FMP
BMO US High Dividend Covered Call ETF
ZWH.TO
TSX
The fund combines a dividend strategy with a covered call options overlay. Its underlying portfolio holds high yielding U.S. dividend equities that are screened for dividend payout sustainability and positive 3-year dividend growth. Underlying portfolio securities are selected and weighted by dividend yield. The fund holds underlying stock positions on this portfolio and writes call options out of the money. The call options, which are either exchange-traded or over-the-counter, are selected based on the option's implied volatility. The funds strategy enables investors to earn call option premiums, which provide limited downside protection.
24.17 CAD
0.2 (0.827%)
About
ceo
N/A
sector
Financial Services
industry
Asset Management
website
N/A
exchange
TSX
Description
The fund combines a dividend strategy with a covered call options overlay. Its underlying portfolio holds high yielding U.S. dividend equities that are screened for dividend payout sustainability and positive 3-year dividend growth. Underlying portfolio securities are selected and weighted by dividend yield. The fund holds underlying stock positions on this portfolio and writes call options out of the money. The call options, which are either exchange-traded or over-the-counter, are selected based on the option's implied volatility. The funds strategy enables investors to earn call option premiums, which provide limited downside protection.
CIK
N/A
ISIN
CA05579F1062
CUSIP
N/A
Address
N/A
Phone
NA
Country
CA
Employee
N/A
IPO Date
Feb 14, 2014
Key Executives
