BMO expands ETF lineup

Toronto-based BMO Asset Management Inc. has launched four ETFs. BMO Canadian High Dividend Covered-Call ETF is meant to provide investors with access to high dividend-paying Canadian securities along with additional yield gained through a covered-call strategy. BMO U.S. Put Write Hedged to Canada ETF offers investors exposure to a portfolio of put options on U.S. large-capitalization equities as a means to generate income; this ETF is available in hedged, unhedged and U.S. dollar-denominated options. BMO U.S. Preferred Share Index ETF and BMO U.S. Preferred Share Hedged to CAD Index ETF are meant to invest in constituent securities of the Solactive U.S. preferred share select index. By doing so, these ETFs will provide investors with exposure to the U.S. preferred share market with a smart-beta dividend yield screen. For details, visit www.bmo.com/etfs.

(fcollie@investmentexecutive.com).