Toronto-based BMO Asset Management Inc. (BMOAM) has launched three new Canadian fixed-income ETFs. BMO Short-Term Bond Index ETF offers investors exposure to one- to five-year Canadian investment-grade bonds. BMO Corporate Bond Index ETF is designed to invest in all sectors and maturities of Canadian investment-grade corporate bonds. And BMO Government Bond Index ETF focuses on Canadian federal, provincial and municipal bonds across all sectors and maturities. As well, BMOAM has added hedged and unhedged options to two of its existing ETFs. BMO Europe High Dividend Covered Call ETF offers investors access to a portfolio of dividend-paying Europe-based companies with a covered-call overlay. BMO US High Dividend Covered Call Hedged to CAD ETF consists of a portfolio of dividend-paying, U.S.-based companies with a covered-call overlay. For full ETF details, including fees, visit bmo.com/etfs.
(fcollie@invetmentexecutive.com).