Podcast: What Canada’s Election Results Mean for Investors
In today’s episode, Bipan Rai, Matt Montemurro, and your host, Erika Toth, break down the recent federal election results. They discuss the Liberal government’s priorities, interprovincial trade barriers, the economic outlook — and what it all means for investors.
Erika Toth is a Director of Institutional and Advisory at BMO Global Asset Management (BMO GAM). She is joined on the podcast by Bipan Rai, Head of ETF Strategy, Exchange Traded Funds at BMO GAM, and Matt Montemurro, Managing Director and Head of Fixed Income & Equity Index ETFs, Exchange Traded Funds, at BMO GAM. The episode was recorded live on Tuesday, May 6, 2025.
ETFs mentioned:
- BMO Ultra Short-Term Bond ETF (Ticker: ZST)
- BMO Money Market Fund ETF Series (Ticker: ZMMK)
- BMO Target 2027 Canadian Corporate Bond ETF (Ticker: ZXCO)
- BMO AAA CLO ETF (Ticker: ZAAA)
- BMO AAA CLO ETF (Hedged Units) (Ticker: ZAAA.F)
- BMO Long Federal Bond Index ETF (Ticker: ZFL)
- BMO Short Corporate Bond Index ETF (Ticker: ZCS)
- BMO Mid Federal Bond Index ETF (Ticker: ZFM)
- BMO Aggregate Bond Index ETF (Ticker: ZAG
- BMO MSCI EAFE Index ETF (Ticker: ZEA)
- BMO MSCI EAFE Hedged to CAD Index ETF (Ticker: ZDM)
- BMO Equal Weight Utilities Index ETF (Ticker: ZUT)
- BMO Covered Call Utilities ETF (Ticker: ZWU)
- BMO Equal Weight Industrials Index ETF (Ticker: ZIN)
- BMO Global Infrastructure Index ETF (Ticker: ZGI)
Total returns, as of 2025/04/30: ZWU: 1 yr: 19.85%, 3yr: 2.51%, 5 yr 6.67%, 10 yr: 4.05%, SI: 4.86%
Annualized distribution yield, as of 2025/05/06: ZWU: 7.62%
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 simplified prospectus.
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.
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