BMO GLOBAL HIGH DIVID CVRD CALL ETF CAD UNITSBMO GLOBAL HIGH DIVID CVRD CALL ETF CAD UNITSBMO GLOBAL HIGH DIVID CVRD CALL ETF CAD UNITS

BMO GLOBAL HIGH DIVID CVRD CALL ETF CAD UNITS

No trades
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Key stats


Assets under management (AUM)
‪262.90 M‬CAD
Fund flows (1Y)
‪16.67 M‬CAD
Dividend yield (indicated)
6.78%
Discount/Premium to NAV
0.2%
Shares outstanding
‪8.50 M‬
Expense ratio
0.82%

About BMO GLOBAL HIGH DIVID CVRD CALL ETF CAD UNITS


Brand
BMO
Home page
Inception date
Jan 16, 2020
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
The fund combines a dividend strategy with a covered call options overlay. Its underlying portfolio holds high yielding global 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
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Health Technology
Consumer Non-Durables
Technology Services
Stock breakdown by region
1%77%17%3%
Top 10 holdings
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
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to ZWG via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZWG trades at 30.52 CAD today, its price has fallen −1.10% in the past 24 hours. Track more dynamics on ZWG price chart.
ZWG net asset value is 30.84 today — it's risen 6.10% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZWG assets under management is ‪262.90 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZWG price has risen by 3.10% over the last month, and its yearly performance shows a −0.59% decrease. See more dynamics on ZWG price chart.
NAV returns, another gauge of an ETF dynamics, showed a −5.48% decrease in three-month performance and has increased by 7.72% in a year.
ZWG fund flows account for ‪16.67 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZWG invests in stocks. See more details in our Analysis section.
ZWG expense ratio is 0.82%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ZWG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ZWG technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZWG shows the sell signal. See more of ZWG technicals for a more comprehensive analysis.
Yes, ZWG pays dividends to its holders with the dividend yield of 6.78%.
ZWG trades at a premium (0.20%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZWG shares are issued by Bank of Montreal
ZWG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 16, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.