E242 – Guided Portfolio Strategy Q4 2024

BMO ETFs: Views from the Desk

In this episode, ETF Strategist Bipan Rai, and your host, Erika Toth, explore the humming U.S. economy, while Canada’s faces turbulence in the home stretch of 2024.

• BMO US Dividend ETF (ZDY)
• BMO S&P US Small Cap Index ETF (ZSML)
• BMO MSCI USA High Quality Index ETF (ZUQ)
• BMO Low Volatility US Equity ETF (ZLU)
• BMO Discount Bond Index ETF (ZDB)
• BMO Aggregate Bond Index ETF (ZAG)
• BMO Equal Weight Oil & Gas Index ETF (ZEO)
• BMO Equal Weight Banks Index ETF (ZEB)
• BMO MSCI Emerging Markets Index ETF (ZEM)
• BMO MSCI EAFE Index ETF (ZEA)
• BMO Mid Corporate Bond Index ETF (ZCM)
• BMO Long Federal Bond Index ETF (ZFL)
• BMO Short-Term US TIPS Index ETF (Hedged Units) (ZTIP.F)
• BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF (ZSU)
• BMO Long Short US Equity ETF (ZLSU)
• BMO US Equity Buffer Hedged to CAD ETF – July (ZJUL)
• BMO US Equity Buffer Hedged to CAD ETF – October (ZOCT)
• BMO Laddered Preferred Share Index ETF (ZPR)
• BMO Gold Bullion ETF (ZGLD)

ZLSU, total returns as of 2024/09/30: 1 yr: 27.02%, SI: 26.76%

Disclaimers:

The viewpoints expressed by the speakers represent their assessment of the markets at the time of publication. Those views are subject to change without notice at any time. The information contained herein is not, and should not be construed as, investment, tax or legal advice to any party.

Any statement that necessarily depends on future events may be a forward-looking statement. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Although such statements are based on assumptions that are believed to be reasonable, there can be no assurance that actual results will not differ materially from expectations. Investors are cautioned not to rely unduly on any forward-looking statements. In connection with any forward-looking statements, investors should carefully consider the areas of risk described in the most recent prospectus.

An investor that purchases Units of a Structured Outcome ETF other than at starting NAV on the first day of a Target Outcome Period and/or sells Units of a Structured Outcome ETF prior to the end of a Target Outcome Period may experience results that are very different from the target outcomes sought by the Structured Outcome ETF for that Target Outcome Period. Both the cap and, where applicable, the buffer are fixed levels that are calculated in relation to the market price of the applicable Reference ETF and a Structured Outcome ETF’s NAV (as Structured herein) at the start of each Target Outcome Period. As the market price of the applicable Reference ETF and the Structured Outcome ETF’s NAV will change over the Target Outcome Period, an investor acquiring Units of a Structured Outcome ETF after the start of a Target Outcome Period will likely have a different return potential than an investor who purchased Units of a Structured Outcome ETF at the start of the Target Outcome Period. This is because while the cap and, as applicable, the buffer for the Target Outcome Period are fixed levels that remain constant throughout the Target Outcome Period, an investor purchasing Units of a Structured Outcome ETF at market value during the Target Outcome Period likely purchase Units of a Structured Outcome ETF at a market price that is different from the Structured Outcome ETF’s NAV at the start of the Target Outcome Period (i.e., the NAV that the cap and, as applicable, the buffer reference). In addition, the market price of the applicable Reference ETF is likely to be different from the price of that Reference ETF at the start of the Target Outcome Period. To achieve the intended target outcomes sought by a Structured Outcome ETF for a Target Outcome Period, an investor must hold Units of the Structured Outcome ETF for that entire Target Outcome Period.

“BMO (M-bar roundel symbol)” is a registered trademark of Bank of Montreal, used under licence.