E195 – Stocks Plunge as Yields Surge

BMO ETFs: Views from the Desk

As yields soar to multi-decade highs, the Federal Reserve’s higher-for-longer rates narrative is beginning to sink in. In today’s episode, portfolio managers Winnie Jiang, Charles-Lucien Myssie, and your host, Mckenzie Box, discuss prudent ways to play defense in an uncertain environment. They also discuss equity portfolio positioning, Structured Outcome ETFs, places to park cash and ways to stay invested. Read the episode summary.

Mckenzie Box is Director of Product and Strategy at BMO Global Asset Management. She is joined on the podcast by Winnie Jiang and Charles-Lucien Myssie, Portfolio Managers and ETF Specialists at BMO Global Asset Management. The episode was recorded live on Thursday, October 5, 2023.

Disclosure:

Upside calls: At the Money Calls.

BMO Buffer ETFs seeks to provide income and appreciation that match the return of a Reference Index up to a cap (before fees, expenses and taxes), while providing a buffer against the first 15% (before fees, expenses and taxes) of a decrease in the Reference Index over a period of approximately one year, starting from the first business day of the stated outcome period.

BMO Accelerator ETFs seek to provide unitholders with income and approximately double (2x) the price return of a Reference Index that gives exposure to equity securities up to a cap (before fees, expenses and taxes).

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. 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.

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