BMO’s 8 New ETFs
May 27th, 2010 Posted in ETFs
BMO Launches New ETFs
BMO, which started offering ETFs in 2009, launched 8 new ETFs, making it a total of 30 ETFs. These new ETSs started trading on TSX on May 26, Wednesday.
These new ETFs are:
- BMO Junior Oil Index ETF (ZJO)
- BMO Junior Gas Index ETF (ZJN)
- BMO Long Federal Bond Index ETF (ZFL)
- BMO Real Return Bond Index ETF (ZRR)
- BMO Equal Weight REITs Index ETF (ZRE)
- BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB)
- BMO Equal Weight US Health Care Hedged to CAD Index ETF (ZUH)
- BMO Emerging Markets Bond Hedged to CAD Index ETF (ZEF)
These ETFs include five equity ETFs which are sector-specific, three fixed income ETFs; three of the ETFs are also currency-hedges ETS. BMO new has a total of 30 ETFs. Note: iShares Canada has market share of about 80% of the Canadian ETF market.
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