BMO Asset Management has made changes to the risk rating for certain ETFs, 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:

ETFCurrent
rating
New
rating
BMO Global Banks Hedged to CAD Index ETFMedium to highHigh
BMO Global Consumer Discretionary Hedged to CAD Index ETFMediumMedium to high
BMO Global Insurance Hedged to CAD Index ETFMediumMedium to high
BMO Equal Weight U.S. Banks Index ETFMedium to highHigh
BMO Equal Weight Oil and Gas Index ETFMedium to highHigh
BMO U.S. Preferred Share Hedged to CAD Index ETFMediumMedium to high
BMO High Yield U.S. Corporate Bond Hedged to CAD Index ETFLow to mediumMedium
BMO Mid-Term U.S. IG Corporate Bond Index ETFLowLow to medium
BMO Mid-Term U.S. IG Corporate Bond Index ETFLowLow to medium
BMO Mid-Term U.S. IG Corporate Bond Hedged to CAD Index ETFLowLow to medium
BMO US Put Write Hedged to CAD ETFLow to mediumMedium
BMO U.S. Put Write ETFLow to mediumMedium
BMO U.S. Put Write ETFLow to mediumMedium
BMO NASDAQ 100 Equity Hedged to CAD Index ETFMediumMedium to high
BMO Long-Term U.S. Treasury Bond Index ETFLow to mediumMedium to high
BMO Long-Term U.S. Treasury Bond Index ETFLow to mediumMedium
BMO Mid-Term U.S. Treasury Bond Index ETFLowMedium
BMO Short-Term U.S. Treasury Bond Index ETFLowLow to medium
BMO Equal Weight U.S. Banks Hedged to CAD Index ETFMedium to highHigh
BMO U.S. Preferred Share Index ETFMediumMedium to high
BMO U.S. Preferred Share Index ETFMediumMedium to high
BMO MSCI Canada Value ETFMediumMedium to high

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