Focused North American Equity Fund (ETF Series)	ZFN	$5.260
BMO SPDR Communication Services Select Sector Index ETF	ZXLC	$0.000
BMO SPDR Communication Services Select Sector Index ETF (Hedged Units)	ZXLC.F	$0.000
BMO SPDR Consumer Discretionary Select Sector Index ETF	ZXLY	$0.000
BMO SPDR Consumer Discretionary Select Sector Index ETF (Hedged Units)	ZXLY.F	$0.000
BMO SPDR Consumer Staples Select Sector Index ETF	ZXLP	$0.000
BMO SPDR Consumer Staples Select Sector Index ETF (Hedged Units)	ZXLP.F	$0.360
BMO SPDR Energy Select Sector Index ETF	ZXLE	$0.100
BMO SPDR Energy Select Sector Index ETF (Hedged Units)	ZXLE.F	$0.070
BMO SPDR Financials Select Sector Index ETF	ZXLF	$0.020
BMO SPDR Financials Select Sector Index ETF (Hedged Units)	ZXLF.F	$0.030
BMO SPDR Health Care Select Sector Index ETF	ZXLV	$0.010
BMO SPDR Health Care Select Sector Index ETF (Hedged Units)	ZXLV.F	$0.070
BMO SPDR Industrials Select Sector Index ETF	ZXLI	$0.070
BMO SPDR Industrials Select Sector Index ETF (Hedged Units)	ZXLI.F	$0.020
BMO SPDR Materials Select Sector Index ETF	ZXLB	$0.050
BMO SPDR Materials Select Sector Index ETF (Hedged Units)	ZXLB.F	$0.730
BMO SPDR Real Estate Select Sector Index ETF	ZXLR	$0.100
BMO SPDR Real Estate Select Sector Index ETF (Hedged Units)	ZXLR.F	$1.100
BMO SPDR Technology Select Sector Index ETF	ZXLK	$1.970
BMO SPDR Technology Select Sector Index ETF (Hedged Units)	ZXLK.F	$3.750
BMO SPDR Utilities Select Sector Index ETF	ZXLU	$0.040
BMO SPDR Utilities Select Sector Index ETF (Hedged Units)	ZXLU.F	$0.040
BMO Sustainable Global Multi-Sector Bond Fund (ETF Series)	ZMSB	$0.160
BMO Tactical Dividend ETF Fund (ETF Series)	ZZZD	$0.000
BMO Target 2027 Canadian Corporate Bond ETF	ZXCO	$0.000
BMO Target 2028 Canadian Corporate Bond ETF	ZXCP	$0.000
BMO Target 2029 Canadian Corporate Bond ETF	ZXCQ	$0.000
BMO U.S. All Cap Equity Fund (ETF Series)	ZACE	$0.000
BMO Ultra Short-Term Bond ETF	ZST	$0.463
BMO Ultra Short-Term Bond ETF (Accumulating Units)	ZST.L	$0.550
BMO Ultra Short-Term US Bond ETF (USD Units*)	ZUS.U	$0.000
BMO Ultra Short-Term US Bond ETF (USD Accumulating Units )	ZUS.V	$0.720
BMO US Aggregate Bond Index ETF	ZUAG	$0.966
BMO US Aggregate Bond Index ETF (Hedged Units)	ZUAG.F	$0.162
BMO US Aggregate Bond Index ETF (USD Units*)	ZUAG.U	$0.300
BMO US Dividend ETF	ZDY	$2.690
BMO US Dividend ETF (USD Units*)	ZDY.U	$2.140
BMO US Dividend Growth ETF	ZBDU	$0.000
BMO US Dividend Growth ETF (Hedged Units)	ZBDU.F	$0.000
BMO US Dividend Hedged to CAD ETF	ZUD	$0.455
BMO US Equity Buffer Hedged to CAD ETF – April	ZAPR	$0.119
BMO US Equity Buffer Hedged to CAD ETF – January	ZJAN	$0.078
BMO US Equity Buffer Hedged to CAD ETF – July	ZJUL	$0.089
BMO US Equity Buffer Hedged to CAD ETF – October	ZOCT	$0.000
BMO US Equity Focused ETF	ZBEU	$0.000
BMO US Equity Focused ETF (Hedged Units)	ZBEU.F	$0.000
BMO US High Dividend Covered Call ETF	ZWH	$0.000
BMO US High Dividend Covered Call ETF (USD Units*)	ZWH.U	$0.000
BMO US High Dividend Covered Call Hedged to CAD ETF	ZWS	$0.000
BMO US Large Cap Disciplined Value ETF	ZBVU	$0.380
BMO US Preferred Share Hedged to CAD Index ETF	ZHP	$0.070
BMO US Preferred Share Index ETF	ZUP	$0.090
BMO US Preferred Share Index ETF (USD Units*)	ZUP.U	$0.070
BMO US Put Write ETF	ZPW	$0.000
BMO US Put Write ETF (USD Units*)	ZPW.U	$0.000
BMO US Put Write Hedged to CAD ETF	ZPH	$0.000
BMO USD Cash Management ETF	ZUCM	$0.000
BMO USD Cash Management ETF (USD Units*)	ZUCM.U	$0.000
BMO Women in Leadership Fund (ETF Series)	WOMN	$0.000

*Reinvested distribution per unit ($) amounts are USD for ZAAA.U, ZBBZ.U, ZWB.U, ZGLD.U, ZJK.U, ZPR.U, ZTL.U, ZLU.U, ZIC.U, ZTM.U, ZMI.U, ZUQ.U, ZNQ.U, ZPAY.U, ZSP.U, ZMID.U, ZSML.U, ZTIP.U, ZTS.U, ZUS.U, ZUS.V, ZUAG.U, ZDY.U, ZWH.U, ZUP.U, ZPW.U, and ZUCM.U.

¹ BMO ETFs are managed and administered by BMO Asset Management Inc., an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal. ETF Series of the BMO Mutual Funds are offered by BMO Investments Inc., an investment fund manager and a separate legal entity from Bank of Montreal.

The Dow Jones Industrial Average Index CAD Hedged is a product of Dow Jones Opco, LLC ("Dow Jones Opco"), a subsidiary of S&P Dow Jones Indices LLC, and has been licensed for use. "Dow Jones®" and "Industrial Average Index CAD Hedged" are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones"), and have been licensed to Dow Jones Opco and sublicensed by BMO Asset Management Inc. in connection with ZWA and ZDJ. ZWA and ZDJ are not sponsored, endorsed, sold or promoted by Dow Jones Opco, Dow Jones and their respective affiliates, and they make no representation regarding the advisability of trading or investing in ZWA and ZDJ.

The BMO ETFs or securities referred to herein are not sponsored, endorsed or promoted by MSCI Inc. ("MSCI"), and MSCI bears no liability with respect to any such BMO ETFs or securities or any index on which such BMO ETFs or securities are based. The prospectus of the BMO ETFs contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related BMO ETFs.

NASDAQ®, and NASDAQ-100 Index® Hedged to CAD and BMO NASDAQ 100 Equity Index ETF, are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by BMO Asset Management Inc. BMO Nasdaq 100 Equity Hedged to CAD Index ETF has not been passed on by the Corporations as to their legality or suitability and is not issued, endorsed, sold, or promoted by the Corporations. The corporations make no warranties and bear no liability with respect to the BMO Nasdaq 100 Equity Hedged to CAD Index ETF and BMO NASDAQ 100 Equity Index ETF (including USD Units).

S&P®, S&P/TSX Capped Composite®, S&P 500® are trademarks of Standard & Poor's Financial Services LLC ("S&P"). "TSX" is a trademark of TSX Inc. These trademarks have been licensed for use by S&P Dow Jones Indices LLC and sublicensed to BMO Asset Management Inc. in connection with ZUE, ZSP, ZSP.U, ZMID, ZMID.F, ZMID.U, ZSML, ZSML.F, ZSML.U, ZIU and ZCN. These BMO ETFs are not sponsored, endorsed, sold or promoted by S&P Dow Jones LLC, S&P, TSX, or their respective affiliates and S&P Dow Jones Indices LLC, S&P, TSX and their affiliates make no representation regarding the advisability of trading or investing in such BMO ETFs.

Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at www.bmoetfs.com.

Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds. Please read the applicable ETF Facts document or prospectus before investing. BMO ETFs and ETF Series of the BMO Mutual Funds are not guaranteed, their values change frequently, and past performance may not be repeated. For a summary of the risks of an investment in the BMO ETFs or ETF Series of the BMO Mutual Funds, please see the specific risks set out in the prospectus. Units of the BMO ETFs and ETF Series securities of the BMO Mutual Funds may be bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. Distributions are not guaranteed and are subject to change and/or elimination.

Distribution rates may change without notice (up or down) depending on market conditions. The payment of distributions should not be confused with an investment fund's performance, rate of return or yield. If distributions paid by an investment fund are greater than the performance of the fund, your original investment will shrink.

Distributions of net income and net taxable gains of a BMO ETF will be included in the unitholder's income for tax purposes in the year they are paid, whether or not such amounts are reinvested in additional units. A unitholder's adjusted cost base will be reduced by the amount of any returns of capital. If a unitholder's adjusted cost base goes below zero, such unitholder will have to pay capital gains tax on the amount below zero. Please refer to the summary of the principal income tax considerations set out in the prospectus for the relevant BMO ETF. Investors should also consult their own tax advisors about their individual circumstances.

"BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.

About BMO Global Asset Management

BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate. Certain of the products and services offered under the brand name, BMO Global Asset Management, are designed specifically for various categories of investors in Canada and may not be available to all investors.

About BMO Financial Group 

BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.5 trillion as of October 31, 2025. Serving clients for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to approximately 13 million clients across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities. 

SOURCE BMO Financial Group

Company Announcements

BMO Announces Annual Reinvested Distributions for BMO Exchange Traded Funds and ETF Series of BMO Mutual Funds