BMO Segregated Funds Monthly Update - Oct 18, 2021

Submitted by Rica Zara on October 19, 2021 - 9:43am

Please find in this October edition of the BMO Segregated Funds Monthly update:

Review of This Week in the Markets from BMO GAM
BMO GIF Performance Summary – September 30^th , 2021
Check out the BMO Monthly MAST Commentary
Do you have conservative clients looking for guarantees with the ability to lock in gains ? How about 22 resets in the last 57 months? See attached BMO GIF 100 100 Maturity Monthly Reset Charts Q3 2021

Please find the latest version of This Week in the Markets.

The S&P 500 Index rose 1.8%. Inflation fears abated while corporate earnings got off to a strong start, boosting risk assets. Technology stocks saw its strongest rally after a difficult September and contributed the most to gains, while Financials also had a strong week as banks posted record investment banking profits.
The S&P/TSX Index surged 2.5%. Resource prices helped lift the broad index as oil prices (WTI Crude) reached its highest level since 2014, crossing $80/barrel. Every sector was positive, while bank stocks tracked their U.S. counterparts higher despite a retreat in longer-term rates.
Europe’s STOXX 600 gained 2.7%, Japan’s Nikkei 225 Index soared 3.6%, and China’s CSI 300 Index returned a modest 0.3%.