Four new ETFs from BMO AM have started trading on the TSX.
The ETFs seek to help investors manage risk, enhance yield and provide exposure to international markets.
BMO Low Volatility International Equity ETF (Ticker: ZLI): This fund’s meant for investors looking for potential long-term growth through international equities with greater downside protection than market-capitalization-weighted products.
BMO International Dividend Hedged to CAD ETF (Ticker: ZDH): This ETF also seeks to provide the growth opportunities of international equities and is designed for yield-oriented investors.
BMO Europe High Dividend Covered Call Hedged to CAD ETF (Ticker: ZWE): This fund is for investors looking for higher-dividend-paying European securities with the addition of yield through a covered call overlay.
BMO US Put Write ETF (Ticker: ZPW)/BMO US Put Write ETF in U.S. Dollar Units (Ticker: ZPW.U): This is the first put-write ETF in Canada. This alternative income strategy writes put options on a basket of U.S. large-cap equities to generate income with low correlation to other asset classes.