logo
episode-header-image
Dec 2024
23m 57s

E249 – Fixed Income Positioning After Ju...

BMO Exchange Traded Funds
About this episode

After another 50-basis point rate cut, the market is weighing where the Bank of Canada’s rate path goes from here. While the latest inflation print south of the border may complicate that trajectory. BMO Portfolio Manager Matt Montemurro, Head of Fixed Income and Equity Index ETFs joins Bipan Rai, Managing Director, BMO ETFs Strategist, and your host Erika Toth, Director for BMO ETFs, Eastern Canada, to discuss how investors can play the central bank’s direction on monetary policy. This episode was recorded live on December 11, 2024.

 

ETFs mentioned:

BMO Ultra Short-Term Bond ETF (Ticker: ZST)

BMO Long Federal Bond Index ETF (Ticker: ZFL) 

BMO Long Provincial Bond Index ETF (Ticker: ZPL)

BMO Short Provincial Bond Index ETF (Ticker: ZPS)

BMO Mid Provincial Bond Index ETF (Ticker: ZMP)

BMO Short Corporate Bond Index ETF (Ticker: ZCS)

BMO Mid Corporate Bond Index ETF (Ticker: ZCM)

BMO Canadian Bank Income Index ETF (Ticker: ZBI)

BMO MSCI USA High Quality Index ETF (Ticker ZUQ)

 

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. Investments should be evaluated relative to the individual’s investment objectives and professional advice should be obtained with respect to any circumstance.

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.

Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the ETF Facts or prospectus of the BMO ETFs before investing. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

For a summary of the risks of an investment in the BMO ETFs, please see the specific risks set out in the BMO ETF’s prospectus.  BMO ETFs trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss. Distributions are not guaranteed and are subject to change and/or elimination.

The BMO ETFs or securities referred to herein are not sponsored, endorsed or promoted by MSCI Inc. (“MSCI”), and MSCI bears no liability with respect to any such BMO ETFs or securities or any index on which such BMO ETFs or securities are based. The prospectus of the BMO ETFs contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related BMO ETFs.

BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal.

This podcast is for information purposes. The information contained herein is not, and should not be construed as, investment, tax or legal advice to any party. Particular investments and/or trading strategies should be evaluated relative to the individual’s investment objectives and professional advice should be obtained with respect to any circumstance.

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

Up next
Aug 21
E279 – The Past, Present, and Future of ETFs
Exchange-traded funds were once thought to be a passing fad in investing; now, 35 years later, the ETF industry is booming. In this special episode, Vice Chair of BMO ETFs Alain Desbiens, and your host, Erika Toth, take a look back at where it all began, the evolution of this Can ... Show More
22m 28s
Aug 14
E278 – Tech Trends and the Knowledge Revolution
Do we really know AI? In this episode, Malcolm White, Bipan Rai, and host, Zayla Saunders, take a deep dive into artificial intelligence and the unknown limits to its potential. They also explore key trends, tech earnings, and the knowledge revolution.Zayla Saunders is a Senior A ... Show More
33m 21s
Aug 13
The Open Outcry: How to deal with volatility in the U.S. rates market
Monetizing volatility through structured rate instruments has become a trusted income strategy, including for the BMO Strategic Fixed Income Yield Fund, sometimes called BMO’s “structured rates fund.” Portfolio manager Olivia Pei joins Bipan to discuss how the vehicle is construc ... Show More
19m 22s
Recommended Episodes
Jul 2024
BOXX ETF: Cash-Like Returns Without the Tax Bill
Manager research analyst Lan Tran with Morningstar Research Services breaks down the strategy of the Alpha Architect 1-3 Month Box ETF, how investors can take advantage of what it has to offer, and whether this fund is worth the hype. What Makes BOXX ETF Stand Out  What is a Box ... Show More
13m 48s
Nov 2024
ETF Explained: Australia's most popular dividend ETF - Vanguard Australian Shares High Yield ETF (VHY)
If you are looking for ETFs focused on generating income, they are in no short supply. In this episode of ETF Explained; we breakdown one of the most popular dividend ETFs in our community; Vanguard Australian Shares High Yield ETF (VHY). We see how it compares to other income ET ... Show More
15 m
Aug 8
Market Volatility: Investors Are Seeking Safety in Gold ETFs. Is It Working?
Investors are piling into global gold ETFs for a safe haven from uncertainty. Demand surged in the first half of 2025, according to a new report from the World Gold Council. The industry trade group points to geopolitical turmoil, global trade policies, and higher gold prices for ... Show More
12m 25s
Mar 2025
108: How We're Approaching Volatility in 2025
2025 has been a volatile year thus far, as we had predicted months ago. The good news is there are a ton of different ways to position yourself to take advantage of this volatility. NEOS Investments' ETFs, specifically QQQH, has a built in "hedge" for downside risk. Their oth ... Show More
56m 28s
Mar 2025
Nelnet Stock: An Update On Our Baby Berkshire Investment (Ticker: NNI)
On this episode of Chit Chat Stocks, Brett and Ryan give a comprehensive update on Nelnet after reading its 2024 annual report and shareholder letter. We discuss: (03:31) Overview of Nelnet's Business Model(08:43) Financial Services Segment Analysis(24:01) Nelnet Business Ser ... Show More
1h 9m
Feb 2024
Dean Curnutt: Market Insurance Is Cheap, Stock-Bond Correlation Is Positive, And “Interesting” VIX Opportunities
Finally, you can easily access Bitcoin in a low-cost ETF with the VanEck Bitcoin Trust (HODL). Visit https://vaneck.com/HODLFG to learn more.Dean Curnutt, founder and CEO of Macro Risk Advisors, joins Forward Guidance to share how the ongoing bull market has led to a bear market ... Show More
1h 24m
Sep 2024
6 Growing Stocks With a 4% Dividend Yield; Dollar Tree and Celsius Stock Collapses; Have We Entered Founder Mode? (CELH, DLTR, ABNB, SMCI, NVDA)
The Investing Power Hour is live-streamed every Wednesday on the Chit Chat Stocks YouTube channel at 1:30 PM EST. This week we discussed: (04:49) The Importance of Reviews for Show Growth (08:43) Founder Mode and the Challenges Faced by Airbnb (09:38) Exploring Dividend Growers: ... Show More
1h 2m
Sep 2024
Super Micro Stock Collapse; AI Debate on ROI; A Small Cap CEO Bets on Himself (SMCI, PDD, NVDA)
The Investing Power Hour is live-streamed every Wednesday on the Chit Chat Stocks YouTube channel at 1:30 PM EST. This week we discussed: (03:26) Discussion on Super Microcomputer (09:46) Acquisition of Seven and I Holdings (19:14) Microsoft's Reporting Changes (31:13) Carl I ... Show More
1h 6m
Aug 2024
AMD Acquires AI Equipment Maker for $4.9B, Mpox-linked Biotech Stocks Rally as Virus Spreads
Stock market update for August 19, 2024. Check out our Leading Indicator podcast to hear the CEO of IMAX explain how R-rated films like Deadpool & Wolverine are impacting the business. New: ⁠Bond Account⁠ Discover a new way to invest in bonds and earn a 7.3%* yield with monthly i ... Show More
7m 53s
Sep 2024
Episode 215: 1 Small Cap Biotech (TWST) Stock to Buy Now? Chip Stocks Are the Best Show In Town
Check out the New Bond account with an initial APY of 6.9%, only at https://public.com/csi We are discussing Twist Bioscience (TWST), a fascinating biotech company that helped revolutionize DNA synthesis -- but on silicon wafers. Of course Chip Stock Investor is interested! Nick ... Show More
20m 46s