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Product roundup: BMO unveils new CDRs investing in French companies
Investment Executiveยท2025-09-12 16:48

Group 1: BMO's New CLO ETF - BMO Asset Management Inc. has launched a new ETF focused on credit-loan obligations (CLOs), with trading starting on Cboe Canada [1] - The fund aims to provide income while preserving capital by investing primarily in a diversified portfolio of BBB-rated CLOs from issuers outside Canada [2] - The fund includes Canadian units, hedged units, and U.S.-dollar units, with the hedged units utilizing derivative instruments to mitigate currency risk [1][2] Group 2: Canada Life's New Equity Mutual Funds - Canada Life Investment Management Ltd. has introduced three new equity mutual funds targeting Canadian, U.S., and international equity markets [3] - The funds may employ an actively managed covered call strategy to enhance cash flow and provide long-term capital growth while reducing portfolio volatility [4] - Canada Life plans to launch three new segregated funds that will invest in these mutual funds, offering policyholders access to similar strategies through an insurance-based solution [5][6] Group 3: CIBC's CDR Name Change - CIBC has renamed its CDR for General Electric Co. to GE Aerospace Canadian Depositary Receipts, while maintaining the same ticker on Cboe Canada [7]