E45 - Playing the Waiting Game on Vaccines

The past week has seen ground-breaking news in the fight against the pandemic, and the markets are cheering on. For Advisors considering whether to capture those vaccine-inspired gains, our experts, Mark Raes, Alfred Lee and Chris McHaney, have one piece of advice – stay the course on defensive growth. In this podcast, we hear the benefits of Quality ETFs and Government Bonds as reliable bets, while the roadblocks – rising cases of COVID-19, unemployment, lacklustre economic growth – all stand in the way of a sustained rally. Read the episode summary. Mark Raes is the Head of Product at BMO Global Asset Management. He is joined on the podcast by Alfred Lee and Chris McHaney, two Portfolio Managers and ETF Specialists at BMO Global Asset Management. The episode was recorded live on November 18, 2020. ETFs mentioned in the podcast: BMO MSCI USA High Quality Index ETF (Ticker: ZUQ) BMO Emerging Markets Bond Hedged to CAD Index ETF (Ticker: ZEF) BMO S&P 500 Index ETF (Ticker: ZSP) BMO Equal Weight US Health Care Hedged to CAD Index ETF (Ticker: ZUH) BMO ESG US Corporate Bond Hedged to CAD Index ETF (Ticker: ESGF) BMO NASDAQ 100 Equity Index ETF (ZNQ) Also listen to our Deep Dive episodes: Why “Quality” Outperforms in Bear and Bull Markets Tax-Loss Harvesting for 2020 Year-End 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.