ZWG BMO Global High Dividend Covered Call ETF

TORONTO, Jan. 22, 2025 /CNW/ - BMO Asset Management Inc. (BMOAM), the manager of the BMOAM Funds, today announced changes to the risk ratings for certain BMOAM Funds. These changes will be reflected in the applicable ETF Facts as part of the renewal of the simplified prospectus for the BMOAM Funds, which is expected to be filed on or about January 23, 2025.

These risk rating changes are based on the standardized risk classification methodology mandated by the Canadian Securities Administrators and an annual review conducted by BMOAM to determine the risk level of the BMOAM Funds.

Effective immediately, the risk ratings for the following BMOAM Funds have changed as set out below:

Commissions, management fees and expenses may be associated with investments in funds. Please read the ETF Facts or simplified prospectus of the BMOAM Funds before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

For a summary of the risks of an investment in the BMOAM Funds, please see the specific risks set out in the simplified prospectus. All investments involve risk. The value of a mutual fund can go down as well as up and you could lose money. The risk of a mutual fund is rated based on the volatility of the mutual fund's returns using the standardized risk classification methodology mandated by the Canadian Securities Administrators. Historical volatility doesn't tell you how volatile a mutual fund will be in the future. A mutual fund with a risk rating of "low" can still lose money.

BMOAM Funds are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal.

"BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.

Further information about BMOAM Funds can be found at www.bmogam.com.

About S&P MidCap400 ® Index
The Index is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by the Manager. S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates ("S&P") and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"), and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by the Manager. The BMO S&P US Mid Cap Index ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Index.

About BMO Financial Group 
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.41 trillion as of October 31, 2024. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.  

SOURCE BMO Financial Group