23.92000 CAD
0.07
0.29%
Last update Dec 12, 10:39 AM EST
Market closed
Day range
23.92000
23.92000
Previous close
23.85000
Open
23.92000
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BMO Global Consumer Staples CAD Mutual Fund
23.92
0.07
0.29%

Overview

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Description

BMO Global Consumer Staples CAD Mutual Fund is designed to provide investors with a diversified portfolio focusing on the consumer staples sector. This mutual fund primarily invests in companies that produce essential goods such as food, beverages, household, and personal care products, which tend to have consistent demand regardless of economic conditions. The fund is Canadian Dollar-denominated, making it an attractive option for investors looking to maintain currency alignment with Canadian markets. Its concentration in the consumer staples sector helps it to offer potential stability and steady returns by minimizing exposure to more volatile market sectors. Being managed by BMO, a well-respected financial institution, this fund aims to capitalize on the enduring global demand for basic consumer needs by investing primarily in leading, high-quality companies worldwide that are expected to offer consistent performance over time. The fund is particularly significant for investors seeking to diversify their portfolios with a focus on stability and essential goods producers.

About

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