BMO AM has introduced three asset allocation ETFs and four others
16 ETFs are affected
The consolidations will occur at the close of trading Jan. 25
New fund capitalizes on technological innovation and new media trends in the communications sector
BMO jumped into ETFs before many of its competitors. Now, the bank is building on its lead
Three of the new ETFs focus on Canadian investment-grade bonds while the remaining two are hedged and unhedged versions of two existing specialty income ETFs
New ratings for more than 20 funds
Among the new funds is BMO Shiller Select US Index ETF, the first ETF in Canada to provide exposure to Robert Shiller’s CAPE Ratio
The equal-weight BMO ETFs will begin tracking Solactive indices and have new names next month
The new funds offer exposer to global insurers, banks, discretionary and consumer staples companies