23.99000 CAD
0.12
0.50%
Last update Dec 12, 3:05 PM EST
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Day range
23.87000
23.99000
Previous close
23.87000
Open
23.91000
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BMO Global Consumer Staples Fund
23.99
0.12
0.50%

Overview

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Description

BMO Global Consumer Staples Fund is a mutual fund that focuses on investing in companies within the consumer staples sector. The primary purpose of this fund is to provide investors with exposure to businesses that produce or distribute essential products, such as food, beverages, and household items, which are typically in consistent demand regardless of economic conditions. This fund seeks to deliver a balanced blend of growth and stability to its holders by investing in established companies across the globe that have historically shown resilience and steady revenue streams. This includes sectors such as food production, personal care, and tobacco. The fund's diversified approach is geared towards minimizing risk while capitalizing on the consumer staples sector's inherent stability, which is often less volatile compared to other sectors. By leveraging insights from experienced fund managers at BMO, the Global Consumer Staples Fund plays a crucial role in investors' portfolios by offering potential for defensive growth, particularly appealing during economic downturns.

About

Address
Phone
+1 8003611392
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE
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