These risk rating changes are based on the standardized risk classification methodology mandated by the Canadian Securities Administrators and an annual review conducted by BMOAM to determine the risk level of the BMO ETFs.
Effective immediately, the risk ratings for the following BMO ETFs have changed as set out below:
BMO ETF Name | Ticker | Previous | New |
BMO Global Consumer Discretionary Hedged to CAD Index ETF | DISC | Medium | Medium to High |
BMO Japan Index ETF | ZJPN | Medium to High | Medium |
BMO Japan Index ETF (Hedged Units) | ZJPN.F | Medium to High | Medium |
BMO Laddered Preferred Share Index ETF (USD Units) | ZPR.U | Medium | Medium to High |
BMO Long-Term US Treasury Bond Index ETF | ZTL | Medium | Medium to High |
BMO Nasdaq 100 Equity Index ETF | ZNQ | Medium | Medium to High |
ZHP | Low to Medium | Medium | |
BMO US Preferred Share Index ETF | ZUP | Low to Medium | Medium |
BMO US Preferred Share Index ETF (USD Units) | ZUP.U | Low to Medium | Medium |
ZWB.U | Medium | High | |
ZWU | Low to Medium | Medium | |
BMO Monthly Income ETF (USD Units) | ZMI.U | Low to Medium | Medium |
NASDAQ®, and NASDAQ-100 Index® or NASDAQ-100 Index® Hedged to CAD, are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by BMOAM. The BMO ETFs have not been passed on by the Corporations as to their legality or suitability. The BMO ETFs are not issued, endorsed, sold, or promoted by the Corporations. The Corporations make no warranties and bear no liability with respect to the BMO ETFs.
Commissions, management fees and expenses (if any) all may be associated with investments in exchange traded funds. Please read the ETF Facts or prospectus of the BMO ETFs before investing. Exchange traded funds are not guaranteed, their values change frequently, and past performance may not be repeated.
For a summary of the risks of an investment in the BMO ETFs, please see the specific risks set out in the BMO ETF's prospectus. BMO ETFs trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss.
BMO ETFs are managed by
®/™Registered trademarks/trademark of Bank of Montreal, used under licence.
Further information about BMO ETFs can be found at www.bmo.com/etfs.
BMO Exchange Traded Funds has been an ETF provider in
1Morningstar, |
SOURCE
© Canada Newswire, source