Key stats
About BMO GLOBAL HIGH DIVID CVRD CALL ETF CAD UNITS
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Inception date
Jan 16, 2020
Structure
Canadian Mutual Fund Trust (ON)
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Health Technology
Consumer Non-Durables
Technology Services
Stocks99.56%
Finance21.24%
Electronic Technology14.61%
Health Technology12.96%
Consumer Non-Durables11.10%
Technology Services10.61%
Energy Minerals7.01%
Consumer Services4.71%
Communications4.36%
Retail Trade3.85%
Non-Energy Minerals2.98%
Transportation2.39%
Producer Manufacturing1.80%
Consumer Durables1.58%
Bonds, Cash & Other0.44%
Cash0.80%
Miscellaneous−0.06%
Rights & Warrants−0.31%
Stock breakdown by region
North America77.59%
Europe17.84%
Asia3.14%
Oceania1.43%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZWG invests in stocks. The fund's major sectors are Finance, with 21.31% stocks, and Electronic Technology, with 14.66% of the basket. The assets are mostly located in the North America region.
ZWG top holdings are Coca-Cola Company and Microsoft Corporation, occupying 4.39% and 4.16% of the portfolio correspondingly.
ZWG last dividends amounted to 0.18 CAD. The month before, the issuer paid 0.18 CAD in dividends,
ZWG assets under management is 262.90 M CAD. It's risen 4.58% over the last month.
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.
Yes, ZWG pays dividends to its holders with the dividend yield of 6.78%. The last dividend (May 2, 2025) amounted to 0.17 CAD. The dividends are paid monthly.
ZWG shares are issued by Bank of Montreal under the brand BMO. The ETF was launched on Jan 16, 2020, and its management style is Active.
ZWG expense ratio is 0.82% meaning you'd have to pay 0.82% of your investment to help manage the fund.
ZWG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ZWG invests in stocks.
ZWG price has risen by 2.97% 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.
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 trades at a premium (0.20%) meaning the ETF is trading at a higher price than the calculated NAV.