BMO Investments launches actively-managed ETF Series
BMO Investments Inc. announced May 29 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.
Global exposure and income solutions
"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."
The offering of the new ETF Series has closed, and began trading on the Toronto Stock Exchange May 29.