‘ BMO ’

Goldman Sachs, Visa and Nike to join Dow Jones Industrial Average

Sep 10th, 2013 | By
Alternative Access set to launch first-lien CLO bond ETF on Cboe BZX

Goldman Sachs, Visa and Nike are to join the Dow Jones Industrial Average, arguably the world’s most famous stock market gauge. They will replace Bank of America, Hewlett-Packard and Alcoa after the close of trading on Friday, 20th September. A number of exchange-traded funds listed around the world will be affected by the change, the largest being the NYSE Arca-listed SPDR Dow Jones Industrial Average ETF (DIA), which has more than $11 billion in assets under management.

Vanguard Canada lists five new equity ETFs; cuts fees

Aug 13th, 2013 | By
Invesco Canada reduces fees in its ETF line-up

Vanguard has listed five new locally domiciled exchange-traded funds (ETFs) on the Toronto Stock Exchange (TSX). The new funds, which are based on equity indices, bring the total number of Vanguard ETFs on the TSX to 16. Earlier this year, the firm saw its TSX-listed ETF range surpass $1 billion in assets under management.

Canada’s First Asset enjoys strong ETF inflows through June and July

Aug 9th, 2013 | By
Canada’s First Asset enjoys strong ETF inflows through June and July

First Asset, an independent Canadian investment management company, has seen the highest percentage asset growth among Canadian exchange-traded fund (ETF) providers during the months of June and July, with C$47.5 million in ETF asset inflows. The firm has found success in both the fixed income and equity ETF categories through collaboration with DEX Universe Bond Indices and Morningstar Indices.

Guggenheim rolls out new BulletShares corporate bond ETFs

Jul 19th, 2013 | By
Guggenheim changes name of actively managed $1bn enhanced short duration ETF

Guggenheim Investments, a US-based provider of exchange-traded funds (ETFs), has expanded its suite of defined-maturity corporate bond ETFs with the launch of two new BulletShares funds on the NYSE Arca. The new funds, which are linked to indices developed by Accretive Asset Management, provide access to a diversified portfolio of corporate bonds with effective maturities in 2021 and 2022 respectively – the years in which the funds themselves mature.

BMO ETFs marks fourth anniversary by surpassing C$11 billion AUM

Jul 1st, 2013 | By
BMO expands line-up with seven new ETFs

BMO Financial Group’s exchange-traded funds (ETFs) business has enjoyed blistering growth in the four years since it was formed. Following its debut in June 2009, the Toronto-based business has grown to C$11 billion in assets under management (AUM) and 55 ETFs, offering exposure to equities, bonds and commodities.

Nasdaq OMX and Accretive partner to develop BulletShares index range

Jun 18th, 2013 | By
iShares expands suite of target-maturity municipal bond ETFs

Nasdaq OMX Global Indexes and Accretive Asset Management have formed a new partnership to promote and develop the BulletShares range of target-maturity corporate bond indices. The indices, which have been co-branded Nasdaq BulletShares Indexes, currently have more than $2.5 billion in exchange-traded fund (ETF) assets linked to them.

Stoxx expands Euro Stoxx 50 covered-call index series

May 13th, 2013 | By
Stoxx launches emerging markets exposure index for Europe

Stoxx, a leading index provider, has introduced the Euro Stoxx 50 BuyWrite 100% Index. The index measures the performance of a buy-write or covered-call strategy based on the Euro Stoxx 50 Index, the eurozone’s leading blue-chip equity index. The new index, which has been designed to underlie index-linked financial products such as exchange-traded funds (ETFs), represents a hypothetical portfolio of a long position in the Euro Stoxx 50 and a sold – or written – call option based on the same index.

iShares introduces defined maturity corporate bond ETFs

Apr 19th, 2013 | By
iShares launches yield-optimized diversified US bond ETF

iShares, the exchange-traded funds (ETFs) business of BlackRock, has launched four iSharesBonds Corporate ex-Financials Term ETFs. The new products, which have a range of defined maturity dates, are designed to offer investors bond-like features with the additional benefits of ETF liquidity, transparency and diversification. While relevant to all investors, the products are expected to appeal to institutional clients, such as bank treasurers, as well as private investors structuring a portfolio in anticipation of a planned retirement date.

BMO takes lion’s share of Canadian ETF inflows

Jan 28th, 2013 | By
BMO introduces seven new ETFs on Toronto Stock Exchange

BMO Asset Management led the Canadian ETF industry in new assets for the second consecutive year in 2012, attracting $5 billion in net new assets, up 130 per cent from the previous year. Overall, BMO accounted for 40 per cent of all Canadian ETF new asset inflows for the year.

S&P Dow Jones unveils equal weight and core US REIT indices

Jan 20th, 2013 | By
Harvest Portfolios lists global REIT income leaders ETF

S&P Dow Jones Indices, a leading provider of financial market indices, has launched two new indices over the past month tracking the performance of US real estate investment trusts (REITs). The indices, which have been rolled out under the group’s Dow Jones brand, are the Dow Jones US Select Equal Weight REIT Index and the Dow Jones Townsend Core US REIT Index.