BMO Europe High Dividend Covered Call ETF (ZWP.TO) TSX
Currency In CAD
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In CAD
Address
100 King St. West, 43rd Floor
Toronto, ON M5X 1A1
Canada
Phone
1-800-361-1392
Sector
Financial Services
Industry
Asset Management - Income
Employees
N/A
First IPO Date
March 07, 2018
This ETF aims to provide investors with access to a dividend-centric portfolio of European equities, concurrently generating income through a covered call strategy. The underlying holdings are weighted by their yield and boast broad sectoral diversification. Its investment selection follows a rigorous, rules-based methodology, assessing factors such as dividend growth rates, current yield percentages, payout ratios, and market liquidity. Furthermore, the fund proactively employs a dynamic covered call overlay. These options are strategically written 'out of the money' and selected based on the attractive premiums they offer, providing a limited measure of downside protection.