Published by Gbaf News
Posted on May 30, 2018
BMO Investments Inc. today announced the launch of its initial actively-managed ETF Series units for BMO Global Strategic Bond Fund, BMO Global Multi-Sector Bond Fund, BMO Core Plus Bond Fund and BMO Women in Leadership Fund.
“Building on the success of BMO’s lineup of passive ETFs, we’re launching the active ETF Series to give investors more options in terms of global exposure and income solutions,” said Kevin Gopaul, Head of BMO Global Asset Management Canada. “With these ETF Series, we’re confident that we’re staying true to the values of the traditional ETF: good liquidity, the right amount of transparency and the right pricing.”
Mr. Gopaul added that in today’s environment of rising interest rates and volatile yields, investors need to look beyond their borders and take advantage of global opportunities. With a true active manager, they are able to tap into hard-to-access asset classes and provide the returns that investors are seeking.
The offering of the new ETF Series has closed, and they will begin trading on the Toronto Stock Exchange today:
BMO Global Strategic Bond Fund – ETF Series (Ticker: ZGSB): This fund provides a multi-sector approach to global credit investing, including U.S. investment grade and global high yield bonds and debentures, and emerging market debt, designed to achieve better long-term risk-adjusted returns for investors.
BMO Global Multi-Sector Bond Fund – ETF Series (Ticker: ZMSB): This fund is designed to invest around the world in fixed income securities, including government bonds, securitized debt, investment grade bonds, high yield bonds, and emerging market debt and will rotate between these sectors when the assessment of value changes.
BMO Core Plus Bond Fund – ETF Series (Ticker: ZCPB): This fund has a core Canadian bond strategy with the ability to invest in foreign bonds, emerging market debt and high yield bonds to enhance yield and provide diversification benefits.
BMO Women in Leadership Fund – ETF Series (Ticker: WOMN): This equity fund consists of a portfolio of companies with both gender-diverse leadership and a commitment to gender diversity.
BMO Financial Group is one of the top 10 fixed income ETF providers globally*. Its ETF business now has 78 ETF strategies in Canada and nearly 32 per cent share of the Canadian ETF market, according to Bloomberg data.
*According to Morningstar data
®/™Registered trade-marks/trade-mark of Bank of Montreal, used under licence.
BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp. and BMO’s specialized investment management firms.
BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal. ETF Series of the BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal.
Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds. Please read the ETF facts or prospectus of the relevant BMO ETF or ETF Series before investing. BMO ETFs and ETF Series are not guaranteed, their values change frequently and past performance may not be repeated.
For a summary of the risks of an investment in the BMO ETFs or ETF Series of the BMO Mutual Funds, please see the specific risks set out in the prospectus. BMO ETFs and ETF Series trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss. Distributions are not guaranteed and are subject to change and/or elimination.
Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at www.bmo.com/etfs.
About BMO Exchange Traded Funds (ETFs)
Established in May 2009, BMO Financial Group’s ETF business is a leading ETF provider in Canada. BMO ETFs and ETF Series of the BMO Mutual Funds provide Canadian investors with broader choices and greater access to an innovative portfolio of investment products.
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of January 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.
BMO Investments Inc. today announced the launch of its initial actively-managed ETF Series units for BMO Global Strategic Bond Fund, BMO Global Multi-Sector Bond Fund, BMO Core Plus Bond Fund and BMO Women in Leadership Fund.
“Building on the success of BMO’s lineup of passive ETFs, we’re launching the active ETF Series to give investors more options in terms of global exposure and income solutions,” said Kevin Gopaul, Head of BMO Global Asset Management Canada. “With these ETF Series, we’re confident that we’re staying true to the values of the traditional ETF: good liquidity, the right amount of transparency and the right pricing.”
Mr. Gopaul added that in today’s environment of rising interest rates and volatile yields, investors need to look beyond their borders and take advantage of global opportunities. With a true active manager, they are able to tap into hard-to-access asset classes and provide the returns that investors are seeking.
The offering of the new ETF Series has closed, and they will begin trading on the Toronto Stock Exchange today:
BMO Global Strategic Bond Fund – ETF Series (Ticker: ZGSB): This fund provides a multi-sector approach to global credit investing, including U.S. investment grade and global high yield bonds and debentures, and emerging market debt, designed to achieve better long-term risk-adjusted returns for investors.
BMO Global Multi-Sector Bond Fund – ETF Series (Ticker: ZMSB): This fund is designed to invest around the world in fixed income securities, including government bonds, securitized debt, investment grade bonds, high yield bonds, and emerging market debt and will rotate between these sectors when the assessment of value changes.
BMO Core Plus Bond Fund – ETF Series (Ticker: ZCPB): This fund has a core Canadian bond strategy with the ability to invest in foreign bonds, emerging market debt and high yield bonds to enhance yield and provide diversification benefits.
BMO Women in Leadership Fund – ETF Series (Ticker: WOMN): This equity fund consists of a portfolio of companies with both gender-diverse leadership and a commitment to gender diversity.
BMO Financial Group is one of the top 10 fixed income ETF providers globally*. Its ETF business now has 78 ETF strategies in Canada and nearly 32 per cent share of the Canadian ETF market, according to Bloomberg data.
*According to Morningstar data
®/™Registered trade-marks/trade-mark of Bank of Montreal, used under licence.
BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp. and BMO’s specialized investment management firms.
BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal. ETF Series of the BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal.
Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds. Please read the ETF facts or prospectus of the relevant BMO ETF or ETF Series before investing. BMO ETFs and ETF Series are not guaranteed, their values change frequently and past performance may not be repeated.
For a summary of the risks of an investment in the BMO ETFs or ETF Series of the BMO Mutual Funds, please see the specific risks set out in the prospectus. BMO ETFs and ETF Series trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss. Distributions are not guaranteed and are subject to change and/or elimination.
Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at www.bmo.com/etfs.
About BMO Exchange Traded Funds (ETFs)
Established in May 2009, BMO Financial Group’s ETF business is a leading ETF provider in Canada. BMO ETFs and ETF Series of the BMO Mutual Funds provide Canadian investors with broader choices and greater access to an innovative portfolio of investment products.
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of January 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.
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