BMO Investments Inc (BMOII) has expanded its mutual funds lineup, including the introduction of a suite of USD ETF Portfolios.“We are pleased to continue expanding our offerings, providing investors solutions that align with their investment priorities,” says Mark Raes, Head of Product, BMO Global Asset Management Canada. “These funds and portfolios reinforce both our commitment to offering investors differing currency solutions, and our leadership in ETF-based funds and responsible investing.”
BMOII has launched the following wealth management solutions for investors seeking different US investment options:
BMO USD Income ETF Portfolio
BMO USD Conservative ETF Portfolio
BMO USD Balanced ETF Portfolio
BMO USD ETF Portfolios are built with the same expertise as the seven year-old BMO ETF Portfolios, and now provide US dollar versions of the Income, Conservative and Balanced portfolios.
BMOII has also launched the following new funds:
BMO Sustainable Opportunities Canadian Equity Fund – This fund invests in an all-cap portfolio of high-growth Canadian companies that demonstrate a clear commitment to sustainability.
BMO Low Volatility US Equity ETF Fund – This fund offers investors greater choice in low-volatility solutions, and enhanced diversification with a higher weight to defensive sectors.
BMO Target Education 2040 Portfolio – This fund expands BMOII’s suite of education savings mutual funds.