As the popularity of Exchange Traded Funds (ETFs) grow in Canada, BMO’s portfolio of ETFs continues to offer a wide range of exposure to investors while also providing them with value and low management fees.
BMO’s ETF business was launched in 2009 and, at the time, was the only bank affiliate to offer its own line-up of ETFs. Since then, BMO’s ETF product line has grown to 40 funds and its assets under management (AUM) to more than USD3 billion.
“The growth of our ETF business is a clear indicator that Canadian investors are seeking solid value from their investments,” says Kevin Gopaul (pictured), VP & CIO, BMO Asset Management Inc. “Our ongoing commitment to evolving the ETF landscape, coupled with our desire to give investors innovative products, has resulted in a number of industry firsts and wide recognition.”
