BMO Investments Inc. Launches New U.S. All Cap Equity ETF Series
TORONTO, June 10, 2021 /CNW/ - BMO Investments Inc. today launched BMO U.S. All Cap Equity Fund ETF Series (ZACE), which is actively managed by Brian Belski, Chief Investment Strategist, BMO Capital Markets.
This fund's objective is to provide long-term capital growth by investing primarily in equity securities of U.S. companies of any size of market capitalization.
To support this objective, it uses a model encapsulating Mr. Belski's latest U.S. strategy research regarding the S&P 1500, sectors, industries, and style preferences. The portfolio tactically incorporates various investment styles based on the market cycle and Mr. Belski's broad strategy opinions.
"We're pleased to be expanding our BMO U.S. All Cap Equity Fund to ETF investors," said Mark Raes, Head of Product, BMO Global Asset Management Canada. "By leveraging Brian's renowned market expertise, we're able to offer investors a fund that captures best idea investments across the market capitalization spectrum using his latest U.S. strategy views."
"It's an honour to have the opportunity to incorporate my team's market research into our first ETF series," said Brian Belski, Chief Investment Strategist, BMO Capital Markets. "As the second half of our 20-year secular bull market thesis for U.S. stocks begins, we believe bottom-up stock picking and active portfolio management will become an increasingly larger part of the overall equity portfolio management process and discipline."
Further information about BMO ETFs can be found at www.bmo.com/etfs.
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About BMO Exchange Traded Funds (ETFs)
1Morningstar, May 2021
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