ETF Roadmap

ZEM - BMO MSCI Emerging Markets Index ETF

Go deeper:

Related Strategy & Insights

Portfolio Strategy Report (Q1 2026)

Ever been to a really good party that you didn’t want to end? Remember that feeling you get when the lights start to come back on, the bar is closing and the music is winding down? There’s a slight wistfulness that the fun is over and it’s time to go home – even if you feel like it’s still a bit too early and want to keep dancing.

Quarterly Model Portfolios
Strategy Updates
Portfolio Strategy Report (Q4 2025)

There is a deep contradiction between perception and reality that is currently playing out in the U.S. economic landscape. In many ways, it reminds us of the setting to the famous 1999 movie, The Matrix (a friendly spoiler alert for those that haven’t seen it – skip ahead to the next paragraph). In the movie, the world in which the protagonist wakes up is a simulated reality powered by an engine that most don’t see. This ​“invisible engine” dynamic helps us square the inconsistency between the prevailing narrative of U.S. economic fragility and incoming data that shows resilience.

Quarterly Model Portfolios
Strategy Updates
Portfolio Strategy Report (Q3 2025)

Despite the recovery in broad risk over the past few months, the underlying issue remains the same. The decades-long integration of global trade — with the United States at the hub — has been permanently disrupted. And unless we see a complete reversal from the Trump administration, the current regime of higher trade barriers is likely here to stay.

What’s more, we also appear to be in the early stages of something more nefarious — a capital war. As congressional members pass the ​“One, Big, Beautifull Bill Act”, a provision like Section 899, even if excluded, should send a reminder to non-U.S. investors that foreign investment is becoming less welcome than it has been in the past.

Quarterly Model Portfolios
Strategy Updates

Related Trade Ideas & Podcasts

Podcast: Guided ETF Portfolio Strategy Q1 2026 - January 14, 2026

From shifting policy signals to growing interest in commodities, the investing playbook is evolving. In this episode, ETF and Alternatives Strategist Bipan Rai and host Michelle Allen discuss what these developments could mean for portfolio strategies and fixed income positioning this quarter. Michelle Allen is Senior Associate, Online Distribution at BMO Exchange Traded Funds and Bipan Rai is Head of ETF Strategy, Exchange Traded Funds at BMO GAM. The episode was recorded live on Wednesday, January 14, 2026.

Views from the Desk
Listen/read now
Podcast: The Case for Asset Allocation ETFs - January 1, 2026

Asset allocation ETFs offer simplicity, diversification, and low fees — making them an increasingly popular choice for Canadian investors. But with more than 90 options on the market, finding the best fit can be challenging. In today’s episode, Alain Desbiens joins host Danielle Neziol to explore the unique benefits of these all-in-one solutions and highlight BMO ETFs that can help investors build wealth and manage income more effectively — whether starting out or planning for retirement.

Views from the Desk
Listen/read now
Top ETF Trades for 2026: Conviction, Context and a Respect for Unpredictability

The end of the year is a special time. The slowing modulation of the markets gives many an analyst time to unplug, which inevitably leads to reflection about what the next year will bring. And as ideas begin to take shape, convictions start to form and a general sense of where the market is headed is reached.

It is almost always a humbling exercise.

For instance, just consider a subset of the important macro/​market events from this year

Strategy
Podcast: Outlook for International Equities - October 22, 2025

Where should investors be looking abroad? In this deep dive episode, Bipan Rai, Johan Ahlberg, and your host, Erika Toth, put international equities under the microscope. They explore trends in recent flows data, ways to diversify outside of Canada with ETFs and CDRs, and the outlook for the months ahead. Erika Toth is Director, Institutional & Advisory, Eastern Canada 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 Johan Ahlberg, Director, Development & Strategic Advisory, Structured Solutions at BMO GAM. The episode was recorded live on Wednesday, October 22, 2025.

Views from the Desk
Listen/read now

Tools and Performance Updates