‘ BMO ’

Canada-listed ETFs reach record high on 27th anniversary of first launch

Mar 10th, 2017 | By
Invesco Canada reduces fees in its ETF line-up

Assets invested in exchange-traded funds and exchange-traded products listed in Canada reached a new record high of US$90.6 billion at the end February 2017, making a strong statement for the 27th anniversary of the first ETF to launch on the Toronto Stock Exchange.


Solactive US preferred share indices licensed to BMO for ETF creation

Feb 13th, 2017 | By
Henning Kahre, Head of Research, Solactive AG

Solactive has launched the Solactive US Preferred Share Select Indices, tracking the performance of higher dividend paying US-listed preferred shares, with an alternative version offering currency-hedging relative to the Canadian dollar. The dividend-weighted indices have been licensed to BMO Asset Management to act as underlying references for newly-launched ETFs. Henning Kahre, Head of Research, Solactive AG, commented: “Products linked to these indices allow investors to gain diversified and cost-efficient exposure to high-rated US preferred shares with an above average distribution yield.”


BMO expands line-up with three new equity income ETFs

Feb 13th, 2017 | By
BMO expands line-up with seven new ETFs

BMO Asset Management has rolled out three ETFs on Toronto Stock Exchange, providing investors with new income solutions for defensive equity plays on the Canadian and US markets. The strategies include enacting a covered call strategy on Canadian high dividend equities, writing put options on US large cap equities, and investing in the US preferred share market.


BMO adds emerging markets ETF to ‘Income Leaders’ suite

Jan 12th, 2017 | By
Marc Knowles BMO Global ETFs

BMO Global Asset Management has expanded its ‘Income Leaders’ suite of ETFs with the launch of the BMO MSCI Emerging Markets Income Leaders UCITS ETF (LON: ZIEM), providing exposure to emerging market equities with quality characteristics and high dividend yields. By including a quality screen, the ETF seeks to reduce portfolio volatility and boost the sustainability of dividend payouts. Marc Knowles, Director of ETFs Europe, BMO Global Asset Management, commented: “Investments in quality companies with lower debt levels can help to deliver enhanced risk adjusted returns.”


Canadian ETF/ETP assets trend higher with 21st consecutive month of inflows

Aug 29th, 2016 | By
Canadian ETF/ETP assets reach record high of US$81bn in July

The Canadian exchange-traded fund industry has enjoyed another month of inflows, with ETF and ETP assets reaching a new record of US$81bn at the end of July 2016, according to industry consultants ETFGI. Year to date (July month-end) assets under management are up 25.3%, with inflows of $180m seen in July. Mirae Horizons gathered the largest net inflows over the month, with $147m, followed by Vanguard with $131m and RBC Global AM with $21m.


Market events spur growth and innovation in ETFs, finds BMO

Aug 16th, 2016 | By
BMO expands line-up with seven new ETFs

Exchange-traded funds are increasingly being used by investors to positions themselves for, and react to, major global events. It comes as the range of strategies available increases, catering to investor demand for tactical solutions. These were the latest findings in BMO Global Asset Management’s semi-annual ETF Outlook Report, which highlighted key trends in the ETF industry over the first half of this year. Mark Raes, Head of Product, BMO Global Asset Management, commented: “Investors are recognising the value of using ETFs both as long term holdings and as a trading tool to manage market uncertainty and take advantage of short term market movements.”


Smart beta to deliver dividends as declining profitability hits dividend sustainability

Jul 7th, 2016 | By
WisdomTree launches three inverse fixed income ETPs

The affordability and sustainability of dividends paid by FTSE 350 companies has dropped to its lowest level for seven years, signalling that dividend cuts could be on the horizon. In this environment, income-focused investors might be wise to look to smart beta exchange-traded funds that focus on companies with a strong capacity to maintain dividend payments.


BMO cuts fees on five equity and fixed income ETFs

Jun 21st, 2016 | By
BMO expands line-up with seven new ETFs

Canadian investment fund manager BMO Asset Management has cut its fees on five ETFs providing access to the broad Canadian fixed income market, regular and currency hedged exposures to the S&P 500, and investment in the short-term Canadian corporate bond market. The reduction in fees of two ETFs, the BMO Aggregate Bond Index ETF and BMO Discount Bond Index ETF, from 0.20% to 0.09% has earned BMO the title of the lowest-cost provider of fixed income ETFs in Canada.The lower fees will come into effect as of 22 June 2016.


Toronto Stock Exchange reaches milestone of 400 listed ETFs

May 5th, 2016 | By
Toronto Stock Exchange reach milestone of 400 listed ETFs

Toronto Stock Exchange has surpassed a significant milestone this week with more than 400 exchange traded funds now listed on its platform. The number of ETFs listed on the exchange has more than doubled since 2011, bringing the total market capitalization to approximately $106 billion as of 30 April 2016. To celebrate the achievement, ETF industry participants joined Shaun McIver, Chief Client Officer, Equity Capital Markets, TMX Group to open trading on 4 May 2016.


BMO introduces four more ETFs in Hong Kong

Feb 18th, 2016 | By
CSOP launches money market ETF in Hong Kong

BMO Global Asset Management has rolled out four new exchange-traded funds on the Hong Kong Stock Exchange (HKEx). The funds seek to broaden the scope of ETFs available to local investors, which have thus far tended to be fairly homogeneous and largely focused on China-based exposures. BMO made its ETF debut in Hong Kong in November 2014 with the introduction of three funds structured to help address the demand for income and growth and access to the region’s robust financial sector. Its latest ETFs build on this platform by providing investors with access to important international exposures, including the Nasdaq 100, Asia Pacific real estate, and Japanese and European equities. The latter two being USD hedged.