Paula went to the Bank of Montreal $($BMO$)$ and opened a Tax$-$Free Savings Account

$($TFSA$).$ She is looking to purchase one of their mutual funds as she has $$650$ to invest

now and is planning on saving $$75$ out of her monthly pay cheque to further invest on a

regular basis in the same fund. Paula is researching the BMO US Equity Fund. She is

looking for a medium risk fund that invests in American companies. She does not want the

Management Expense Ratio $($MER$\text{'}$s$)$ to be over $2\mathrm{.}50\%$ and wants a mutual fund that is no

load with no trailing commissions or trailer fees. Does the BMO U$.$S$.$ Equity Fund Series A

meet her criteria?

a$)$ True

b$)$ False