Description

BMO Global Enhanced Income Fund ETF Series is a professionally constructed all-in-one Asset Allocation solution that provides instant diversification consisting of a basket of Enhanced Income ETFs. The Fund predominately uses BMO Covered Call ETFs that dynamically write 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. In addition, ZWQT is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds