BMO adds to its ETF roster

Toronto-based BMO Asset Management Inc. has added five ETFs to its product shelf. BMO Shiller Select U.S. Index ETF is the first ETF in Canada to offer investors access to the cyclically adjusted price/earnings (CAPE) methodology designed by Robert Shiller, professor of economics at Yale University. The underlying index tracks “seasoned companies” that also show value, based on using the CAPE methodology. BMO MSCI Canada Value Index ETF, BMO MSCI EAFE Value Index ETF and BMO MSCI USA Value Index ETF take a factor-based approach to their respective underlying indices. Finally, BMO High Yield U.S. Corporate Bond Index ETF offers investors access to unhedged U.S. high yield corporate bonds. For full details on these ETFs, visit www.bmo.com/etfs.

(fcollie@investmentexecutive.com).