|
Back to Home » December 2012 News » BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF Receives Exemption |
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF Receives Exemption |
December 31, 2012
TORONTO, ONTARIO--(Marketwire - Dec. 31, 2012) - BMO today announced that the BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (the BMO ETF) intends to commence investing in reliance on exemptive relief recently granted by the Ontario Securities Commission. This will provide the BMO ETF with the flexibility to manage its portfolio in a manner that is more consistent with the make-up of the Dow Jones Industrial Average, while still pursuing its covered call option writing strategy in seeking to earn option premiums and mitigate downside risk.
Source URL: http://www.marketwire.com/mw/release.do?id=1741564&sourceType=3
|
|
|
|
