E158 – U.S. Inflation Data Trending in the Right Direction

BMO ETFs: Views from the Desk

The latest U.S. inflation print points toward a continued deceleration in consumer prices, likely providing the Fed the evidence it needs to reduce or even pause altogether an expected interest-rate hike at the Federal Open Market Committee’s next meeting. In today’s episode, portfolio managers Chris Heakes, Matt Montemurro, and your host, McKenzie Box, discuss why investors may want to maintain defensive exposure despite a less hawkish Fed. They also dive into how factor investing can mitigate the market volatility that will likely persist well into the year. Read the episode summary.

Mckenzie Box is Director of ETF Product Management at BMO Global Asset Management. She is joined on the podcast by Matt Montemurro and Chris Heakes, Portfolio Managers and ETF Specialists at BMO Global Asset Management. The episode was recorded live on January 12, 2023.

ETFs mentioned in the podcast:

• BMO Low Volatility Canadian Equity ETF (Ticker: ZLB)
• BMO Low Volatility US Equity ETF (Ticker: ZLU)
• BMO Canadian Dividend ETF (Ticker: ZDV)
• BMO US High Dividend Covered Call ETF (Ticker: ZWH)

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.

Commissions, management fees and expenses (if applicable) all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds. Please read the ETF facts or prospectus of the relevant BMO ETF or ETF Series before investing. BMO ETFs and ETF Series 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 or ETF Series of the BMO Mutual Funds, please see the specific risks set out in the prospectus. BMO ETFs and ETF Series 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. ETF Series of the BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund 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.

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