BMO Asset Management Inc. launches ten new ETF listings, including climate-focused global equities, discount bond solutions and an all-equity asset allocation fund

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  • Launch includes four new ETF series expanding options on existing funds

TORONTO, January 27, 2022 /CNW/ – BMO Asset Management Inc. (BMO AM) launched 10 exchange-traded fund (ETF) listings today, expanding its lineup of ESG ETFs to include a climate-focused solution, continued income innovation and an expanded suite of allocation ETFs of assets.

“With the effects of climate change more palpable than ever, we wanted to expand our ESG offerings for clients who want to invest in the transition to a greener and more sustainable future. Our new climate-focused ETF focuses on the ‘E ‘ in ESG and provides investors with a solution to closely align their investments and environmental values,” said Marc RaesProduct manager (Canada), BMO Global Asset Management.

“We continue to be leaders in innovative fixed income solutions with the launch of our new discount bond ETFs, where we have segmented the discount bond market into short-term and corporate exposures, where yield to maturity and coupon are more aligned for investors with taxable accounts,” continued Mr. Raes. “We are also excited to bring to market an all-stock asset allocation ETF – expanding our range of ETFs to provide investors with diversified market exposure with automatic rebalancing, in a single transaction and at low cost.”

New ETFs and ETF series include:

Weather

  • BMO MSCI ACWI Paris Aligned Climate Equity Index ETF (ZGRN): This ETF seeks to track the performance of the MSCI ACWI Climate Paris Aligned Equity Index, a portfolio of global climate-focused equities.

Equity

  • BMO Japan ETF (ZJPN/ZJPN.F): This ETF aims to replicate the performance of the Solactive GBS Japan Large – Mid Cap index.

Income

  • BMO Discount Corporate Bond ETF (ZCDB): This ETF invests in fixed income securities of corporations issued in Canada in Canada which trade at or below face value with an effective remaining term to maturity of between one and ten years.
  • BMO Short-Term Discount Bond ETF (ZSDB): This ETF invests in short-term fixed income securities of corporations and governments issued in Canada in Canada that trade near or below face value with a remaining term to maturity between one and five years.

Asset allocation

  • BMO All Equity ETF (ZEQT): This ETF invests in ETFs that provide exposure to a diversified portfolio of global equity securities; it is an extension of our suite of asset allocation ETFs.

Additionally, BMO AM is expanding its currency options with the USD Unit Extensions and adding a 6% payout series with the T Extension.

New Serie

  • BMO Banking Covered Call ETF US Dollar Units (ZWB.U)
  • BMO Laddered Preferred Share US Dollar Units ETF (ZPR.U)
  • BMO Monthly Income US Dollar Units ETF (ZMI.U)
  • BMO Balanced ETF T6 Payout Series (ZBAL.T)

More information about BMO ETFs can be found at www.bmo.com/etfs.

The BMO ETFs or securities referred to herein are not sponsored, endorsed or promoted by MSCI Inc. (“MSCI”), and MSCI has no responsibility or liability with respect to such BMO ETFs or securities or any index on which these ETFs or BMO securities are based. The BMO ETFs prospectus contains a more detailed description of the limited relationship that MSCI has with BMO Asset Management Inc. and any related BMO ETFs.

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds. Please read the ETF Facts or BMO ETFs prospectus before investing. Exchange traded funds are not guaranteed, their values ​​change frequently and past performance may not be repeated.

For a summary of the risks of investing in BMO ETFs, please see the specific risks set out in the BMO ETFs’ prospectus. BMO ETFs trade like stocks, their market value fluctuates and may trade at a discount to their net asset value, which may increase the risk of loss. Distributions are not guaranteed and may be changed and/or eliminated.

BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and portfolio manager, and a separate legal entity from Montreal.

BMO Global Asset Management is a brand that includes BMO Asset Management Inc. and BMO Investments Inc.

®/™Registered Trademarks/Trademarks of Bank of Montrealused under license.

About BMO Exchange Traded Funds (ETFs)
BMO Exchange Traded Funds has been a major provider of ETFs in Canada for more than 11 years, with more than 100 strategies, more than 25% market share in Canada1and $80.6 billion in assets under management. BMO ETFs are designed to stay ahead of market trends and provide compelling solutions to help advisors and investors. This includes a full suite of ETFs developed in Canada for Canadians, such as profitable core equity ETFs tracking major market indices and a wide range of fixed income ETFs; solution-based ETFs that meet customer demand; and innovation with smart beta ETFs, as well as combining active and passive investing with active mutual fund ETF series.

1morning star, December 2021

About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $988 billion as of October 31, 2021 and a diverse and highly engaged team of employees, BMO offers a wide range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and leads through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

SOURCE BMO Financial Group

For further information: Media contact: Jeff Roman, Toronto, [email protected](416) 867-3996

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