BMO Asset Management (BMO AM) announced today the launch of the BMO ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. High Yield US Corporate Bond Index ETF, adding a high yield corporate bond offering to its suite of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. ETFs.
The new ETF seeks to track the recently launched Bloomberg Barclays MSCI US High Yield Liquid Corporate Sustainability SRI Index. According to MSCI, the benchmark negatively screens out issuers with substantial revenue derived from sources such as adult entertainment, alcohol, gambling, tobacco, controversial military weapons, civilian firearms, nuclear power, genetically modified organisms (GMOs), thermal coal, and unconventional oil and gas, while only including issuers with at least a BBB ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. rating.
Mark Raes, Head of Product, BMO Global Asset Management Canada, said:
“At BMO Global Asset Management, we continue to advance our ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. ETF lineup to meet the demands of investors. Adding a U.S. high yield offering allows investors to further integrate ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. into their portfolios.”
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