In this episode, special guest Valerie Grimba and your host, Danielle Neziol, take a deep dive into the Canadian equity market. They compare it to other regions, drill down on key currency questions, and discuss three main areas Canadians are investing their loonies, according to recent data.  

Danielle Neziol is Vice President of Direct Distribution at BMO Global Asset Management. She is joined on thepodcast by Valerie Grimba, Director, Global ETF Strategy at RBC Capital Markets. The episode was recorded live the week of September 19, 2025.

ETFs mentioned in the podcast:

• BMO S&P/TSX Capped Composite Index ETF (Ticker: ZCN)     
• BMO Low Volatility Canadian Equity ETF (Ticker: ZLB)
• BMO Money Market Fund ETF Series (Ticker: ZMMK)
• BMO Ultra Short-Term Bond ETF (Ticker: ZST)
• BMO Equal Weight Global Gold Index ETF (Ticker: ZGD)
• BMO Equal Weight Banks Index ETF (Ticker: ZEB)
• BMO S&P 500 Hedged to CAD Index ETF (Ticker: ZUE)
• BMO S&P 500 Index ETF (Ticker: ZSP)

ZCN, total returns as of 2025/08/31: 1 yr: 25.76%, 3yr: 17.40%, 5 yr 14.92%, 10 yr: 10.79%, SI: 9.06%

ZUE, total returns as of 2025/08/31: 1 yr: 13.77%, 3yr: 17.54%, 5 yr 13.12%, 10 yr: 12.86%, SI: 13.33%

ZSP, total returns as of 2025/08/31: 1 yr: 17.79%, 3yr: 20.93%, 5 yr 15.56%, 10 yr: 14.67%, SI: 17.46%

ZGD, total returns as of 2025/08/31: 1 yr: 88.03%, 3yr: 54.48%, 5 yr 16.31%, 10 yr: 19.37%, SI: 7.78%

Source for ETF Flows: National Bank Report, August 2025.

Gold is up 40% year-to-date, as of September 19, 2025.

TSX is up 19% year-to-date, as of September 19, 2025.

ADV: Average Daily Volume

Alpha: A measure of performance often considered the active return on an investment.

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