E267 – What Canada’s Election Results Mean for Investors

In today’s episode, Bipan Rai, Matt Montemurro, and your host, Erika Toth, break down the recent federal election results. They discuss the Liberal government’s priorities, interprovincial trade barriers, the economic outlook—and what it all means for investors.

Erika Toth is a Director of Institutional and Advisory at BMO GAM. She is joined by Bipan Rai, Head of ETF Strategy, Exchange Traded Funds at BMO GAM, and Matt Montemurro, Managing Director and Head of Fixed Income & Equity Index ETFs, Exchange Traded Funds. Recorded live on May 6, 2025.

ETFs:

• BMO Ultra Short-Term Bond ETF (ZST)
• BMO Money Market Fund ETF Series (ZMMK)
• BMO Target 2027 Canadian Corporate Bond ETF (ZXCO)
• BMO AAA CLO ETF (ZAAA)
• BMO AAA CLO ETF (Hedged Units) (ZAAA.F)
• BMO Long Federal Bond Index ETF (ZFL)
• BMO Short Corporate Bond Index ETF (ZCS)
• BMO Mid Federal Bond Index ETF (ZFM)
• BMO Aggregate Bond Index ETF (ZAG
• BMO MSCI EAFE Index ETF (ZEA)
• BMO MSCI EAFE Hedged to CAD Index ETF (ZDM)
• BMO Equal Weight Utilities Index ETF (ZUT)
• BMO Covered Call Utilities ETF (ZWU)
• BMO Equal Weight Industrials Index ETF (ZIN)
• BMO Global Infrastructure Index ETF (ZGI)

 

Total returns, as of 2025/04/30: ZWU⁠: 1 yr: 19.85%, 3yr: 2.51%, 5 yr 6.67%, 10 yr: 4.05%, SI: 4.86%

Annualized distribution yield, as of 2025/05/06: ZWU⁠: 7.62%

This yield is calculated by taking the most recent regular distribution, or expected distribution, (exclud