BMO US dividend ETF was developed to invest mostly in the securities of the leading companies from the USA, which plan to pay dividends in the short term and rarely to securities of trusts and preferred shares.
The characteristics of the Fund are:
- investments to the firms from the USA
- average level of investment risks – market fluctuations may happen
- regular income payments
More information about the fund of Bank of Montreal Harris in Canada can be found at the bank's site.