TORONTO, Jan. 26, 2022 /CNW/ - BMO Asset Management Inc.
today announced an estimated special reinvested distribution for
BMO MSCI USA ESG Leaders Index ETF
(Hedged Units). Reinvested distributions generally represent
realized capital gains and income within the BMO ETFs. Immediately
following the reinvested distribution, outstanding units will be
consolidated resulting in no change to the number of units held by
unitholders.
Unitholders of record at the close of business on February 1st, 2022 will receive the
reinvested distribution. The actual taxable amounts, including
the tax characteristics, will be reported in 2023.
Details of the per-unit estimated reinvested distribution amount
are as follows:
BMO
ETF
|
Ticker
|
Estimated
Reinvested
Distribution
per Unit ($)
|
BMO MSCI USA ESG
Leaders Index ETF (Hedged Units)
|
ESGY.F
|
0.75
|
The BMO ETF or securities referred to herein are not sponsored,
endorsed, sold or promoted by MSCI ESG Research and they bear no
liability with respect to any such BMO ETFs or securities or any
index on which such BMO ETFs or securities are based. The ETF's
prospectus contains a more detailed description of the limited
relationship MSCI ESG Research have with the Manager and any
related ETFs.
Commissions, management fees and expenses all may be associated
with investments in exchange traded funds. Please read the ETF
Facts or prospectus of the BMO ETFs 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 BMO ETF's
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.
BMO Global Asset Management is a brand name that comprises BMO
Asset Management Inc. and BMO Investments Inc.
®/™Registered trade-marks/trade-mark of Bank of Montreal, used under licence.
About BMO Exchange Traded Funds (ETFs)
BMO Exchange Traded Funds has been a leading ETF provider in
Canada for more than 11 years,
with over 100 strategies, over 25 per cent market share in
Canada1, and
$80.6 billion in assets under
management. BMO ETFs are designed to stay ahead of market trends
and provide compelling solutions to help advisors and investors.
This includes a comprehensive suite of ETFs developed in
Canada for Canadians, such as cost
effective core equity ETFs following market leading indexes, and a
broad range of fixed income ETFs; solution-based ETFs responding to
client demand; and innovation with smart beta ETFs, as well as
combining active and passive investing with ETF series of active
mutual funds.
1Morningstar, December
2021
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly
diversified financial services provider - the 8th largest bank, by
assets, in North America. With total assets of $988
billion as of October 31, 2021, and a team of diverse and
highly engaged employees, BMO provides a broad range of personal
and commercial banking, wealth management and investment banking
products and services to more than 12 million customers and
conducts business through three operating groups: Personal and
Commercial Banking, BMO Wealth Management and BMO Capital
Markets.
SOURCE BMO Financial Group