BMO AM introduces suite of Indexed ESG ETFsBy The IJ Staff | January 21 2020 02:30PM
BMO Asset Management announced Jan. 21 the launch of seven ESG (environment, social and governance) exchange traded funds.
"A recent BMO survey shows investors recognize the financial benefit of investing with an ESG lens and are increasingly looking for solutions that align with both their financial and social values." said Kevin Gopaul, Global Head of ETFs, BMO Global Asset Management. "As an asset manager we have a responsibility to drive and encourage positive change, from active ownership and ESG integration across investments, to product development. This launch of ESG ETFs delivers the full range of solutions and an all-in-one-basket across broad markets that aligns with BMO's responsible investing strategy."
BMO Asset Management's new ETFs are: the BMO Balanced ESG ETF (ZESG); BMO MSCI Global ESG Leaders Index ETF (ESGG); BMO MSCI Canada ESG Leaders Index ETF (ESGA); BMO MSCI EAFE ESG Leaders Index ETF (ESGE); BMO MSCI USA ESG Leaders Index ETF (ESGY); BMO ESG Corporate Bond Index ETF (ESGB) and the BMO ESG US Corporate Bond Hedged to CAD Index ETF (ESGF).