BMO Asset Management has added four exchange-traded funds (ETFs) to its lineup, meaning that it now offers 63 ETFs. The four funds are:
- BMO Low Volatility International Equity ETF (Ticker: ZLI): This ETF is designed for investors who are seeking potential long-term growth through international equities with greater downside protection than market capitalization weighted products.
- BMO International Dividend Hedged to CAD ETF (Ticker: ZDH): This ETF seeks to provide the growth opportunities of international equities and is designed for yield-oriented investors.
- BMO Europe High Dividend Covered Call Hedged to CAD ETF (Ticker: ZWE): This ETF is designed for investors looking for higher dividend paying European securities with the addition of yield through a covered call overlay.
- BMO US Put Write ETF (Ticker: ZPW)/BMO US Put Write ETF in U.S. Dollar Units (Ticker: ZPW.U): This fund writes put options on a basket of U.S. large capitalization equities to generate income with low correlation to other asset classes. BMO says that this is the first put write ETF in Canada.
The four ETFs began trading on the Toronto Stock Exchange on Sept. 9.