BMO Asset Management expands ETF lineup

BMO Asset Management Inc. has expanded its ETF suite, with new ETFs trading on the Toronto Stock Exchange today.

Read: BMO Investments reduces fees, introduces new series

The ETFs are listed below.

• BMO Canadian High Dividend Covered-Call ETF — provides higher dividend-paying Canadian securities with the addition of yield through a covered-call overlay.
• BMO U.S. Put Write Hedged to Canada ETF — provides exposure to put options on U.S. large capitalization equities to generate income; available in hedged.
• BMO U.S. Preferred Share Index ETF and BMO U.S. Preferred Share Hedged to CAD Index ETF — designed to invest in and hold the constituent securities of the Solactive U.S. Preferred Share Select Index, providing exposure to the U.S. preferred-share market with a smart-beta dividend yield screen; available in hedged, unhedged and USD.
• Accumulating Units — provide annual reinvested and consolidated distributions, offering a fixed-income solution in a long-term rising-rate environment. They’re available in the following ETFs: BMO Short Corporate Bond Index ETF, BMO Short Federal Bond Index ETF, BMO Short Provincial Bond Index ETF and BMO Ultra Short-Term Bond ETF.

Also read:

Vanguard launches 4 fixed-income ETFs in Canada

Manulife and Dimensional Fund Advisors to launch ETFs

Staff

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