The range, from BMO Global Asset Management, includes four global corporate bond ETFs and five equity ones, and provides advisers and their clients with a range of income and growth options.
According to Richard Wilson, chief executive of BMO Global Asset Management (EMEA), this is the first time that a Canadian ETF provider has listed ETFs in Europe.
Mr Wilson said: “Establishing our ETF offering in Europe is a key strategic milestone for us as we continue to expand across the region.
The company has more than 60 different ETFs listed in Canada, and has launched three ETFs in Hong Kong in 2014.
The nine ETFs are listed in sterling and those that invest in non-sterling investments are offered as sterling-hedged funds to mitigate this currency risk.
Adviser view
Scott Taylor, IFA for Buckinghamshire-based Brilliance Financial Planning, said: “I have not come across BMO before, but I think the market does need more diversity in terms of providers and asset classes covered.
“We certainly do not need more FTSE 100 ETFs. I would like to see more fundamental indices for ETFs; ones that are not weighted by market cap, for example. I would be prepared to see slightly higher costs for something a little different.”
