The changes include new portfolio managers, investment strategies and investment objectives
Three of the new ETFs will be offered in U.S. dollars
New funds offer investors greater diversity
Preferred share laddered and equal weight sector indices licensed to BMO Asset Management for ETFs
Management fees will be reduced for two BMO ETFs
Funds get new indices, new names
BMO Global Asset Management report finds strength in consumer staples, utility stocks
BMO China A-Share Fund will provide accredited investors full access to Chinese-listed companies that are not readily available to foreign investors
Chris McHaney, vice president and portfolio manager for BMO Asset Management Inc., explains how advisors can incorporate ETFs into their businesses and why ETFs can enhance the efficiency of client portfolios. He spoke at the Exchange Traded Forum 2012 in Toronto.
New ETFs introduced in 2012 are likely to include actively managed ones