E225 – Trump vs. Biden: How the U.S. Election Could Impact Markets
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Description
With the 2024 U.S. presidential election just under six months away, headlines are heating up. In today’s episode, Portfolio Managers Chris Heakes, Matt Montemurro, and your host, Mckenzie Box, explore what the outcome could mean for your investments. They also discuss oil prices, opportunities outside of Canada, and the latest U.S. inflation print. The episode was recorded live on Wednesday, May 15, 2024. ETFs mentioned in the podcast: BMO Money Market Fund ETF Series (Ticker: ZMMK) BMO USD Cash Management ETF (Ticker: ZUCM) BMO Gold Bullion ETF (Ticker: ZGLD) BMO Equal Weight Oil & Gas Index ETF (Ticker: ZEO) BMO MSCI EAFE Hedged to CAD Index ETF (Ticker: ZDM) BMO MSCI India ESG Leaders Index ETF (Ticker: ZID) BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF (Ticker: ZSU) BMO Short-Term US Treasury Bond Index ETF (Ticker: ZTS) ZMMK, total returns as at 2024/04/30: 1yr: 5.18%, 2yr: 4.26%, SI: 3.57% ZID, total returns as at 2024/04/30: 1yr: 25.50%, 3yr: 12.57%, 5yr: 11.14%, 10yr: 13.46%, SI: 8.89% Disclaimers: 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. 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 BMO ETFs or securities referred to herein are not sponsored, endorsed or promoted by MSCI Inc. (“MSCI”), and MSCI bears no liability with respect to any such BMO ETFs or securities or any index on which such BMO ETFs or securities are based. The prospectus of the BMO ETFs contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related BMO ETFs. Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the ETF Facts or prospectus of the BMO ETFs 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 BMO ETF’s 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. This podcast is for information purposes. The information contained herein is not, and should not be construed as, investment, tax or legal advice to any party. Particular investments and/or trading strategies should be evaluated relative to the individual’s investment objectives and professional advice should be obtained with respect to any circumstance.
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