This Week in ETFs: From November 17-21
Budget 2025 trade ideas
Nov. 19, 20254 WAYS TO PLAY THE FEDERAL BUDGET
Was this the most transformative fiscal budget release in years? With major commitments for infrastructure, defense and housing spending — not to mention regulatory streamlining and tax incentives — it certainly has the potential to be. That said, where will opportunities lie ahead? Bipan Rai and Saakshi Mehta break down the four most market-relevant points and how to play them using BMO ETFs.
BMO LONG SHORT STRATEGIES
In this November update, hear from our portfolio managers as they take advantage of increased datacentre construction and rising energy demand, while also capturing short returns on a downcast commercial real estate sector and softer insurance premiums.
TAX TOOL KIT FOR YEAR-END
- Estimated Year-End Distributions: The estimated annual reinvested distributions for BMO ETFs and ETF Series of BMO Mutual Funds are now available. Final year-end distribution amounts are expected to be announced on December 19, 2025. | Press release
- 2025 Tax Loss Harvesting Guide: As the year-end fast approaches, we provide ETF trade ideas to help clients generate tax savings. | Download guide
INVESTMENT SUMMIT: SECURE YOUR SPOT
BMO GAM Investment Summit
Join us in Whistler, B.C., from February 25 - 27, 2026, where you’ll enjoy a mix of investment content, peer networking, and leisure activities — including skiing in one of North America’s top alpine destinations.
Attendance is on a first-come, first-served basis and subject to dealer approval. Please confirm with your dealership before registering.
Disclaimers
FOR FINANCIAL ADVISOR USE ONLY.
No portion of this communication may be reproduced or distributed to clients.
This communication 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.
The viewpoints expressed by the authors 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 provided herein does not constitute a solicitation of an offer to buy, or an offer to sell securities nor should the information be relied upon as investment advice. This communication is intended for informational purposes only.
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.
Dividends are not guaranteed and may fluctuate. Past Performance is not indicative of future results.
Distributions are not guaranteed, may fluctuate and are subject to change and/or elimination.
The BMO Broad Commodity ETF is an exchange-traded alternative mutual fund within the meaning of NI 81-102. As an alternative mutual fund, the BMO ETF has the ability to invest in asset classes and use investment strategies that are not permitted for conventional mutual funds, including the ability to invest in other alternative mutual funds, employ leverage and borrow cash to use for investment purposes and increased ability to invest in commodities. While these strategies will be used in accordance with the BMO ETF’s investment objective and strategies, during certain market conditions, they may accelerate the pace at which an investor’s investment decreases in value.
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.
BMO ETFs are managed and administered by BMO Asset Management Inc., 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 under which BMO Asset Management Inc. and BMO Investments Inc. operate.
“BMO (M-bar roundel symbol)” is a registered trademark of Bank of Montreal, used under licence.

