These changes are the result of an annual review conducted using the investment risk classification methodology set forth in National Instrument 81-102 – Investment Funds.
Effective immediately, the risk ratings for the following BMO ETFs have changed:
Ticker | ETF Name | Current Rating | New Rating |
ZEO | BMO S&P/TSX Equal Weight Oil & Gas Index ETF | Medium to High | High |
ZCH | High | Medium to High | |
ZIN | BMO Equal Weight Industrials Index ETF | Medium | Medium to High |
ZPR | BMO Laddered Preferred Share Index ETF | Low to Medium | Medium |
ZBK | BMO Equal Weight US Banks Index ETF | Medium to High | High |
STPL | BMO Global Consumer Staples Hedged to CAD Index ETF | Medium | Low to Medium |
ZDY | Low to Medium | Medium | |
ZFH | Low | Low to Medium | |
ZLD | BMO Low Volatility International Equity Hedged to CAD ETF | Low to Medium | Medium |
ZWK | BMO Covered Call US Banks ETF | Medium to High | High |
ZMID.U | BMO S&P US Mid Cap Index ETF (USD Units) | Medium | Medium to High |
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. Distributions are not guaranteed and are subject to change and/or elimination.
BMO ETFs are managed by
S&P®, and S&P/TSX Capped Composite® are registered trademarks of
BNY Mellon is a corporate brand of The Bank of New York Mellon Corporation and may be used to designate or reference the corporation as a whole or its various subsidiaries. BNY Mellon, BNY Mellon ADR Index and BNY Mellon DR Index are service marks owned by The Bank of New York Mellon Corporation and have been licensed to
Further information about BMO ETFs can be found at www.bmo.com/etfs.
About BMO Exchange Traded Funds (ETFs)
Established in
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $949 billion as of October 31, 2020, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking,
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