- New BMO Funds with
ETF Series to build out portfolio growth sleeves BMO ARK Genomic Revolution Fund ,BMO ARK Innovation Fund ,BMO ARK Next Generation Internet Fund (collectively, the "BMO ARK Funds"), managed byCathie Wood's ARK Investment Management LLC use thematic fund strategies focused on disruptive innovation
BMO ARK Funds' portfolio companies are at the forefront of technology-enabled innovation across economic sectors with the potential for long-term growth. The funds offer a constant focus on secular trends and disruptive innovation that can complement traditional strategies and core portfolios.
"We are excited to be partnering with ARK to offer innovation-focused ETFs and mutual funds to help investors build better and stronger portfolios that are well positioned for growth," said
"Leveraging BMO's powerful scale and distribution network, we are proud to make our existing ETF strategies available for more investors in
Founded by
BMO ARK Genomic Revolution Fund (series A, F, I, Advisor Series andETF Series units). This Fund invests primarily in global equity securities of companies across various sectors that are focused on and are expected to substantially benefit from extending and enhancing the quality of human and other life by incorporating technological and scientific developments and advancements in genomics into their business such as CRISPR, targeted therapeutics, bioinformatics, molecular diagnostics, stem cells and agricultural biology that have the potential for changing the way the world works.BMO ARK Innovation Fund (series A, F, I, Advisor Series andETF Series units). This Fund invests primarily in global equity securities of companies across various sectors involved in the development of technologically enabled products or services associated with fintech innovation, genomic innovation, industrial innovation, and next generation internet innovation that have the potential for changing the way the world works.BMO ARK Next Generation Internet Fund (series A, F, I, Advisor Series andETF Series units). This Fund invests primarily in global equity securities of companies across various sectors focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media that have the potential for changing the way the world works.
More information is available at: BMO ARK Funds.
The offering of
Today's listing of the new BMO ARK ETF Series builds on BMO ETFs comprehensive suite of strategies across mandates, asset classes, and geographies, providing effective portfolio solutions for investors. Further information about BMO ETFs can be found at BMO Global Asset Management's ETF Centre.
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BMO Exchange Traded Funds has been a leading ETF provider in
1Morningstar,
ARK Investment Management LLC is a
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in
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