Q: Pat, I am 75 years old and have a million-dollar-plus investment portfolio, mainly in blue chip, dividend-paying stocks. I recently bought some of the BMO International Dividend ETF. Could you give me your opinion on this ETF? Note—I’ve been an Inner Circle member for years.

A: BMO International Dividend ETF, $19.67, symbol ZDI on Toronto (Units outstanding: 22.2 million; Market cap: $440.6 million; www.bmo.com), offers exposure to a portfolio of high-yield dividend-paying companies in developed market. The fund excludes North American firms, but can include foreign ADRs trading on U.S…. Read More

Pass on this ETF: BMO COVERED CALL UTILITIES ETF

BMO COVERED CALL UTILITIES ETF $12.37 (Toronto symbol ZWU) invests in Canadian and U.S. utility, pipeline, and telecommunications companies with what it sees as steady revenue streams; it also sells call options to enhance the yield on the portfolio.
The ETF, launched in October 2010, currently holds $1.0… Read More

Canadian sector funds: 1 buy, 1 hold

Last month we recommended some international ETFs—but at the same time, we noted that Canadian investors often have a bias for investing in their home markets. And we agree with that bias—we still recommend that most Canadians hold the bulk of their portfolios in Canadian… Read More

Q: Pat, what do you think of me holding the BMO Low Volatility Canadian Equity ETF to lower the overall volatility of my portfolio? Thanks.

A: The BMO Low Volatility Canadian Equity ETF, $33.51, symbol ZLB on Toronto (Units outstanding: 72.8 million; Market cap: $2.4 billion;
www.etfs.bmo.com), provides exposure to a low beta-weighted portfolio of Canadian stocks. The aim is to reduce your exposure to market volatility.
The ETF selects 40 or… Read More

Three financial ETFs—but just one is a buy

Banks and other financial services firms suffered in early 2020 as the pandemic took hold. But most have since bounced back. Meanwhile, once COVID-19 eventually subsides and economic activity strengthens, the best of these stocks should be strong performers. That’s all the more so because… Read More

ETFs keep attracting record inflows

In 2020, ETFs continued to attract new money at a rapid pace, with almost $33 billion in inflows through the end of November. That should lead to a record year of inflows, beating the previous record of $30 billion set in 2019.
Canada now has 39… Read More

Q: Pat, the bulk of my investments are in North America. I am looking at Europe and thought that an ETF holding solid blue chips would be best for me. As I also require income, I came across ZWP, which pays a very good dividend and holds high-quality companies. Do you think that this would be a good ETF at this time? Thanks.

A: BMO Europe High Dividend Covered Call ETF, $16.40, symbol ZWP on Toronto (Units outstanding: 63.6 million; Market cap: $1.0 billion; www.bmo.com/gam), invests in a dividend-focused portfolio of European stocks.
The fund started up in March 2018. Its MER is a relatively high 0.71%.
Its top holdings… Read More