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BMO Asset Management Inc. Launches First ETF in Canada to Provide Exposure to Robert Shiller's CAPE Ratio
BMO Asset Management Inc. Launches First ETF in Canada to Provide Exposure to Robert Shill...
About this update from Zeus North America Mining Corp
[{"type":"text","content":"\n\n\n\nBMO Asset Management Inc. Launches First ETF in Canada to Provide Exposure to Robert Shiller's CAPE Ratio\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\n\n\nCanada NewsWire\nTORONTO, Oct. 11, 2017\n\n\n\n\nNew ETF (Ticker: ZEUS) leverages an equal-weight strategy that combines value and momentum\nBMO AM also introduces a suite of value ETFs, plus the first ETF in Canada to offer access to unhedged U.S. high yield bonds\nBMO AM's ETF business now stands at 95 ETF listings in Canada \n\n\n\nTORONTO, Oct. 11, 2017 /CNW/ - BMO Asset Management Inc. (BMO AM) today introduced five new Exchange Traded Funds (ETFs). \n\nAmong the new funds is BMO Shiller Select US Index ETF (Ticker: ZEUS), a Canadian industry-first ETF that offers exclusive access to the Cyclically Adjusted Price Earnings (CAPE) methodology – an equal-weight strategy that combines value and momentum, leveraging the research of Professor Robert Shiller. \n\n\"The Shiller Barclays CAPE US Single Stock Index tracks seasoned companies – what I call 'Old Standbys' – that also show good value by the CAPE ratio,\" said Robert Shiller, Professor of Economics and Finance at Yale University. \"It is a different approach to value investing and was designed to identify stocks that are well established and relatively forgotten, with a long history of earnings but underpriced in the market.\" \n\n\"We're thrilled to draw upon Professor Shiller's renowned scientific and academic research to offer this unique ETF,\" said Kevin Gopaul, Head of Quantitative Strategies & ETFs, BMO Global Asset Management. \"As a leading provider of ETFs, we are committed to offering solutions that go beyond traditional exposures while staying relevant in today's market.\"\n\nOther ETFs launched include:\n\nBMO MSCI Canada Value Index ETF (Ticker: ZVC): This ETF offers investors factor-based access to Canadian companies with higher value characteristics relative to their peers. \n\nBMO MSCI EAFE Value Index ETF (Ticker: ZVI): This fund provides investors factor-based access to international companies with h...