HONG KONG, CHINA--(Marketwired - Sept. 20, 2016) - BMO Global Asset Management was recognized as the "Best ETF Provider for Hong Kong" at The Asset Triple A ETF Awards 2016 award ceremony in Hong Kong last night. This is the second year that BMO has been honoured with this industry award; in 2015, it received the "Best ETF Provider for Hong Kong - Rising Star" and the "Most Innovative ETF Product, Hong Kong" for its BMO Hong Kong Banks ETF.
"This award recognizes our continuing efforts to bring client-focused solutions to investors in the region", said Ravi Sriskandarajah, Managing Director and Head of BMO Global Asset Management (Asia Pacific), following the award ceremony.
Earlier this month, BMO Global Asset Management was also honoured by the Wealth & Finance International 2016 Fund Awards as the "Best ETF Provider 2016 Asia," and its BMO Asia USD Investment Grade Bond ETF was named the "Most Innovative Asia Focused ETF (1 Year)".
Mr. Sriskandarajah added, "We are happy to receive such recognition in the industry, and more notably, we are extremely pleased how well our ETFs have been received by investors ΓöÇ in particular our fixed income product. As the first and only ETF in Hong Kong to offer Asia USD bond exposure, it answers investors' needs for stable, high quality and long-term capital preservation."
In November 2014, BMO Global Asset Management launched its first ETFs in the region, becoming the first Canadian banking group to have ETFs listed in Hong Kong. The initial three offerings were structured to help address the demand for income, growth and access to the region's robust financial sector. That platform was expanded earlier in 2016 with four more ETFs, providing investors with exposure to key sectors and global markets.
For more information about ETFs, please visit: www.bmo.hk/etfs.
About BMO Global Asset Management
BMO Global Asset Management is a global investment manager with offices in more than 25 cities in 14 countries, delivering service excellence to clients across five continents.
Our four major investment centers in Toronto, Chicago, London and Hong Kong are complemented by a network of world-class boutique managers strategically located across the globe: BMO Real Estate Partners, LGM Investments, Monegy, Inc., Pyrford International Ltd., and Taplin, Canida & Habacht, LLC. BMO Global Asset Management is a signatory of the United Nations-supported Principles for Responsible Investment initiative (UNPRI).
BMO Global Asset Management is a part of BMO Financial Group, a highly diversified financial services provider based in North America with total assets of CDN $692 billion as of July 31, 2016, and over 45,000 employees. BMO Wealth Management has worldwide assets under management of CDN $402 billion.
IMPORTANT: BMO Asia USD Investment Grade Bond ETF and BMO Hong Kong Banks ETF (the "Sub-Funds") are established under BMO ETF, an umbrella unit trust. The Sub-Funds may not be suitable for all investors and investors should not invest based on this document alone. Investors should read the BMO ETF prospectus (available at www.bmo.hk/etfs) for further details, including product features and risk factors. ETFs are not guaranteed and past performance is not indicative of future performance. Investment involves risks. The value of investments and the income from them can go down as well as up, and investors may not get back the original amount invested.
- BMO Asia USD Investment Grade Bond ETF primarily invests in fixed rate USD-denominated government-related and corporate investment grade bonds of the Asia ex-Japan region. Such investments involve special risks including interest rate risk, over-the-counter market risk, issuer risk, sovereign debt risk and illiquidity of bonds close to maturity risk.
- BMO Hong Kong Banks ETF primarily invests in securities that are listed on The Stock Exchange of Hong Kong Limited and classified as Banks by the Industry Classification Benchmark (ICB). Stock prices of financial service companies are also more sensitive to the movement of interest rates.
- With respect to BMO Asia USD Investment Grade Bond ETF, investing in emerging markets involves a greater risk of loss.
- The Sub-Funds are subject to concentration risk and tracking error risks, and may trade at a substantial premium or discount to their NAV.
DISCLAIMER: Nothing in this document is, or is intended to be, an offer, advice, or a solicitation to buy or sell any investments, and this document is directed only at persons in those jurisdictions where access to and use of such information is lawful. It is the responsibility of each investor to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction. Investors should seek the advice of professionals, as appropriate, regarding any particular investment. SFC authorization is not a recommendation or endorsement of a scheme nor does it guarantee the commercial merits of a scheme or its performance. It does not mean the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors. This document is issued by BMO Global Asset Management (Asia) Limited, which is authorised and regulated in Hong Kong by the Securities and Futures Commission (the SFC). This document has not been reviewed by the SFC.
®" BMO (M-bar roundel)" is a registered trade-mark of Bank of Montreal, used under license.
Yi Xie, Hong Kong
Charlotte Bilney, Hong Kong