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Portfolio Manager Interview with BMO ETFs on Covered Call Enhanced Income StrategiesIt's sometimes grouped in with so-called 'robo advisor' services, though there aren't actually any robots involved. Each portfolio is closely monitored and. BMO SmartFolio is a digital investment management service offered by Canada's Bank of Montreal. Broadly referred to as a robo-advisor, the service allows. BMO prefers the term �online portfolio management� over �robo-advisor� because they focus heavily on human interaction. Their portfolios are.