E274 – Gold that Glows with Cash that Flows

What are the advantages of investing in gold? In this special episode, Portfolio Managers Jonathan Lau and Olivia Li, and your host, Erika Toth, explore this safe-haven asset. They also introduce a new way to get exposure to the price of gold bullion while generating monthly cash flow.

Erika Toth is a Director of Institutional and Advisory at BMO Global Asset Management. She is joined by Jonathan Lau and Olivia Li, Portfolio Managers at BMO Exchange Traded Funds. Recorded live on May 28, 2025.

• A Golden Lineup of ETFs
• Cash Flow That Shines

Funds:

• BMO Gold Bullion ETF (ZGLD)
• BMO Gold Bullion ETF (USD Units) (ZGLD.U)
• BMO Gold Bullion Hedged to CAD ETF (ZGLH)
• BMO Equal Weight Global Gold Index ETF (ZGD)
• BMO Junior Gold Index ETF (ZJG)
• BMO Covered Call Spread Gold Bullion ETF (ZWGD)

 

Out-of-the-money: how far the strike price is set relative to the underlying stock price.

Call Option: a contract that gives buyer the right, but not the obligation, to purchase a specific asset at a predetermined price within a specified timeframe.

Volatility: measures how much the price of a security, derivative, or index fluctuates. The most commonly used measure of volatility when it comes to investment funds is standard deviation.

Writing (Short) Call: a contract obligating the seller to sell the underlying asset, at a specific price (the strike price) if the buyer chooses to exercise the option. The seller receives a premium for selling.

Disclaimers:

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 suchstatements 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