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Pure physical gold exposure with no counterparty risk
- Premier hedge against medium- to long-term inflation risk as government spending rises into 2026–2027
- Direct beneficiary of ongoing central-bank diversification away from the U.S. dollar — a structural trend with at least another year to run
- Essential portfolio diversifier in an environment where traditional fixed income may no longer provide the same protection
2. ZWGD – BMO Gold Bullion Covered Call Spread ETF (newer product)
Physical gold + attractive income + retained upside participation
- Generates ~5% annualized yield while still holding physical gold — solves the classic “gold pays nothing” problem
- Uses an actively managed call-spread strategy (sells near strike, buys back far OTM strike) so investors keep participating once gold moves meaningfully higher (target still $4,500+)
- Same downside exposure as owning gold outright, but harvests elevated gold volatility for income in consolidation or slow-grind-higher periods
3. ZGI – BMO Global Infrastructure Index ETF
The global fiscal-stimulus / re-shoring / aging-infrastructure play
- Direct beneficiary of massive government spending worldwide that is replacing fading global trade as the primary growth driver
- Owns monopolistic assets with inelastic demand (pipelines, power grids, towers, electrification) — built-in pricing power in an inflationary world
- Strong exposure to both Canadian leaders (Enbridge, TC Energy) and U.S. giants (American Tower, Williams) while remaining ~70% U.S.-weighted overall; positioned for multi-year growth as developed-market infrastructure is rebuilt
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DISCLAIMERS: This text AI generated, human edited. The information provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice. The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions.
