‘ BMO ’

Canadian ETF/ETP assets reach record $92bn in March

Apr 25th, 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 $92 billion at the end of Q1 2017, surpassing the prior record of $90.6bn set at the end of February 2017, according to data from London-based ETF industry consultant ETFGI.


BMO expands suite of global sector ETFs

Apr 11th, 2017 | By
Kevin Gopaul, head of BMO Global Asset Management Canada.

BMO Asset Management has added four exchange-traded funds to its suite of globally diversified sector ETFs listed on the Toronto Stock Exchange, bringing the total number of funds within the range to seven.


FTSE Russell launches CAD-hedged global sector indices

Apr 10th, 2017 | By
Ken O’Keeffe, managing director, global head of ETFs at FTSE Russell

FTSE Russell has unveiled four new global sector indices with built-in currency hedging. The Russell Developed Large Cap 100% Hedged to CAD indices are designed for Canadian market participants and capture specific global exposures related to the consumer staples, consumer discretionary, banking and insurance sectors. Ken O’Keeffe, global head of ETFs at FTSE Russell, said: “After recognizing a growing desire among Canadian market participants for global sector exposures, we are delighted to roll out this new suite of indices.”


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.