Canadian ETFs: More than 30 funds land in May, includes inverse strategies

After three months of market turmoil, the Wall Street adage of “Sell in May and go away” was defied by possibly the best monthly performance for the S&P 500 index with a 6-per-cent return.

The Federal Reserve unanimously chose to keep the benchmark rate unchanged, but warned of risk to higher inflation and higher unemployment as it continues to navigate the tariff shock.

Bitcoin appears to be following gold as an asset that is part speculative and part store of value. The token reached new heights with prices climbing as high as US$112,000.

According to Morningstar’s Best-Performing ETFs report, BMO Equal Weight Global Base Metals Hedged to CAD Index ETF (ZMT-T) was the best performing Canadian ETF with a price appreciation of 13.2…

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