E84 – Drilling into Oil Prices as Economies Re-Open

BMO ETFs: Views from the Desk

A lack of production cuts from OPEC drove oil prices higher this week, with some analysts predicting that crude prices may once again reach $100 per barrel. In this episode, Mark Raes, Chris McHaney and Matt Montemurro explain why an equal weighted approach to Energy can help investors manage risk, especially as the economy continues to re-open and demand for oil increases. Our experts also explore fixed income assets, REITs, Quality stocks and the benefits of a Covered Call Bank exposure.

Read the episode summary.

Mark Raes is the Head of Product at BMO Global Asset Management. He is joined on the podcast by Matt Montemurro and Chris McHaney, both Portfolio Managers and ETF Specialist at BMO Global Asset Management. The episode was recorded live on July 7, 2021.

ETFs mentioned in the podcast:

• BMO Equal Weight Oil & Gas Index ETF (Ticker: ZEO)
• BMO Aggregate Bond Index ETF (Ticker: ZAG)
• BMO BBB Corporate Bond Index ETF (Ticker: ZBBB)
• BMO High Quality Corporate Bond Index ETF (Ticker: ZQB)
• BMO Short Corporate Bond Index ETF (Ticker: ZCS)
• BMO Equal Weight REITs Index ETF (Ticker: ZRE)
• BMO MSCI USA High Quality Index ETF (Ticker: ZUQ)
• BMO Equal Weight Banks Index ETF (Ticker: ZEB)
• BMO Covered Call Canadian Banks ETF (Ticker: ZWB)

Resources mentioned in the podcast:

• Playing the Long Game in REITs by Alfred Lee

Disclosures:

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 all may be associated with investments in exchange traded funds. Please read the ETF Facts or prospectus 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 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 by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal.

®/™Registered trade-marks/trade-mark of Bank of Montreal, used under licence.