TORONTO, ONTARIO–(Marketwired – May 17, 2016) – BMO Asset Management Inc. (BMO AM) today launched an Emerging Markets low volatility Exchange Traded Fund (ETF) which complements its existing suite of smart beta ETFs.
BMO Low Volatility Emerging Markets Equity ETF (Ticker: ZLE) provides investors with exposure to Emerging Markets while navigating market volatility. This ETF is designed for investors seeking long-term growth through Emerging Market equities with greater downside protection than market-capitalization-weighted products.
“We’ve introduced this ETF to build on our successful lineup of low volatility ETFs and to provide investors with a wider range of regional options for their portfolios,” said Kevin Gopaul, Chief Investment Officer and Senior Vice President, BMO Asset Management Inc. “With this new offering, our comprehensive suite now allows investors to benefit from Emerging Market exposures – along with Canadian, U.S. and International exposures – with lower risk than the broad markets.”
With the addition of this ETF, BMO AM now offers more than 70 listings, including seven in its low volatility suite. BMO ETFs launched in 2009 and have led the industry in net new inflows for the last five consecutive years.*
Further information about BMO ETFs can be found at www.bmo.com/etfs.
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*According to Bloomberg data
BMO ETFs are managed and administered by BMO Asset Management Inc., a portfolio manager and investment fund manager and separate legal entity from Bank of Montreal.
Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated.
About BMO Exchange Traded Funds (ETFs)
Established in June 2009, BMO Financial Group’s ETF business is a leading ETF provider in Canada. BMO ETFs provide Canadian investors with broader choices and greater access to an innovative portfolio of investment products.
About BMO Financial Group
Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of $699 billion as of January 31, 2016, and close to 47,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.
Mark Beazley, Toronto
416-867-3996
mark.beazley@bmo.com
Valerie Doucet, Montreal
514-877-8224
valerie.doucet@bmo.com