Description

The BMO US Put Write ETF is designed to deliver an alternative income stream by employing a strategy of selling put options on a diversified basket of prominent U.S. large-capitalization equities. The fund strategically issues short-dated, out-of-the-money put options, with selection based on an evaluation of favorable option premiums. Any capital not utilized for options is maintained in secure, highly liquid cash equivalents. Investors should be aware that the ETF may incur losses if the prices of the underlying stocks experience a substantial downturn during the option's term.