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BMO Covered Call Canadian Banks ETF TSX: ZWB-T

Today's Change
Volume
Real-Time Last Update TSXLast Sale Real-Time

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Overview

Name
Fund Family
Underlying Index
Inception Date
Exchange

Description

The BMO Covered Call Canadian Banks ETF has been designed to provide exposure to a portfolio of Canadian banks while earning call option premiums. The Fund invests in securities of Canadian banks, and dynamically writes covered call options. The call options are written out of the money and selected based on analyzing the option's implied volatility. The option premium provides limited downside protection. The underlying portfolio is rebalanced and reconstituted semi-annually in June and December, and options are rolled forward upon expiry. In addition, as ZWB is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.

Investment Information

Managed Assets, $K
Shares Outstanding, K
Asset Class
60-Month Beta
Net Asset Value
Management Fee
Most Recent Dividend
Dividend Date
Dividend Yield
Has Options
20-Day Average Volume
52-Week Range Low price17.45 - High price21.95
YTD Return %
1-Year %Chg
3-Year %Chg
5-Year %Chg

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All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2021.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).

Fundamentals information provided by Fundata Canada Inc.

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