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BMO Launches Broad Commodity ETF with Diversified Exposure to Energy, Metals, and Agricultural Markets
BMO Launches Broad Commodity ETF with Diversified Exposure to Energy, Metals, and Agricultural Ma...
About this update from Bank Of Montreal
[{"type":"text","content":"BMO Launches Broad Commodity ETF with Diversified Exposure to Energy, Metals, and Agricultural Markets\n\n\nBMO Launches Broad Commodity ETF with Diversified Exposure to Energy, Metals, and Agricultural Markets\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nTORONTO, Oct. 24, 2025 /CNW/ - BMO Asset Management Inc. (\"BMOAM Inc.\"), the manager of the BMO ETFs, today announced the launch of BMO Broad Commodity ETF (the \"BMO ETF\"). This new BMO ETF provides a transparent and efficient way to diversify a portfolio without trading individual commodities.\n\"The BMO Broad Commodity ETF reduces complexity, giving investors streamlined access to global commodity markets through a single investment solution while also trading in Canadian dollars to help reduce currency risk,\" said Bipan Rai, Managing Director and Head of ETF & Alternatives Strategy, BMO Global Asset Management. \"This new BMO ETF comprises a wide range of commodity sectors - including energy, agriculture, livestock, and both industrial and precious metals - offering investors seeking portfolio diversification another option to consider when making investment decisions.\"\nThe BMO ETF has closed its initial offering of CAD Units (Cboe CA: ZCOM) and is listed and trading on Cboe Canada Inc.\nThe BMO ETF's objective is to seek to replicate, to the extent possible, the total return performance of a broad based commodity index (the \"Index\") or a successor index thereto, net of fees and expenses. The investment strategy of the BMO ETF is generally to invest in derivative instruments (such as commodity-linked derivative instruments) to seek to replicate the total return performance of the Index. Currently, the BMO ETF seeks to replicate, to the extent possible, the performance of the Bloomberg Commodity Index Total Return, net of fees or expenses, primarily through the use of commodity-linked derivative instruments that provide exposure to the constituents of the Bloomberg Commodity Index, and the reinvestment of any excess cash in money market instruments, fixed income securities,...