Since the market crash in the spring 2020, equity indexes have recovered to record highs. However, the gains have been concentrated in “new economy” companies, leaving banks, energy and REITs trailing behind. As the year-end approaches, Danielle Neziol and Alfred Lee outline Tax-Loss Harvesting strategies to leverage on these underperforming sectors, which can help offset taxes payable on the more successful parts of the portfolio.
Danielle Neziol is a Product Specialist at BMO Global Asset Management. She is joined on the podcast by Alfred Lee, an ETF Specialist and Portfolio Manager specializing in equities and derivatives strategies.
Resources mentioned in the podcast:
Tax-Loss Harvesting: Start Early, Add Value
ETFs mentioned in the podcast:
BMO Equal Weight Banks Index ETF (Ticker: ZEB)
BMO Equal Weight US Banks Index ETF (Ticker: ZBK)
BMO Equal Weight Oil & Gas Index ETF (Ticker: ZEO)
BMO Equal Weight REITs Index ETF (Ticker: ZRE)
Disclosures:
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