OREANDA-NEWS. BMO Asset Management Inc. (BMO AM) today introduced four Exchange Traded Funds (ETFs).

The new ETFs will seek to help investors manage risk, enhance yield and provide exposure to international markets to capture growth opportunities outside of Canada.

"These new offerings enable us to build on the success of our existing suite of ETFs and provide investors more choice when structuring their portfolios," said Kevin Gopaul, Chief Investment Officer and Senior Vice President, BMO Asset Management Inc. "Investors can benefit from choosing Canadian, U.S. and International exposure across the BMO ETF strategies, as well as currency hedged and unhedged versions."

Mr. Gopaul added, "We're particularly excited about the new put write strategy; it showcases our ongoing innovation in the industry."

With this announcement, BMO AM's ETF business now has 63 ETFs and $22.9 billion in assets under management (AUM).* The business has led the Canadian ETF industry in new assets for four years in a row and now has a 26.7 per cent share of the market.**

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

BMO Low Volatility International Equity ETF (Ticker: ZLI): This ETF is designed for investors who are seeking potential long-term growth through international equities with greater downside protection than market capitalization weighted products. This listing will add to BMO AM's existing suite of low volatility ETFs.

BMO International Dividend Hedged to CAD ETF (Ticker: ZDH): This ETF also seeks to provide the growth opportunities of international equities and is designed for yield-oriented investors. This listing is a complement to BMO AM's existing lineup of dividend ETFs.

BMO Europe High Dividend Covered Call Hedged to CAD ETF (Ticker: ZWE): This ETF is designed for investors looking for higher dividend paying European securities with the addition of yield through a covered call overlay. It will complement BMO AM's existing suite of high dividend covered call ETFs.

BMO US Put Write ETF (Ticker: ZPW)/BMO US Put Write ETF in U.S. Dollar Units (Ticker: ZPW.U): This innovative strategy is the first put write ETF in Canada. This alternative income strategy writes put options on a basket of U.S. large capitalization equities to generate income with low correlation to other asset classes.

About BMO Financial Group

Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of approximately $672 billion as of July 31, 2015, and more than 47,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.