BMO gold ETF is a fund that was developed to invest in securities, presented in the Solactive Equal Weight Global Gold Index.
Thus, the Fund invests in securities of companies in the gold mining sector in the same proportion, as they are presented in the Index.
The characteristics of the Fund are:
- the potential of capital growth
- low level of risks
- local currency appreciation benefits
- investments to the leading gold mining companies across the world
More information about the fund of Bank of Montreal Harris in Canada can be found at the bank's site.