BMO Asset Management is changing the investment objectives of several ETFs. The biggest change involves switching two of the ETFs to more recognized indices. In both cases, the firm is moving from Dow Jones indices to S&P benchmarks.
BMO is planning to change the BMO Dow Jones Canada Titans 60 Index EFF to the S&P/TSX Capped Composite Index ETF. The firm also plans to change the BMO U.S. Equity Hedged to CAD Index ETF, which is based on the Dow Jones U.S. Large Cap Index (CAD Hedged), to the BMO S&P 500 Hedged to CAD Index ETF.