BMO Guardian Funds
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What is the process for switching between Canadian and U.S. currency funds?

In the case of an all unit conversion, a switch is not possible and the transaction will be processed as a sell and a buy using the exchange rate provided by the bank at the time of the buy. In the case of a partial conversion, if a dollar figure is specified, the transaction will be placed as a switch using the exchange rate provided by the bank at that time.

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