BMO recently unveiled a Women in Leadership fund, which tracks companies with a female CEO and/or with women making up 25% of board members.

According to Julie Barker-Merz, ‎President and Head of Wealth Direct investing at BMO, the fund is the first of its kind in Canada by a major bank and isn’t a diversity or a “social impact” play. It’s a product designed to fully perform in the marketplace, and outperform the index.

To hear more about the fund and the reasons behind its inception, watch the video below: