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BMO Global Asset Management Opens NEO

BMO Global Asset Management, including Mark Raes, Head of Product of BMO GAM, joined NEO’s Erik Sloane, Chief Revenue Officer, to open the market to celebrate the launch of U.S. currency-hedged units of the BMO Long-Term US Treasury Bond Index ETF (NEO:ZTL.F), which began trading today.

ZTL.F seeks to replicate, to the extent possible, the performance of a long-term U.S. treasury bond index, net of expenses. The Hedged Units of the Fund will also invest in or use derivative instruments to seek to hedge U.S. currency exposure.