The launch of the BMO MSCI Emerging Markets Income Leaders UCITS ETF will allow investors to allocate to emerging markets through its the range, as well as UK, US and European.
BMO became the first Canadian bank to offer ETFs in Europe with the launch of its European range in November 2015 and now offers ten ETFs all listed on the London Stock Exchange.
Rob Thorpe, head of UK intermediary for EMEA at BMO Global, said: “As the low yield, low interest rate environment continues, investors’ focus on yield coupled with their concerns around volatility are only intensifying.
“Our priority is to innovate and seek solutions to the challenge that investors are faced with and that is why we have created our ETF range to be fully aligned with investors’ needs.”
BMO’s director of ETFs in Europe, Marc Knowles, noted emerging market equities have historically been more volatile than those in developed markets and more sensitive to swings in the dollar, and so BMO looked to invest in companies with lower debt and a stable earnings stream.
