This week, the U.S. annual inflation rate reached 8.5%, its highest level in over 40 years. What impact will that have on the bond market? In today’s episode, Mark Raes, Chris McHaney, and Matt Montemurro discuss that question as well as the Nasdaq-100, Russian equities, preferred shares, and gold.

Read the episode summary.

 

Mark Raes is the Head of Product at BMO Global Asset Management. He is joined on the podcast by Chris McHaney and Matt Montemurro, Portfolio Managers and ETF Specialists at BMO Global Asset Management. The episode was recorded live on April 13, 2022.

 

ETFs mentioned in the podcast:

BMO Long-Term US Treasury Bond Index ETF (Ticker: ZTL)

BMO Long Federal Bond Index ETF (Ticker: ZFL)

BMO Aggregate Bond Index ETF (Ticker: ZAG)

BMO Discount Bond Index ETF (Ticker: ZDB)

BMO Short Corporate Bond Index ETF (Ticker: ZCS)

BMO High Quality Corporate Bond Index ETF (Ticker: ZQB)

BMO Short-Term Discount Bond ETF (Ticker: ZSDB)

BMO Corporate Discount Bond ETF (Ticker: ZCDB)

BMO NASDAQ 100 Equity Hedged to CAD Index ETF (Ticker: ZQQ)

BMO NASDAQ 100 Equity Index ETF (Ticker: ZNQ)

BMO MSCI Emerging Markets Index ETF (Ticker: ZEM)

BMO Laddered Preferred Share Index ETF (Ticker: ZPR)

BMO Equal Weight Global Gold Index ETF (Ticker: ZGD)

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.

 

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.

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).

 

Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the ETF Facts or prospectus 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 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.

 

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.

 

BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc. and BMO Investments Inc. 

 

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