BMO Launches Four ETFs

By Andrew Rickard | September 11 2015 10:49AM

BMO Asset Management has added four exchange-traded funds (ETFs) to its lineup, meaning that it now offers 63 ETFs. The four funds are:

  • BMO Low Volatility International Equity ETF (Ticker: ZLI): This ETF is designed for investors who are seeking potential long-term growth through international equities with greater downside protection than market capitalization weighted products.

  • BMO International Dividend Hedged to CAD ETF (Ticker: ZDH): This ETF seeks to provide the growth opportunities of international equities and is designed for yield-oriented investors.

  • BMO Europe High Dividend Covered Call Hedged to CAD ETF (Ticker: ZWE): This ETF is designed for investors looking for higher dividend paying European securities with the addition of yield through a covered call overlay.

  • BMO US Put Write ETF (Ticker: ZPW)/BMO US Put Write ETF in U.S. Dollar Units (Ticker: ZPW.U): This fund writes put options on a basket of U.S. large capitalization equities to generate income with low correlation to other asset classes. BMO says that this is the first put write ETF in Canada.
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    The four ETFs began trading on the Toronto Stock Exchange on Sept. 9.