Insights From ETFs: BMO: An industry leader in ETFs

T he Exchange-Traded Funds (ETF) industry has grown tremendously since the first ETF (XIC) was introduced by Blackrock in 1999 (Fun fact: It was actually the first ETF in the world). Vanguard came into the Canadian space with ETFs over a decade later, in 2011, taking a good share of the market. However, the big Canadian banks were about two decades late, introducing ETFs as late as 2018 and 2019. The exception to this group, however, is Bank of Montreal (BMO) which launched its first ETF in...