BMO ESG Corporate Bond Index ETF (ESGB.TO) TSX

28.09

+0.12(+0.43%)

Updated at September 05 03:55PM

Currency In CAD

BMO ESG Corporate Bond Index ETF

Address

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

January 15, 2020

Key Executives

N/A

Description

The fund tracks an index of corporate investment grade bonds that have higher ESG ratings (based on MSCI ESG ratings) relative to their peers, and a term to maturity greater than one year. The CAD-denominated index screens issuers from the parent index, Bloomberg Canadian Corporate Index, including securities with ESG ratings of BBB or above. These securities can come from industrial, utility and financial issuers. The index excludes companies that earn a significant portion of revenues from tobacco, adult entertainment, alcohol, gambling, conventional weapons and civilian firearms, any controversial weapons, significant generation of nuclear power, unconventional oil and gas, and other controversial companies. Eligible securities are then market-value-weighted within the portfolio and rebalanced on a monthly basis.