The actively managed fund targets long-term capital growth through a model-driven selection of international equities, excluding Canada and the US.
BMO Asset Management (BMO), a Toronto-based provider of exchange-traded funds (ETFs), has added another fund to its growing suite with the launch of the BMO Market+ International Equity Fund (ZMPI). ZMPI offers broad global equity exposure through a rules-based approach The fund provides long-term capital growth by investing primarily in equity securities of companies located outside Canada and the US, as well as firms that benefit from international exposure. The ETF selects securiti