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Understanding ETFs: How to Use ETFs with Alfred LeeThe cost of the underlying ETFs are included in management fees of the BMO Tactical Global Equity ETF Fund. BMO Mutual Funds refers to certain mutual funds and/. BMO Tactical Global Asset Allocation ETF Fund A. (Tactical Balanced) portfolio of equity and fixed income exchange traded funds. The portfolio. This fund's objective is to provide long-term capital growth and current income by investing primarily in a diversified portfolio of exchange traded funds that.