BMO Asset Management has launched a new ETF to provide Canadian investors with simple and diverse access to global commodity markets through a single investment.
BMO Asset Management has introduced the BMO Broad Commodity ETF, which gives investors exposure to major commodity sectors, including energy, metals and agriculture, without trading individual contracts. BMO Broad Commodity ETF will use commodity-linked derivatives to mirror BCOMTR's performance The ETF aims to match the Bloomberg Commodity Index Total Return (BCOMTR). This index tracks a group of 23 commodities in six sectors. It includes returns from commodity futures and the yield from US