Bank of Montreal’s asset management arm announced on Friday the launch of three new target-maturity bond ETFs.

Western Asset Interm Maturity NY Muni Fd earns an Average Process Pillar rating. The most important driver of the rating is the experience of the management team, which averages 36 years at this fund.

BMO Asset Management Inc., the manager of the BMO ETFs and Canada’s largest fixed income ETF provider, has launched three new ...