TORONTO, April 30, 2026 /CNW/ - BMO Asset Management Inc. (&#34;BMOAM Inc.&#34;), the manager of the BMO ETFs, today announced the launch of the Hedged Units of BMO Broad Commodity ETF (the &#34;BMO ETF&#34;). The Hedged

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">TORONTO</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">April 30, 2026</span> /CNW/ - BMO Asset Management Inc. (&#34;<b xmlns="http://www.w3.org/1999/xhtml">BMOAM Inc</b>.&#34;), the manager of the BMO ETFs, today announced the launch of the Hedged Units of BMO Broad Commodity ETF (the &#34;<b xmlns="http://www.w3.org/1999/xhtml">BMO ETF</b>&#34;). The Hedged Units are a series of units supplemental to the existing CAD Units of the BMO ETF, which were listed on Cboe Canada Inc. in October 2025. The BMO ETF provides a transparent and efficient way to diversify a portfolio without trading individual commodities.</p>
<p xmlns="http://www.w3.org/1999/xhtml">The BMO ETF has closed its initial offering of Hedged Units (Cboe CA: ZCOM.F) and is listed and trading on Cboe Canada Inc.</p><p xmlns="http://www.w3.org/1999/xhtml">The BMO ETF&#39;s objective is to seek to replicate, to the extent possible, the total return performance of a broad-based commodity index (the &#34;<b xmlns="http://www.w3.org/1999/xhtml">Index</b>&#34;) or a successor index thereto, net of fees and expenses. The investment strategy of the BMO ETF is generally to invest in derivative instruments (such as commodity-linked derivative instruments) to seek to replicate the total return performance of the Index. Currently, the BMO ETF seeks to replicate, to the extent possible, the performance of the Bloomberg Commodity Index Total Return, net of fees or expenses, primarily through the use of commodity-linked derivative instruments that provide exposure to the constituents of the Bloomberg Commodity Index, and the reinvestment of any excess cash in money market instruments, fixed income securities, underlying funds or similar financial instruments in order to replicate the performance of the Bloomberg Commodity Index Total Return. In respect of the Hedged Units, the BMO ETF will also invest in or use derivative instruments to seek to hedge foreign currency exposure back to the Canadian dollar.</p><p xmlns="http://www.w3.org/1999/xhtml">Further information can be found at <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676536-1&amp;h=193515580&amp;u=http%3A%2F%2Fwww.bmoetfs.com%2F&amp;a=www.bmoetfs.com" target="_blank" rel="nofollow">www.bmoetfs.com</a>. </p><p xmlns="http://www.w3.org/1999/xhtml">&#34;BLOOMBERG&#xAE;&#34; and the Bloomberg Commodity Index (the &#34;Bloomberg Index&#34;) are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (&#34;BISL&#34;), the administrator of the Index (collectively, &#34;Bloomberg&#34;) and have been licensed for use for certain purposes by BMO Asset Management Inc. (the &#34;Licensee&#34;). Bloomberg is not affiliated with the Licensee, and Bloomberg does not approve, endorse, review, or recommend the BMO ETF. Bloomberg does not guarantee the timeliness, accuracy, or completeness of any data or information relating to the BMO ETF.</p><p xmlns="http://www.w3.org/1999/xhtml">The BMO ETF is an exchange-traded alternative mutual fund within the meaning of NI 81-102. As an alternative mutual fund, the BMO ETF has the ability to invest in asset classes and use investment strategies that are not permitted for conventional mutual funds, including the ability to invest in other alternative mutual funds, employ leverage and borrow cash to use for investment purposes and increased ability to invest in commodities. While these strategies will be used in accordance with the BMO ETF&#39;s investment objective and strategies, during certain market conditions, they may accelerate the pace at which an investor&#39;s investment decreases in value.</p><p xmlns="http://www.w3.org/1999/xhtml">Commissions, management fees and expenses all may be associated with investments in exchange-traded funds. Please read the ETF Facts or prospectus of the BMO ETF before investing. Exchange-traded funds are not guaranteed, their values change frequently, and past performance may not be repeated.</p><p xmlns="http://www.w3.org/1999/xhtml">For a summary of the risks of an investment in the BMO ETF, please see the specific risks set out in the prospectus. Exchange-traded funds trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss. Distributions are not guaranteed and are subject to change and/or elimination.</p><p xmlns="http://www.w3.org/1999/xhtml">BMO ETFs are managed by BMO Asset Management Inc., an investment fund manager, a portfolio manager, and a separate legal entity from Bank of Montreal.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;BMO (M-bar roundel symbol)&#34; is a registered trademark of Bank of Montreal, used under licence.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About BMO Financial Group</b>  <br xmlns="http://www.w3.org/1999/xhtml"></br>BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2026. Serving clients for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to approximately 13 million clients across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the <i xmlns="http://www.w3.org/1999/xhtml">Good in business and life</i>, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities. </p>



<p xmlns="http://www.w3.org/1999/xhtml">SOURCE BMO Financial Group</p><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://rt.newswire.ca/rt.gif?NewsItemId=C6516&amp;Transmission_Id=202604300730CANADANWCANADAPR_C6516&amp;DateId=20260430" style="border:0px; width:1px; height:1px;"></img><p xmlns="http://www.w3.org/1999/xhtml"></p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=C6516&amp;sd=2026-04-30"></img> View original content: <a xmlns="http://www.w3.org/1999/xhtml" id="CNWURL" rel="nofollow" href="http://www.newswire.ca/en/releases/archive/April2026/30/c6516.html" target="_blank">http://www.newswire.ca/en/releases/archive/April2026/30/c6516.html</a></p>

BMO Launches Hedged Units of BMO Broad Commodity ETF

BMO ETFs Launch Hedged Units to Enhance Investment Options

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>TORONTO, April 30, 2026 /CNW/ - BMO Asset Management Inc. (&amp;#34;BMOAM Inc.&amp;#34;), the manager of the BMO ETFs, today announced the launch of the Hedged Units of BMO Broad Commodity ETF (the &amp;#34;BMO ETF&amp;#34;). The Hedged</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>BMO Asset Management Inc. has announced the launch of Hedged Units of its Broad Commodity ETF, enabling more investment options while hedging currency risks. This strategic move aims to maintain ETF performance in alignment with the Bloomberg Commodity Index, appealing to investors looking to diversify portfolios efficiently.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>BMO launched Hedged Units of the Broad Commodity ETF.</li><li>This provides additional investment options for Canadian investors.</li><li>The ETF seeks to replicate Bloomberg Commodity Index performance.</li><li>These units are designed to hedge currency risks to Canadian dollars.</li><li>BMO currently manages approximately $1.5 trillion in assets.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Bloomberg Finance L.P. (N/A)</strong>: BMO ETF&#039;s performance linked to Bloomberg Commodity Index.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This development falls under &#039;Corporate Developments&#039; as it reflects BMO&#039;s strategy to enhance its product offerings in the ETF domain and meet evolving investor needs, potentially improving market competitiveness.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Launch of Hedged Units could attract more investments into BMO ETFs.</li><li>Positive market reception could enhance BMO&#039;s ETF AUM significantly.</li><li>Currency hedging feature may draw interest during volatile FX markets.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>BMO ETF&#039;s initial offering of Hedged Units closed April 30, 2026.</li><li>Hedged Units listed on Cboe Canada Inc. as ZCOM.F.</li><li>BMO ETFs have a strategy of using derivative instruments for performance replication.</li><li>BMO Financial Group has total assets of $1.5 trillion as of January 31, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider buying BMO shares for medium-term gains from diversified ETF offerings.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">TORONTO</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">April 30, 2026</span> /CNW/ - BMO Asset Management Inc. (&#34;<b xmlns="http://www.w3.org/1999/xhtml">BMOAM Inc</b>.&#34;), the manager of the BMO ETFs, today announced the launch of the Hedged Units of BMO Broad Commodity ETF (the &#34;<b xmlns="http://www.w3.org/1999/xhtml">BMO ETF</b>&#34;). The Hedged Units are a series of units supplemental to the existing CAD Units of the BMO ETF, which were listed on Cboe Canada Inc. in October 2025. The BMO ETF provides a transparent and efficient way to diversify a portfolio without trading individual commodities.</p>
<p xmlns="http://www.w3.org/1999/xhtml">The BMO ETF has closed its initial offering of Hedged Units (Cboe CA: ZCOM.F) and is listed and trading on Cboe Canada Inc.</p><p xmlns="http://www.w3.org/1999/xhtml">The BMO ETF&#39;s objective is to seek to replicate, to the extent possible, the total return performance of a broad-based commodity index (the &#34;<b xmlns="http://www.w3.org/1999/xhtml">Index</b>&#34;) or a successor index thereto, net of fees and expenses. The investment strategy of the BMO ETF is generally to invest in derivative instruments (such as commodity-linked derivative instruments) to seek to replicate the total return performance of the Index. Currently, the BMO ETF seeks to replicate, to the extent possible, the performance of the Bloomberg Commodity Index Total Return, net of fees or expenses, primarily through the use of commodity-linked derivative instruments that provide exposure to the constituents of the Bloomberg Commodity Index, and the reinvestment of any excess cash in money market instruments, fixed income securities, underlying funds or similar financial instruments in order to replicate the performance of the Bloomberg Commodity Index Total Return. In respect of the Hedged Units, the BMO ETF will also invest in or use derivative instruments to seek to hedge foreign currency exposure back to the Canadian dollar.</p><p xmlns="http://www.w3.org/1999/xhtml">Further information can be found at <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4676536-1&amp;h=193515580&amp;u=http%3A%2F%2Fwww.bmoetfs.com%2F&amp;a=www.bmoetfs.com" target="_blank" rel="nofollow">www.bmoetfs.com</a>. </p><p xmlns="http://www.w3.org/1999/xhtml">&#34;BLOOMBERG&#xAE;&#34; and the Bloomberg Commodity Index (the &#34;Bloomberg Index&#34;) are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (&#34;BISL&#34;), the administrator of the Index (collectively, &#34;Bloomberg&#34;) and have been licensed for use for certain purposes by BMO Asset Management Inc. (the &#34;Licensee&#34;). Bloomberg is not affiliated with the Licensee, and Bloomberg does not approve, endorse, review, or recommend the BMO ETF. Bloomberg does not guarantee the timeliness, accuracy, or completeness of any data or information relating to the BMO ETF.</p><p xmlns="http://www.w3.org/1999/xhtml">The BMO ETF is an exchange-traded alternative mutual fund within the meaning of NI 81-102. As an alternative mutual fund, the BMO ETF has the ability to invest in asset classes and use investment strategies that are not permitted for conventional mutual funds, including the ability to invest in other alternative mutual funds, employ leverage and borrow cash to use for investment purposes and increased ability to invest in commodities. While these strategies will be used in accordance with the BMO ETF&#39;s investment objective and strategies, during certain market conditions, they may accelerate the pace at which an investor&#39;s investment decreases in value.</p><p xmlns="http://www.w3.org/1999/xhtml">Commissions, management fees and expenses all may be associated with investments in exchange-traded funds. Please read the ETF Facts or prospectus of the BMO ETF before investing. Exchange-traded funds are not guaranteed, their values change frequently, and past performance may not be repeated.</p><p xmlns="http://www.w3.org/1999/xhtml">For a summary of the risks of an investment in the BMO ETF, please see the specific risks set out in the prospectus. Exchange-traded funds trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss. Distributions are not guaranteed and are subject to change and/or elimination.</p><p xmlns="http://www.w3.org/1999/xhtml">BMO ETFs are managed by BMO Asset Management Inc., an investment fund manager, a portfolio manager, and a separate legal entity from Bank of Montreal.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;BMO (M-bar roundel symbol)&#34; is a registered trademark of Bank of Montreal, used under licence.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About BMO Financial Group</b>  <br xmlns="http://www.w3.org/1999/xhtml"></br>BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2026. Serving clients for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to approximately 13 million clients across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the <i xmlns="http://www.w3.org/1999/xhtml">Good in business and life</i>, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities. </p>



<p xmlns="http://www.w3.org/1999/xhtml">SOURCE BMO Financial Group</p><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://rt.newswire.ca/rt.gif?NewsItemId=C6516&amp;Transmission_Id=202604300730CANADANWCANADAPR_C6516&amp;DateId=20260430" style="border:0px; width:1px; height:1px;"></img><p xmlns="http://www.w3.org/1999/xhtml"></p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=C6516&amp;sd=2026-04-30"></img> View original content: <a xmlns="http://www.w3.org/1999/xhtml" id="CNWURL" rel="nofollow" href="http://www.newswire.ca/en/releases/archive/April2026/30/c6516.html" target="_blank">http://www.newswire.ca/en/releases/archive/April2026/30/c6516.html</a></p>

BMO Asset Management Inc. has announced the launch of Hedged Units of its Broad Commodity ETF, enabling more investment options while hedging currency risks. This strategic move aims to maintain ETF performance in alignment with the Bloomberg Commodity Index, appealing to investors looking to diversify portfolios efficiently.

BMO Launches Hedged Units of BMO Broad Commodity ETF

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News