BMO Files Three New ETFs Including Canada's First Autocallable Fund

BMO ETFs has filed three new Canadian ETF launches, highlighted by the proposed BMO Strategic Autocallable Income US Large Cap ETF, which would be Canada's first autocallable ETF. The fund aims to generate regular income while providing exposure to large-cap U.S. equities with downside risk mitigation through derivatives and structured notes. BMO also filed the BMO MSCI Latin America GDP Weighted Index ETF, tracking the MSCI EM Latin America GDP Weighted Index, and the BMO Asset-Backed Securities ETF, which will invest primarily in investment-grade asset-backed securities, with at least 80% of assets allocated to investment-grade ABS.