Here’s a recap of ETF activity across the Canadian market this week, from launches and filings to key updates.

Latest ETF Launches

BMO Expands Latin America Equity and Fixed-Income Offerings

BMO launched the BMO MSCI Latin America GDP Weighted Index ETF (ZLAT) on October 8. The fund tracks an MSCI index covering large- and mid-cap companies across Brazil, Chile, Colombia, Mexico, and Peru, weighting countries by GDP rather than market capitalization.

BMO also introduced ETF Series units of two existing mutual funds, the BMO Core Bond Fund (ZCRB) and BMO Emerging Markets Bond Fund (ZEMB). Both began trading on October 8, providing exchange-traded access to Canadian government and corporate bonds and emerging-market debt, respectively.

Regulatory Filings

BMO Files for Six Global Equity and Fixed-Income ETFs

BMO Asset Management filed for six ETFs spanning global equities, diversified bonds, securitized credit, and income strategies. The BMO MSCI All Country World Index ETF (ZAW) would track the MSCI ACWI Index, providing developed- and emerging-market equity exposure for a 0.18% management fee.

The BMO Fixed Income ETF (ZFIX) would invest primarily in bond funds, while the BMO Income ETF (ZINC) would target an 80% fixed-income and 20% equity allocation. Both would charge 0.15%.

The BMO European Securitized Credit ETF (ZESC) and BMO Global Securitized Credit Hedged to CAD ETF (ZGSC) would target CLOs and other securitized debt, each charging 0.45%. The BMO Global Short-Term Discount Bond Hedged to CAD ETF (ZGDB) would invest in short-term investment-grade corporate bonds trading near or below par, with a 0.18% fee.

Purpose Plans Active Global Equity and High-Income ETFs

Purpose Investments filed for the Purpose Active Equity Fund – ETF Shares (PAEF), an actively managed global equity strategy seeking long-term capital growth through diversified geographical exposure. The proposed fund would charge a 0.20% management fee.

Purpose also filed for the Purpose Global High Income Fund – ETF Shares (PGHI), a flexible multi-asset strategy investing across fixed income, equities, derivatives, and cash equivalents to pursue income and total returns. The proposed management fee is 0.60%.

Product Updates

CIBC Expands ETF Strategies Into Mutual Funds

CIBC and CIBC Global Asset Management introduced three mutual funds built around ETF strategies. The CIBC All-Equity Growth ETF Portfolio provides diversified global equity exposure, while the Avantis CIBC International Equity ETF Fund invests in the Avantis CIBC International Equity ETF (CADE) and the Avantis CIBC All-Equity Asset Allocation ETF Fund invests in the Avantis CIBC All-Equity Asset Allocation ETF (CAGE). The additions make these ETF strategies available through the mutual fund channel.

Global X Reduces Fees on Three ETFs

Global X Investments Canada reduced management fees on three ETFs, effective October 9. The Global X Active Ultra-Short Term Investment Grade Bond ETF (HFR) saw its fee cut from 0.40% to 0.25%, while the Global X MSCI Emerging Markets Index ETF (EMMX.U) and Global X MSCI EAFE Index ETF (EAFX.U) also received permanent fee reductions. The revised fees for the latter two were not specified in the supplied announcement.

This article was written on October 10th, 2026. Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.