E153 – Markets on Edge Following FTX Scandal

BMO ETFs: Views from the Desk

Fears of contagion momentarily gripped markets in the wake of FTX’s meltdown and bankruptcy filing. In today’s episode, portfolio managers Winnie Jiang, Chris McHaney, and your host, Mark Raes, explore the potential for future regulation in the crypto and blockchain ecosystem. They also discuss the latest inflation data, currency hedging, and the success of low volatility strategies this year. Read the episode summary.

Mark Raes is the Head of Product at BMO Global Asset Management. He is joined on the podcast by Winnie Jiang and Chris McHaney, Portfolio Managers and ETF Specialists at BMO Global Asset Management. The episode was recorded live on November 23, 2022.

ETFs mentioned in the podcast:

• BMO ARK Innovation Fund ETF Series (Ticker: ARKK)
• BMO NASDAQ 100 Equity Hedged to CAD Index ETF (Ticker: ZQQ)
• BMO NASDAQ 100 Equity Index ETF (Ticker: ZNQ)
• BMO Aggregate Bond Index ETF (Ticker: ZAG)
• BMO Ultra Short-Term Bond ETF (Ticker: ZST)
• BMO MSCI EAFE Index ETF (Ticker: ZEA)
• BMO MSCI EAFE Hedged to CAD Index ETF (Ticker: ZDM)
• BMO Low Volatility US Equity ETF (Ticker: ZLU)

Disclosure:

The viewpoints expressed by the Portfolio Manager represent their assessment of the markets at the time of publication. Those views are subject to change without notice at any time without any kind of notice. 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.

NASDAQ®, and NASDAQ-100 Index® or NASDAQ-100 Index® Hedged to CAD, are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by the Manager. The ETF(s) have not been passed on by the Corporations as to their legality or suitability. The ETF(s) are not issued, endorsed, sold, or promoted by the Corporations. The Corporations make no warranties and bear no liability with respect to the ETF(s).

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.

Commissions, management fees and expenses (if applicable) all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds. Please read the ETF facts or prospectus of the relevant BMO ETF or ETF Series before investing. BMO ETFs and ETF Series 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 or ETF Series of the BMO Mutual Funds, please see the specific risks set out in the prospectus. BMO ETFs and ETF Series 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.

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. ETF Series of the BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund manager and a separate legal entity from Bank of Montreal.

BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

®/™Registered trade-marks/trade-mark of Bank of Montreal, used under licence.