BMO 2015 ETF Outlook Report
Opportunities and Challenges for the ETF Industry - Seite 3
"ETFs have become a mainstream investment type for all kinds of investors and have come a long way since the first ETF was launched in Canada in 1990," said Mr. Silgardo. "As more investors and advisors leverage ETFs in new and different ways, we expect that over the next five years, the Canadian ETF industry will experience a faster growth rate than the global average and will reach C$200 billion in assets under management."
To view the full report or for more information on ETFs, please visit: www.bmo.com/etfs.
About BMO ETFs
Since its inception in June 2009, BMO GAM's ETF business has grown to 62 funds; each offers numerous benefits to investors, including transparency, lower costs and tax efficiencies, while covering a number of diverse asset classes, sectors and regions.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization based in North America. The bank offers a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers. BMO Financial Group had total assets of $589 billion and more than 46,000 employees at October 31, 2014.
BMO ETFs are managed and administered by BMO Asset Management Inc., a portfolio manager and investment fund manager and separate legal entity from Bank of Montreal.
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Forward Looking Statements
Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Fund, the Manager and/or the Advisor. The forward-looking statements are not historical facts but reflect the Fund's, the Manager's, and/or the Advisor's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Fund, the Manager, and/or the Advisor believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Fund, the Manager and/or the Advisor undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
Amanda Robinson, Toronto
416-867-3996
amanda.robinson@bmo.com
Valerie Doucet, Montreal
514-877-8224
valerie.doucet@bmo.com