Despite several growing risks and ongoing volatility, opportunities persist. In this special episode, BMO Global Asset Management CIO Sadiq Adatia and your host, Mckenzie Box, make a case for global equities. They also discuss the value of an active approach and underscore the importance of asset allocation for long-term performance.

McKenzie Box is Vice President of Product Management and Strategy at BMO GAM. She is joined on the podcast by Sadiq S. Adatia, Chief Investment Officer (CIO) at BMO GAM. The episode was recorded live on Wednesday, July 24, 2024.

BGEQ, total returns as of 2024/06/28: 1 yr: 27.96%, SI: 29.74%

BMO Global Equity Fund - F, performance as of 2024/06/30: 1 mo: 2.25%, 3 mo: 5.29%, 6 mo: 20.98%, YTD: 20.98%, 1 yr: 27.88%, 2 yr: 23.32%, 3 yr: 11.69%, 5 yr: 12.50%, SI: 10.24%

BMO Global Innovators Fund - F, performance as of 2024/06/30: 1 mo: 4.97%, 3 mo: 4.72%, 6 mo: 23.46%, YTD: 23.46%, 1 yr: 35.01%, SI: 34.30%

Morningstar: BMO Global Equity Fund Active ETF Series, BMO Global Equity Fund - F, as of June 30, 2024

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. 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.

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Percentile rank is a standardized way of ranking items within a peer group, in this case, funds with the same Morningstar category. The observation with the largest numerical value is ranked one; the observation with the smallest numerical value is ranked 100. The remaining observations are placed equal distance from one another on the rating scale. Note that lower percentile ranks are generally more favorrable for returns (high returns), while higher percentile ranks are generally more favourable for risk measures (low risk). Percentile ranks within categories are most useful in those categories that have a large number of funds. For small universes, funds will be ranked at the highest percentage possible. For instance, if there are only two international hybrid funds with 10-year average total returns, Morningstar will assign a percentile rank of 1 to the top-performing fund, and the second fund will earn a percentile rank of 51 (indicating the fund underperformed 50% of the sample).

Morningstar quartile rankings show how well a fund has performed compared to all other funds in its peer group. Each fund within a peer group is ranked based on its performance, and these rankings are broken into quarters or quartiles. Within a group, the top 25% (or quarter) of the funds are in the first quartile, the next 25% are in the second quartile, the next group in the third quartile, and the bottom 25% of funds with the poorest relative performance are in the fourth quartile. The point in which half the funds had better performance and half had worse performance is the median. If 100 funds are being compared, there would be four quartiles of twenty-five funds each. The median would be the fiftieth fund.

For more details on the calculation of Morningstar star ratings or quartile rankings, click here.

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Podcast: The Case for Global Equities, Today - 24 juillet 2024