BMO Investments announced today that it is launching a new suite of solutions that invest in companies committed to positive ESG outcomes. The new BMO Sustainable Portfolios will combine equity and fixed income ETFs designed to represent the performance of companies that have high ESG ratings relative to their peers, as well as actively managed mutual funds that can provide risk mitigation and the potential to outperform the market.
BMO Investments Inc.’s new portfolios include:
- BMO Sustainable Income Portfolio
- BMO Sustainable Conservative Portfolio
- BMO Sustainable Balanced Portfolio
- BMO Sustainable Growth Portfolio
Mark Raes, Head of Product, BMO Global Asset Management Canada, said:
“We are excited to continue expanding our responsible investment offerings, and build off the success of our ESG ETFs and Sustainable Opportunities mutual funds. We are proud of our 35-year history in responsible investing, and are firmly committed to advancing the ESG dialogue. These funds will provide Canadians with all-in-one solutions to align their investments with their values, while also achieving their investment goals.”
BMO has been actively adding sustainability themed investment options for investors. Last month, the company announced the introduction of a new sustainability themed Canadian equity fund, and earlier this year it launched a suite of new ESG-focused ETFs for investors on the Toronto Stock Exchange (TSX).