Bank of Montreal Asset Management has unveiled 10 more ETFs. BMO’s six target maturity ETFs will allow investors to plan for future expenditures through diversified fixed income portfolios with defined maturity dates, while its four commodity sector ETFs, which track the performance of the S&P GSCI commodities index, will invest in energy, agriculture, precious metals and base metals.
The ETFs, which include the BMO 2013 Corporate Bond Target Maturity ETF, the BMO 2015 Corporate Bond Target Maturity ETF and the BMO Energy Commodities Index ETF, will be listed on the Toronto Stock Exchange. Until now, BMO has unveiled a total of 40 funds that have more than $1.5 billion in assets under management.
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