Popular BMO ETFs – Now Available as Mutual Funds

Advisors can now access some of our strategies as mutual funds: including the BMO Canadian Banks ETF Fund, the BMO Global Quality ETF Fund and the BMO Global Enhanced Income Fund.

Unique New Strategies Built from Our ETF Suite

Our mission is simple—we aim to provide all Advisors with access to compelling investment strategies. We want you, and your clients, to feel confident in a product shelf that’s able to offer solutions for the full market cycle.

BMO Canadian Banks ETF Fund: A Simple Way to Access Canadian Bank Stocks

The BMO Canadian Banks ETF Fund is a one-ticket solution designed to provide a pure exposure to the “big six” Canadian banks. It can invest up to 100% of its assets into the BMO Equal Weight Banks Index ETF (Ticker: ZEB), giving you access to a basket of large cap Financials that are central to the Canadian economy. Sales AidReasons to Own Canadian Bank-Focused Mutual Funds

Fund Benefits

  • Dividend Growth: All of the holdings have a long history of dividend payouts and raises.
  • Size & Stability: The Canadian banking system is renowned for its stability, earnings and resiliency during an economic crisis.
  • Equal Weight: The portfolio is allocated evenly to all six banks. Canadian Banks have generally rewarded investors over the long term with better returns than the broad Canadian equity market.1
  • Cost Efficiency: Our professional management team executes buy and sell orders in bulk, which reduces trading costs relative to what an Advisor might spend if they built the portfolio themselves.
  • Low-Cost Solution: F Series MER at 0.28% and Advisor Series MER at 1.41%. (Management Expense Ratio (MER) is estimated, as Fund is less than one year old.)

1 Source: Morningstar Direct. Based on returns from April 30, 2012 to April 30, 2022. Equal weight Canadian banks represented by BMO Equal Weight Banks Index ETF, broad Canadian equity market represented by the S&P/TSX Composite Total Return Index. Index returns do not reflect transactions costs or the deduction of other fees and expenses and it is not possible to invest directly in an Index. Past performance is not indicative of future results.

Advisor Use Only.

This communication is intended for informational purposes only and is not, and should not be construed as, investment and/or tax advice to any individual. Particular investments and/or trading strategies should be evaluated relative to each individual’s circumstances. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment.

The exchange traded funds or securities referred to herein are not sponsored, endorsed or promoted by MSCI, and MSCI bears no liability with respect to any such exchange traded funds or securities or any index on which such exchange traded funds or securities are based. The prospectus contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and related exchange traded funds.

S&P 500® is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”) and “TSX” is a trademark of TSX Inc. These trademarks have been licensed for use by S&P Dow Jones Indices LLC and sublicensed to BMO Asset Management Inc. in connection with BMO S&P 500 Index ETF. ZSP is not sponsored, endorsed, sold or promoted by S&P Dow Jones LLC, S&P, TSX, or their respective affiliates and S&P Dow Jones Indices LLC, S&P, TSX and their affiliates make no representation regarding the advisability of trading or investing in such BMO ETF(s).

Commissions, management fees and expenses (if applicable) may be associated with investments in mutual funds and exchange traded funds (ETFs). Trailing commissions may be associated with investments in mutual funds. Please read the fund facts, ETF Facts or prospectus of the relevant mutual fund or ETF before investing. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

For a summary of the risks of an investment in BMO Mutual Funds or BMO ETFs, please see the specific risks set out in the prospectus of the relevant mutual fund or ETF. 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. Distributions are not guaranteed and are subject to change and/or elimination.

BMO Mutual Funds are offered by BMO Investments Inc., a financial services firm and separate entity from Bank of Montreal. BMO ETFs are managed and administered by BMO Asset Management Inc., an investment fund manager and portfolio manager and separate legal entity from Bank of Montreal.

BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc. and BMO Investments Inc.

®/™Registered trademarks/trademark of Bank of Montreal, used under licence.