BMO COVERED CALL CANADIAN BANKS ETF $17.30 (Toronto symbol ZWB) holds shares of Canada’s six largest banks (CIBC, TD Bank, Bank of Montreal, Bank of Nova Scotia, Royal Bank and National Bank).
The fund started up in January 2011. Its MER is a relatively high 0.71%.
BMO Canadian High Dividend Covered… Read More

A: The CI First Asset Gold+ Giants Covered Call ETF, $9.59, symbol CGXF on Toronto (Units outstanding: 13.3 million; Market cap: $127.5 million; www.firstasset.com), holds an equal-weighted portfolio of the 15 largest gold and precious-metal companies as measured by market capitalization. Each is listed on… Read More

With the goal of tapping into the popularity of high-yield investments, RBC recently launched an ETF that invests in Canadian dividend-paying companies—but with a covered call strategy. Meanwhile, we also look at an ETF focused on using leverage in bull markets but switching to short… Read More

High-yielding ETFs have appeal for income-seeking investors. The income they provide can also provide a buffer in declining markets. However, you need to look closely at the strategies that let those ETFs pay their high yields—and whether they are worth the risks.
Below we look at… Read More

BMO COVERED CALL CANADIAN BANKS ETF $23.26 (Toronto symbol ZWB) holds shares of Canada’s six largest banks (CIBC, TD Bank, Bank of Montreal, Bank of Nova Scotia, Royal Bank and National Bank).
The fund started up in January 2011. Its MER is a relatively high 0.72%.
BMO Canadian High Dividend Covered… Read More

BMO COVERED CALL CANADIAN BANKS ETF $20.73 (Toronto symbol ZWB) holds shares of Canada’s six largest banks (CIBC, TD Bank, Bank of Montreal, Bank of Nova Scotia, Royal Bank and National Bank) either directly or through units of the BMO Equal Weight Banks Index ETF.
The… Read More

A: BMO Canadian High Dividend Covered Call ETF, $18.26, symbol ZWC on Toronto (Units outstanding: 63.4 million; Market cap: $1.2 billion; www.bmo.com/gam/ca/investor/products/etfs), focuses on mostly high-quality Canadian stocks. Its top holdings are CIBC at 5.2%; Enbridge, 5.1%; Canadian National Railway, 5.1%; BCE, 5.1%; Royal Bank,… Read More

BMO Canadian High Dividend Covered Call ETF $17.80 (Toronto symbol ZWC) holds mostly high-quality Canadian stocks. The ETF, launched in February 2017, holds $985.2 million of assets, and has a MER of 0.72%. The fund has 75 stocks. Current top holdings include TD Bank, Royal… Read More