E301 – ETF Strategies for a Longer Retirement

What happens when an aging population reshapes an entire nation’s financial future? In this episode, Alain Desbiens joins host Michelle Allen to unpack how Canada’s demographic shift is transforming retirement planning, creating new challenges—and long‑term opportunities—for today’s investors.Michelle Allen is Senior Associate, Online Distribution at BMO Exchange Traded Funds and Alain Desbiens is Vice Chair of BMO Exchange Traded Funds. This episode was recorded live on Tuesday, February 10, 2026. ETFs mentioned:· BMO Asset Allocation ETFs· BMO Conservative ETF (ZCON)· BMO Balanced ETF (ZBAL)· BMO Growth ETF (ZGRO)· BMO All-Equity ETF (ZEQT)· BMO Covered Call Canadian Banks ETF (ZWB)· BMO Canadian High Dividend Covered Call ETF (ZWC)· BMO US High Dividend Covered Call ETF (ZWH)· BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA)· BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE)· BMO Global High Dividend Covered Call ETF (ZWG)· BMO Covered Call US Banks ETF (ZWK)· BMO Covered Call Utilities ETF (ZWU)· BMO Covered Call Health Care ETF (ZWHC)· BMO Covered Call Technology ETF (ZWT) · BMO Balanced ETF (Target Cash Flow Units) (ZBAL.T)· BMO Growth ETF (Target Cash Flow Units) (ZGRO.T) Sources:ETF Flows, according to the National Bank Report, December 2025Retirement Is Getting Longer. Your Portfolio Should Too.Stats CanadaPress Release - February 12, 2026 - BMO Expands ETF Lineup with New Target Cash Flow UnitsDisclaimers:Please visit for full disclaimersThis podcast is for information purposes. The viewpoints expressed by the speakers 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. They involve risks, uncertainties and assumptions. Although such statements are based on assumptions that are believed to be reasonable, there can be no assurance that actual results will not differ materially from expectations. Investors are cautioned not to rely unduly on any forward-looking statements. In connection with any forward-looking statements, investors should carefully consider the areas of risk described in the most recent prospectus.The Dow Jones Industrial Average Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by the Manager. S&P®, S&P 500®, Select Sector®, SPDR®, US 500, The 500 are trademarks of S&P Global, Inc. or its affiliates (“S&P”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”), and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by the Manager. The ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Index.You cannot invest directly in an index. BMO ETFs are managed by BMO Asset Management Inc., an investment fund manager, a portfolio 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.“BMO (M-bar roundel symbol)” is a registered trademark of Bank of Montreal, used under licence.