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BMO CDN HIGH DIVID COVD CALL ETF CAD UNITSBB

BMO CDN HIGH DIVID COVD CALL ETF CAD UNITS

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Overview
Analysis Holdings Discussions Technicals Seasonals

ZWC chart


Full chart

Key stats


Assets under management (AUM)
‪1.58 B‬ CAD
Fund flows (1Y)
‪−81.90 M‬ CAD
Dividend yield (indicated)
6.81%
Discount/Premium to NAV
−0.05%
Shares outstanding
‪90.11 M‬
Expense ratio
0.92%

About BMO CDN HIGH DIVID COVD CALL ETF CAD UNITS


Issuer
BANK OF MONTREAL
Brand
BMO
Home page
bmogam.com
Inception date
Feb 9, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Eligible dividends
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
The fund combines a dividend strategy with a covered call options overlay. Its underlying portfolio holds high yielding Canadian 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.

Classification


Asset Class
Equity
Category
High dividend yield
Focus
High dividend yield
Niche
Broad-based
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary

ZWC analysis


What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Utilities
Stock breakdown by region
100%

Technicals


Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.