TORONTO, July 14, 2025 – BMO Investments Inc. (“BMOII”) has announced the final net asset values (NAVs) for the ETF Series of three previously terminated ARK-aligned mutual funds:
- BMO ARK Genomic Revolution Fund (ARKG)
- BMO ARK Innovation Fund (ARKK)
- BMO ARK Next Generation Internet Fund (ARKW)
In line with its April 16, 2025 pre-announcement, BMOII completed the termination of the funds effective July 11, 2025. Prior to that, units were de-listed from Cboe Canada as of July 7, 2025. At termination, all outstanding units were redeemed at their final NAVs, with no final distributions issued.
Final NAVs per unit at termination:
- ARKG: $11.00391
- ARKK: $28.69815
- ARKW: $47.23350
BMOII reiterated investor cautions on ETF Series products, highlighting risks related to market fluctuations and trading at discounts to NAV.
