Key stats
About BMO COVERED CALL SPREAD GOLD BULLIO UNITS CAD
Home page
Inception date
May 21, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
BMO Asset Management, Inc.
The fund aims for long-term capital appreciation by providing exposure to the price of gold bullion. Through a fund-of-fund structure, the fund invests directly or indirectly in long-term holdings of unencumbered gold bullion. The underlying fund holds physical gold bullion in a Toronto vault under BMOs custody. The fund seeks premiums through a covered call spread strategy in which a call option spread is implemented on 50% of the portfolio. The fund sells a call option with a lower strike price and buying a call option with a higher strike price to maintain its long exposure to gold bullion price. The options will be out-of-the-money with 1-2 months to expiry, and both options will have the same expiry date. Investors should take currency fluctuations into consideration.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.87%
Cash0.30%
Rights & Warrants−0.17%
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
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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.
ZWGD trades at 30.23 CAD today, its price has risen 1.44% in the past 24 hours. Track more dynamics on ZWGD price chart.
ZWGD net asset value is 30.28 today — it's risen 1.19% 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.
ZWGD assets under management is 2.99 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.
ZWGD fund flows account for 1.51 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.
ZWGD invests in funds. See more details in our Analysis section.
No, ZWGD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, ZWGD doesn't pay dividends to its holders.
ZWGD trades at a premium (0.26%).
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.
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.
ZWGD shares are issued by Bank of Montreal
ZWGD 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 May 21, 2025.
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.