Overview
Description
The BMO Low Volatility Canadian Equity ETF is an exchange-traded fund designed to provide investors with exposure to a diversified portfolio of Canadian stocks characterized by lower price volatility compared to the broader equity market. As an ETF, it combines the diversification benefits of mutual funds with the trading flexibility of stocks. The primary aim is to mitigate investment risks by focusing on stocks with historically stable price movements, catering to investors who prioritize capital preservation and seek smoother returns over time. This ETF invests across various sectors such as financials, utilities, consumer staples, and industrials, impacting industries that are traditionally more defensive in nature. Its market significance lies in offering a low-cost, efficient solution for gaining access to the Canadian equity market with an emphasis on stability, appealing to risk-averse investors or those looking to balance more volatile assets in their portfolio. Managed by BMO Financial Group, it aligns with strategies favoring reduced market fluctuations, meeting specific investment mandates for cautious investors.
About
Address
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Phone
+1 8003611392
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE