risk-danger

BMO Asset Management has made changes to the risk rating for certain, effective immediately.

Read: ETF markets hit record highs: report

The changes are the result of using the new investment risk classification methodology introduced in National Instrument 81-102. No material changes have been made to the investment objectives, strategies or management of the ETFs.

The rating changes are as follows:

ETF Current
rating
New
rating
BMO Global Banks Hedged to CAD Index ETF Medium to high High
BMO Global Consumer Discretionary Hedged to CAD Index ETF Medium Medium to high
BMO Global Insurance Hedged to CAD Index ETF Medium Medium to high
BMO Equal Weight U.S. Banks Index ETF Medium to high High
BMO Equal Weight Oil and Gas Index ETF Medium to high High
BMO U.S. Preferred Share Hedged to CAD Index ETF Medium Medium to high
BMO High Yield U.S. Corporate Bond Hedged to CAD Index ETF Low to medium Medium
BMO Mid-Term U.S. IG Corporate Bond Index ETF Low Low to medium
BMO Mid-Term U.S. IG Corporate Bond Index ETF Low Low to medium
BMO Mid-Term U.S. IG Corporate Bond Hedged to CAD Index ETF Low Low to medium
BMO US Put Write Hedged to CAD ETF Low to medium Medium
BMO U.S. Put Write ETF Low to medium Medium
BMO U.S. Put Write ETF Low to medium Medium
BMO NASDAQ 100 Equity Hedged to CAD Index ETF Medium Medium to high
BMO Long-Term U.S. Treasury Bond Index ETF Low to medium Medium to high
BMO Long-Term U.S. Treasury Bond Index ETF Low to medium Medium
BMO Mid-Term U.S. Treasury Bond Index ETF Low Medium
BMO Short-Term U.S. Treasury Bond Index ETF Low Low to medium
BMO Equal Weight U.S. Banks Hedged to CAD Index ETF Medium to high High
BMO U.S. Preferred Share Index ETF Medium Medium to high
BMO U.S. Preferred Share Index ETF Medium Medium to high
BMO MSCI Canada Value ETF Medium Medium to high

Also read:

Evolve Funds launching marijuana ETF

Harvest Portfolios Group launches 2 ETFs

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Originally published on Advisor.ca
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