Ms. Amanda Robinson reports

BMO ASSET MANAGEMENT INC. ADDS TWO ETFS TO ITS LOW VOLATILITY ETF LINEUP

Bank of Montreal's BMO Asset Management Inc. has introduced two exchange-traded funds, which complement its existing suite of low-volatility ETFs.

The new ETFs seek to provide investors with currency hedged access to U.S. and international markets, and aim to navigate market volatility.

"These new listings build on our successful suite of low-volatility ETFs, and are structured to help manage the highs and lows of the markets," said Kevin Gopaul, chief investment officer and senior vice-president, BMO Asset Management. "Our unique methodology seeks to provide investors with lower risk than the broad market while still offering growth opportunities."

Mr. Gopaul added that, by hedging currency exposure, the new ETFs provide investors with more choice in how they invest, depending on their currency views.

The offering of the new ETFs has closed, and they will begin trading on the Toronto Stock Exchange today.

BMO Low Volatility International Equity Hedged to CAD ETF

This ETF is designed for investors looking to invest in international equities with greater downside protection than market-capitalization-weighted products. The currency exposures are hedged back to Canadian dollars.

BMO Low Volatility U.S. Equity Hedged to CAD ETF

This ETF is designed for investors looking to invest in U.S. equities with greater downside protection than market capitalization weighted products. The U.S.-dollar currency exposure is hedged back to Canadian dollars.