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
BMO has added three new ETFs to its lineup and Harvest Portfolios has added U.S. dollar class units to its Healthcare Leaders Income ETF
BMO Aggregate Bond Index ETF and BMO Discount Bond Index ETF will become the lowest-cost fixed-income ETFs in Canada, according to the company’s announcement
BMO Low Volatility U.S. Equity Hedged to CAD ETF and BMO Low Volatility International Equity Hedged to CAD ETF began trading on Wednesday
BMO Equal Weight US Banks Index ETF and BMO Equal Weight US Banks Hedged to CAD Index ETF are now both rated “medium to high” instead of “high”
The new indices will seek to provide investors with the same exposure to the asset class to which the two ETFs are currently exposed