BMO adds emerging markets to ETF range
BMO Asset Management has launched its MSCI Emerging Markets
Income Leaders UCITS ETF, an expansion of its Income Leaders suite of ETFs
for UK investors.
It is listed on the London Stock Exchange (LSE) with a GBP
trading currency at 0.38% per annum OCF.
Under the new ETF, investors can now allocate portfolios to
emerging markets, the UK, US and European markets through the equity ETF range,
which is aimed to target income in response to investors’ needs.
“As the low yield, low interest rate environment continues,
investors’ focus on yield coupled with their concerns around volatility are
only intensifying,” said Rob Thorpe, head of UK intermediary at BMO Global
Asset Management (EMEA).
BMO’s Income Leaders range of equity ETFs has been
developed with index provider MSCI.
BMO became the first Canadian bank to offer ETFs in Europe
with the launch of its European range in November 2015. The range now comprises
of 10 ETFs listed on the LSE, including the new Emerging Markets ETF.
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