Index changes ahead for BMO ETFs

BMO Asset Management has announced upcoming changes to the names and underlying indices of five of its ETFs.

On or around Sept. 15, five of BMO Asset Management’s equal-weight ETFs will begin to track new indices following the table below:
 

	Current Index	New Index
ZEB	S&P/TSX Equal Weight Diversified Banks Index	Solactive Equal Weight Canada Banks Index
ZMT	S&P/TSX Equal Weight Global Base Metals CAD Hedged Index	Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged
ZGD	S&P/TSX Equal Weight Global Gold Index	Solactive Equal Weight Global Gold Index
ZIN	S&P/TSX Equal Weight Industrials Index	Solactive Equal Weight Canada Industrials Index
ZEO	S&P/TSX Equal Weight Oil & Gas Index	Solactive Equal Weight Canada Oil & Gas Index

Pursuant to the index changes, the ETFs’ names will also be changed:
 

	New Name
ZEB	BMO Equal Weight Banks Index ETF
ZMT	BMO Equal Weight Global Base Metals Hedged to CAD Index ETF
ZGD	BMO Equal Weight Global Gold Index ETF
ZIN	BMO Equal Weight Industrials Index ETF
ZEO	BMO Equal Weight Oil & Gas Index ETF

The new indices align with the ETFs’ current investment objectives and strategies. The funds’ specific asset-class exposures will remain the same, and the frequency of rebalancing within the funds will also not change.

Solactive AG will be the new index provider for the equal-weight ETFs. A recognized player in the indexing space, Solactive AG is also the provider for eight other BMO ETFs.


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