BMO Transfers 3 BMO Mutual Fund ETF Series, Managed by ARK Investment Management, to Cboe Canada

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TORONTO, June 14, 2024--(BUSINESS WIRE)--Cboe Canada Inc. ("Cboe Canada") is pleased to announce BMO Investments Inc. ("BMO") has transferred three BMO mutual fund ETF series, trading under the symbols ARKK, ARKW, and ARKG, to Cboe Canada. These ETF series are actively managed by ARK Investment Management LLC ("ARK").

"The ETF series within today’s transfer are a natural fit for Cboe Canada, offering exposure to the Innovation Economy that we have staked our claim in supporting from day one," remarked Rob Marrocco, Global Head of ETF Listings at Cboe Global Markets. "Powered by Cathie Wood and ARK’s seasoned investment team, these ETF series offer Canadian investors the ability to invest in the companies accelerating technological progress and to take part in shaping the future they want to experience."

The three BMO ARK ETF series are as follows:

BMO ARK Innovation Fund ETF Series – (ARKK) aims to provide long term capital appreciation by investing in global equities within a range of sectors positioned to benefit from technological innovation, including fintech innovation, genomic innovation, industrial innovation, and next generation internet innovation.

BMO ARK Next Generation Internet Fund ETF Series – (ARKW) is designed to offer long term capital growth through exposure to global equities in the internet technologies sector, including internet-based products and services, new payment methods, big data, and the internet of things.

BMO ARK Genomic Revolution Fund ETF Series – (ARKG) seeks to provide long term capital appreciation by investing primarily in companies around the world involved in technological and scientific developments in genomics, including CRISPR, targeted therapeutics, bioinformatics, and molecular diagnostics.

With today’s transfer, there are now a total of 11 BMO ETFs, including BMO ETF series, trading on Cboe Canada. Investors can trade units of BMO ETFs and ETF series through their usual investment channels, including discount brokerage platforms and full-service dealers. Click here for a complete view of all Cboe Canada listed securities.

Cboe Canada is home to over 290 unique listings, including ETFs from Canada’s largest ETF issuers, Canadian Depositary Receipts (CDRs), and some of the most innovative Canadian and international growth companies. In Canada, Cboe consistently facilitates more than 20% of all volume traded in Canadian ETFs and over 15% of all volume traded in Canadian-listed companies.

About Cboe Canada

Cboe Canada is Canada’s Tier 1 stock exchange for the purpose-driven Innovation Economy, providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

Cboe Canada is part of the Cboe Global Markets network, leveraging deep international expertise, industry-leading market intelligence and technology, and unparalleled service to deliver what stakeholders and the world need now, and for the future.

Cboe powers ETF Market Canada, a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,200+ Canadian ETFs, free of charge.

Connect with Cboe Canada: Website | LinkedIn | X | Instagram | Facebook

About BMO Financial Group

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 2024. Serving customers 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 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

Connect with BMO: Website | LinkedIn | X | Instagram | Facebook

About ARK Investment Management

About ARK Investment Management LLC ARK Investment Management LLC is a federally registered investment adviser and privately held investment firm. Specializing in thematic investing in disruptive innovation, the firm is rooted in over 40 years of experience in identifying and investing in innovations that should change the way the world works. Through its open research process, ARK identifies companies that it believes are leading and benefiting from cross-sector innovations such as robotics, energy storage, multi-omic sequencing, artificial intelligence, and blockchain technology. ARK’s investment strategies include Autonomous Technology and Robotics, Next Generation Internet, Genomic Revolution, Fintech Innovation, Space Exploration & Innovation, 3D Printing, Israel Innovative Technology, Venture Capital, and the overall ARK Disruptive Innovation Strategy. For more information about ARK, its offerings, and original research, please visit www.ark-invest.com.

Connect with ARK: Website | LinkedIn | X | Instagram | Facebook

Commissions, management fees and expenses (if applicable) all may be associated with investments in mutual funds. Trailing commissions may be associated with investments in certain series of securities of mutual funds. Please read the fund facts, ETF facts or prospectus of the relevant mutual fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Distributions are not guaranteed and are subject to change and/or elimination.

For a summary of the risks of an investment in the BMO Mutual Funds, please see the specific risks set out in the prospectus. ETF Series of the BMO Mutual 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.

BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal.

"BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.

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Contacts

Cboe Canada Media Contact:
[email protected]

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