New BMO ETFs: Built for All Investors

New BMO ETFs

Mar. 1, 2022

Built for all investors, BMO ETFs are proud to have changed investing for the better. We focus on listening to our partners to develop innovative ETFs that address real investor needs.

New ETFs

Fund NameETF TickerExposureManagement FeeDistribution Frequency
BMO Canadian Bank Income Index ETFZBICanadian Bank Bonds and Alternative Debt Instruments0.25%Quarterly
BMO MSCI ACWI Paris Aligned Climate Equity Index ETFZGRNClimate-focused global equities0.25%Quarterly
BMO All Equity ETFZEQTDiversified international equities0.18%Quarterly
BMO Japan Index ETFZJPN/ZJPN.FJapanese equities0.35%Quarterly
BMO Corporate Discount Bond ETFZCDBCorporate discount bonds0.15%Quarterly
BMO Short-Term Discount Bond ETFZSDBShort-term discount bonds0.09%Quarterly
BMO Brookfield Global Renewables Infrastructure FundGRNIGlobal Renewables Infrastructure Equities0.80%Quarterly
BMO Brookfield Global Real Estate Tech FundTOWRGlobal Real Estate Tech Equities0.80%Quarterly
BMO Money Market FundZMMKMoney Market0.14%*Quarterly

*A management fee waiver of 16 bps was implemented on November 30, 2021. The estimated MER represents what the MER would be with the reduction in place for the entire year

New Series Extensions

ETF NameETF TickerExposureMgmt FeeDistribution Frequency
BMO Balanced ETF (T6 Payout Series)ZBAL.TBalanced global equities and fixed income0.18%Monthly
BMO Covered Call Canadian Banks ETF (USD Units)ZWB.UCanadian banks with covered call overlay0.65%Monthly
BMO Laddered Preferred Share Index ETF (USD Units)ZPR.UCanadian preferred shares0.45%Monthly
BMO Monthly Income ETF (USD Units)ZMI.UGlobal equities with an income focus0.18%Monthly


Innovative Fixed Income

ZBI – BMO Canadian Bank Income Index ETF

  • Invests in fixed income securities issued by Canadian banks including traditional fixed income, preferred shares, and limited recourse capital notes (LRCNs)
  • For investors looking for an anchored yield pick up from their fixed income allocations
  • Learn more

ZCDB – BMO Corporate Discount Bond ETF

  • Canadian corporate debt trading near or below par value with a remaining term to maturity between 1-10 years
  • With Discount Bonds, the Yield to Maturity and the coupon are more aligned so investors who have taxable accounts are fairly taxed
  • Learn more

ZSDB – BMO Short-Term Discount Bond ETF

  • Short-term Canadian corporate and government debt trading near or below par value with a remaining term to maturity between 1-5 years
  • With Discount Bonds, the Yield to Maturity and the coupon are more aligned so investors who have taxable accounts are fairly taxed
  • Learn more

ZMMK – BMO Money Market Fund

  • Parking place for cash while new investment opportunities are evaluated
  • For investors looking for liquidity and capital preservation


Climate/​Asset Allocation Equities/​Japan

ZGRN – BMO MSCI ACWI Paris Aligned Climate Equity Index

  • Expanding our ESG suite to include a climate or E” focused solution that seeks to lower your exposure to risks, and benefit from new opportunities associated with the climate transition
  • Diversified global equities aligned with the Paris Agreement goals and targets
  • Prioritizes investments based on a company’s commitments and actions to transition and support a net zero world
  • Learn more

ZEQT – BMO All Equity ETF

  • Expanding our suite of asset allocation ETFs to include an all equity solution
  • Asset Allocation ETFs offer the benefits of low cost broad market access with automatic rebalancing back to target index weights

ZJPN/ZJPN.F – BMO Japan Index ETF

  • Japanese equity exposure which gives you developed market access to the Asian growth story
  • Japanese corporations are leading in areas including automation, technology, and renewable energy


Alternatives

GRNI – BMO Brookfield Global Renewables Infrastructure Fund

  • Actively managed equity strategy that invests in companies that are seeking to capitalize on the multi-decade transition to renewable energy
  • Exposure to key sectors; renewable power & infrastructure, clean technology, and water sustainability
  • Concentrated portfolio 20-40 stocks
  • Learn more

TOWR – BMO Brookfield Global Real Estate Tech Fund

  • Actively managed equity strategy that invests in companies that are seeking to capitalize on the growth of demand for technology infrastructure
  • Exposure to new economy real estate sectors: industrial, communication towers, and data centres
  • Concentrated portfolio 25-35 positions
  • Learn more


New Series/​Currency Solutions

Income solutions for snowbirds or those with USD expenses

ZBAL.T – BMO Balanced ETF (6% Payout Series)

  • First of it’s kind in Canada1, bringing popular T Series solutions to the ETF space
  • Pays out 6% annual distribution via a fixed monthly distribution based off year end NAV
  • Learn more

1 Bloomberg, December 2021.

FOR FINANCIAL ADVISOR USE ONLY.

Please refer to BMO MSCI ACWI Paris Aligned Climate Equity Index ETF facts or prospectus for further details about its ESG related investment objectives.

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.

BMO ETFs are managed and administered by BMO Asset Management Inc., an investment fund manager and portfolio manager and separate legal entity from the Bank of Montreal. Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the fund facts or prospectus before investing. Exchange traded funds are not guaranteed, their values change frequently, and past performance may not be repeated. The BMO ETFs or securities referred to herein are not sponsored, endorsed or promoted by MSCI Inc. (“MSCI”), and MSCI bears no liability with respect to any such BMO ETFs or securities or any index on which such BMO ETFs or securities are based. The prospectus of the BMO ETFs contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related BMO ETFs.

For a summary of the risks of an investment in the BMO ETFs, please see the specific risks set out in the prospectus. BMO ETFs and ETF series 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 BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal.

BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp., BMO Asset Management Limited and BMO’s specialized investment management firms.

Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the ETF Facts or prospectus 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 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 BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity
from Bank of Montreal.

®/™
Registered trade-marks/trade-mark of Bank of Montreal, used under licence.