ZWC - BMO Canadian High Dividend Covered Call ETF

Canada’s banking regulator cracked down on HISA ETFs in a long-awaited ruling. In today’s episode, portfolio managers Alfred Lee, Chris McHaney, and your host, Andrew Vachon, digest OSFI’s decision and provide places to park cash. They also discuss the latest Fed and Treasury announcements, the likelihood of a technical recession, and developments from the Bank of Japan.  Andrew Vachon is a Senior Product Manager at BMO Global Asset Management. He is joined on the podcast by Alfred Lee and Chris McHaney, Portfolio Managers and ETF Specialists at BMO Global Asset Management.  The episode was recorded live on Thursday, November 2, 2023.

In its latest announcement, the Bank of Canada held interest rates steady at 5%, opening the door to speculation. In today’s episode, portfolio managers Matt Montemurro, Omanand Karmalkar, and your host, Mckenzie Box, discuss the central banks’ downgraded outlook and when it could reach its 2% inflation target. They also explore a barbell strategy, dividend stocks, market volatility and the U.S. earnings season.

BMO ETFs presents our top 5 picks yielding 5% or more for investors who are looking for ideas to enhance the level of yield in their portfolios.