Four new ETFs from BMO
The bank has expanded both its ESG and currency lineups
- By: IE Staff
- February 18, 2021 February 18, 2021
- 13:57
The bank has expanded both its ESG and currency lineups
The changes included added strategies, lowered fees
The fund invests in high-quality companies outside of Canada and the U.S.
The fund is the world’s first to invest directly in physically settled Bitcoin
The new funds have management fees of 0.55% and 0.6%
The funds' change in listing venue will occur in March
The new funds are now trading on NEO Exchange
Total returns for the category lagged last year, but many funds offer healthy payouts
The funds focus on companies that leverage new technologies and changes within their industries
Horizons and Evolve have also filed preliminary prospectuses for Bitcoin ETFs
It's the first time that passive, index-tracking mutual funds are available as PTFs, a release said
The fund aims to provide returns with lower correlations to major equity and bond indexes
Four new funds focus on ESG and innovation
New tool aims to facilitate carbon emissions risk management
The firm has launched an innovation fund and two single-ticket ETFs
The company has also launched a clean energy ETF, as well as other new products
New offerings include U.S.-dollar versions of fixed income pools and bond funds with “expanded sources of alpha”
Clinical research has opened the door to opportunity, the fund company says
The company also announced plans to terminate a private equity fund
New offerings include two multi-strategy GIFs and an ESG fund
New strategy aims to create a diversified portfolio of private debt investments “below the target size” of large infrastructure debt lenders
The bank has partnered with Coast Capital
New funds focus on travel and clean energy sectors
Dexter John will serve a three-year term
Investors must decide whether to favour growth equities trading at lofty earnings multiples or more modestly valued segments that should benefit from an economic revival