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first_img Toronto-based BMO Asset Management Inc. is reducing the maximum annual management fee for five of its exchange-traded funds (ETFs) effective on or about June 22. Share this article and your comments with peers on social media WisdomTree introduces three equity ETFs melpomen/123RF Tessie Sanci Facebook LinkedIn Twitter BMO Aggregate Bond Index ETF and BMO Discount Bond Index ETF will have a maximum annual management fee of 0.09%, which is less than half of its current annual management fee of 0.2%. The decrease makes these two products the lowest-cost fixed-income ETFs in Canada, according to an announcement released on Wednesday. BMO Short Corporate Bond Index ETF’s maximum annual management fee will go down to 0.1% from 0.12%. Lastly, the maximum annual management fees of BMO S&P 500 Hedged to CAD Index ETF and BMO S&P 500 Index ETF will decrease to 0.08% from 0.1%. Photo copyright: melpomen/123RF Companies BMO Asset Management last_img read more

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