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