BMO Global Asset Management

BMO Global Asset Management

February 10, 2016 07:30 ET

BMO Asset Management Inc. Adds Two ETFs to Its Low Volatility ETF Lineup

- New ETFs are structured to help manage market highs and lows

- Both are currency hedged, offering Canadians more choice in how they invest

- With these additions, BMO AM's low volatility lineup now stands at six listings

TORONTO, ONTARIO--(Marketwired - Feb. 10, 2016) - BMO Asset Management Inc. (BMO AM) today introduced two Exchange Traded Funds (ETFs), which complement its existing suite of low volatility ETFs.

The new ETFs seek to provide investors with currency hedged access to U.S. and international markets and aim to navigate market volatility.

"These new listings build on our successful suite of low volatility ETFs and are structured to help manage the highs and lows of the markets," said Kevin Gopaul, Chief Investment Officer and Senior Vice President, BMO Asset Management Inc. "Our unique methodology seeks to provide investors with lower risk than the broad market while still offering growth opportunities."

Mr. Gopaul added that, by hedging currency exposure, the new ETFs provide investors with more choice in how they invest, depending on their currency views.

The offering of the new ETFs has closed, and they will begin trading on the Toronto Stock Exchange today:

BMO Low Volatility International Equity Hedged to CAD ETF (Ticker: ZLD): This ETF is designed for investors looking to invest in international equities with greater downside protection than market capitalization weighted products. The currency exposures are hedged back to Canadian dollars.

BMO Low Volatility US Equity Hedged to CAD ETF (Ticker: ZLH): This ETF is designed for investors looking to invest in U.S. equities with greater downside protection than market capitalization weighted products. The U.S. dollar currency exposure is hedged back to Canadian dollars.

With the addition of these two ETFs, BMO AM now offers more than 70 listings, including six in its low volatility suite. Since launching its first ETFs in 2009, BMO AM has captured the most inflows in the Canadian ETF industry for the last five consecutive years.*

Further information about BMO ETFs can be found at

Get the latest BMO press releases via Twitter by following @BMOmedia.

*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 approximately $642 billion as of October 31, 2015, 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.

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