BMONew Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
BMO Investments has expanded its mutual fund lineup with 12 new funds that provide access to existing ETF-based strategies. The launches span asset allocation portfolios, Canadian and U.S. equities, investment-grade bonds, commodities, Canadian bank income and AAA-rated CLOs, offering investors mutual fund versions of a broad range of BMO ETF exposures. The new funds are available across multiple series, giving advisors and investors additional ways to access BMO's ETF investment strategies through traditional mutual fund structures.
At a glance
- Beat
- Fund Updates
- Issuer
- BMO
- Region
- Canada
- Filed
- 27 July 2026
Source: Press Release
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