BMO Global Asset Management Launches ETFs in Hong Kong

FOR IMMEDIATE RELEASE
BMO Global Asset Management Launches ETFs in Hong Kong
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BMO Asia USD Investment Grade Bond ETF provides access to a portfolio of
high quality Asia bonds
BMO Hong Kong Banks ETF provides targeted exposure to banking stocks
listed on SEHK
BMO Asia High Dividend ETF provides exposure to more than 150 high
dividend paying companies
HONG KONG, November 6, 2014 – BMO Global Asset Management, one of the fastest
growing ETF providers globally, announced that BMO Financial Group has become the first
Canadian bank to launch Exchange Traded Funds (ETFs) in Hong Kong (introducing them
through BMO Global Asset Management).1
BMO Global Asset Management is a leading provider of ETFs, first introducing them in
Canada in 2009. Since its inception, BMO’s ETF business has grown to 62 funds. Delivering
high income levels based on sustainable underlying portfolio yields has been one of the
primary focuses of the platform.
Under the leadership of Managing Director Amit Prakash, the firm’s Honk Kong ETF team,
backed by the stability, size and global reach of BMO Financial Group, has been focused on
developing ETF strategies for Hong Kong by drawing on BMO Global Asset Management’s
existing expertise in dividend based smart beta strategies and fixed income ETF products.
“BMO Global Asset Management is a pioneer in the ETF market and has a reputation for
responding to investor needs,” said Kevin Gopaul, CIO and Global Head of ETFs, BMO
Global Asset Management. “Building on our strong track record and leveraging our
experienced team in Canada, we’re excited to be able to introduce our first three ETFs for
Hong Kong investors that are designed specifically to address key investor needs in the
region.”
BMO Global Asset Management is introducing three ETFs in Hong Kong: BMO Asia USD
Investment Grade Bond ETF (stock code: 3141), BMO Hong Kong Banks ETF (stock code:
3143) and BMO Asia High Dividend ETF (stock code: 3145). It is anticipated that these will
list on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK) on November
13, 2014.
BMO Global Asset Management Hong Kong ETF Profiles
BMO Asia USD Investment Grade Bond ETF is the first ETF in Hong Kong that offers Asia
USD bond exposure to over 450 Asian bonds across 150 issuers, giving investors an
investment vehicle that aims to provide regular income with a potential for long term capital
preservation. It invests in high credit quality sovereign and corporate investment grade
bonds denominated in US dollars that tracks the performance of the Barclays Asia USD
Investment Grade Bond Index.
BMO Hong Kong Banks ETF is the first ETF in Hong Kong to invest in Hong Kong listed
bank stocks with a potential for attractive dividend yield, to be paid out twice a year.2 It tracks
the NASDAQ Hong Kong Banks Index through a full replication strategy.3 This ETF will
provide investors access to 10 to 20 banks in one single trade, as well as exposure to a key
economic sector that is a proxy for the growth of the Greater China economies.
1
The Hong Kong ETFs are managed by BMO Global Asset Management (Asia) Ltd
There is no guarantee of regular distribution
3
The Manager may, in the appropriate circumstances, choose to use a representative sampling strategy
2
BMO Asia High Dividend ETF seeks to track the NASDAQ Asia ex Japan Dividend
Achievers Index, which consists of more than 150 stocks that offer sustainable, attractive
dividends in Asia ex Japan. It is one of the very few high dividend yield ETFs that provides a
broad equity exposure and generates regular income with potential for long-term capital
appreciation.2
“In a low interest rate environment, the demand for income and growth may not be met by
fixed income investments alone,” said Mr. Prakash. “Dividend-paying stocks offer a
competitive yield and growth potential. Investors can capitalize on the rapid development of
Asian capital markets and tap the growth story in the region. As one of the top ten largest
fixed income ETF providers in the world, we understand the need for income. Both the bond
and equity ETFs we are launching today will pay regular dividends, allowing investors to
earn income while benefiting from Asia’s continued growth.2
“We hold a positive outlook for the region’s economy and capital markets and more
specifically, the financial services sector. We have seen a shift from companies using bank
loans to financing expansion through capital market activity. Our ETFs allow investors to
participate in these underlying trends through products which offer long-term capital
preservation and appreciation potential,” continued Mr. Prakash.
BMO Hong Kong Bank ETF and BMO Asia High Dividend ETF are the first ETFs that track
NASDAQ indices in Hong Kong. BMO Asia USD Investment Grade Bond ETF is also the
first ETFs in Hong Kong that tracks the Barclays Asia USD Investment Grade Bond Index.
Commenting on the partnership with NASDAQ and Barclays, Mr. Prakash concluded, “Both
NASDAQ and Barclays have significant expertise and knowledge in the areas where our
products are focused. Barclays’ track record in fixed income is arguably unrivalled, and
NASDAQ has developed a strong reputation for custom-designed indices. This gives us the
confidence we can work well together and continue to develop innovative and responsible
ETFs to Hong Kong investors.”
About BMO Global Asset Management
BMO Global Asset Management (Asia) Ltd is part of BMO Global Asset Management.
BMO Global Asset Management is a global investment manager delivering service
excellence from 24 offices in 14 countries to clients across five continents. Including
discretionary and non-discretionary assets, BMO Global Asset Management had more than
US$280 billion in assets under management, as of July 31, 2014.
Headquartered by four multi-disciplined investment teams based in Toronto,
Chicago/Milwaukee, London and Hong Kong, the organization is complemented by a
network of world-class boutique managers strategically located across the globe. They
include LGM Investments, Monegy, Inc., Pyrford International Ltd., and Taplin, Canida &
Habacht, LLC. With operations throughout North America and Europe, and in Abu Dhabi,
Mumbai, Beijing, Shanghai, Hong Kong, Melbourne and Sydney, BMO Global Asset
Management has been recognized by Pension & Investments as one of the world’s largest
100 asset managers based on combined assets under management as of December 31,
2013 and is a signatory of the United Nations-supported Principles for Responsible
Investment initiative (UNPRI).
BMO Global Asset Management is a part of BMO Financial Group (NYSE: BMO), a fully
diversified financial services organization with C$587 billion total assets and more than
47,000 employees as of July 31, 2014.
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Media Contacts:
Nini Krishnappa, Toronto, [email protected], 416-867-3996
Yi Xie, Hong Kong, [email protected], +852 3716-0900
IMPORTANT: BMO Asia USD Investment Grade Bond ETF, BMO Hong Kong Banks ETF and BMO Asia High
Dividend ETF (collectively, “Sub-Funds”) are established under BMO ETF, an umbrella unit trust. The SubFunds may not be suitable for all investors. Investors may lose part or all of investment capital. Investors should
not invest in the Sub-Funds base on this marketing material alone. Investors should refer to the prospectus for
BMO ETF and the Sub-Funds for details, including product features and risk factors, before making any
investment decision. The prospectus of BMO ETF and the Sub-Funds is available on the website
www.bmo.hk/etfs.
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BMO Asia USD Investment Grade Bond ETF aims to provide investment results that, before fees and
expenses, closely correspond to the performance of the Barclays Asia USD Investment Grade Bond Index.
To achieve the investment objective, this Sub-Fund primarily invests in USD-denominated government and
corporate investment grade bonds in both developed and emerging Asia markets. Such investments involve
special risks including interest rate risk, issuer counterparty risk and illiquidity of bonds close to maturity risk.
BMO Hong Kong Banks ETF aims to provide investment results that, before fees and expenses, closely
correspond to the performance of the NASDAQ Hong Kong Banks Index. To achieve the investment
objective, this Sub-Fund primarily invests in securities that are listed on The Stock Exchange of Hong Kong
Limited and classified as banks by the index provider. This Sub-Fund is subject to concentration risk as a
result of tracking the performance of a single geographical region (Hong Kong) and sector (banking). It is
likely to be more volatile than a broad-based fund as it is more susceptible to fluctuations in value resulting
from adverse conditions in Hong Kong and the banking sector.
BMO Asia High Dividend ETF aims to provide investment results that, before fees and expenses, closely
correspond to the performance of the NASDAQ Asia ex Japan Dividend Achievers Index. To achieve the
investment objective, this Sub-Fund primarily invests in high dividend yield securities in Asia. High dividend
yield securities are subject to risks that the dividend could be reduced or abolished, or the risks that the
value of the securities could decline or have lower-than average potential for price appreciation.
Investing in emerging markets involves a greater risk of loss than investing in more developed markets due
to, among other factors, greater political, tax, economic, foreign exchange, liquidity and regulatory risks.
The units of the Sub-Funds may trade at a substantial premium or discount to their NAV.
The Sub-Funds are subject to tracking error risks due to factors such as fees and expenses and the
representative sampling strategy that may be adopted by the Manager.
BMO ETFs are managed and administered by BMO Global Asset Management (Asia)
Limited, an investment fund manager and portfolio manager and separate legal entity from
the Bank of Montreal.
This document is issued by BMO Global Asset Management (Asia) Limited. It has not been
reviewed by the Securities and Futures Commission of Hong Kong.
Commissions, management fees and expenses all may be associated with investments in
exchange traded funds. BMO ETF may not be suitable for all investors. Investors should not
invest based on this marketing material alone. Investors should read the prospectus before
investing for further details, including product features and risk factors. Exchange traded
funds are not guaranteed, their values change frequently and past performance information
presented is not indicative of future performance.
This communication is intended for informational purposes only and is not, and should not
be construed as, investment and/or tax advice to any individual. Particular investments
and/or trading strategies should be evaluated relative to each individual’s circumstances.
Individuals should seek the advice of professionals, as appropriate, regarding any particular
investment.
®"BMO (M-bar roundel)" is a registered trade-mark of Bank of Montreal, used under licence.

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