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Asset Allocation ETFs: BMO vs iShares (ZCON, ZBAL, ZGRO)The BMO Canadian Equity ETF Fund's main objective is to achieve a high level of after-tax return, including dividend income and capital gains. The BMO Tactical Global Equity ETF Fund's main objective is to achieve a high level of after-tax return, including dividend income and capital gains. 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.