Viewing Company BMO Europe High Dividend Covered Call Hedged to CAD ET | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

BMO Europe High Dividend Covered Call Hedged to CAD ET Stock Symbol: ZWE-T

Last Price Recorded: $22.3500 on 2017-06-22

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2017-06-08 COMMENT John DeGoey

With elections in Europe, what would be the outcome on this ETF? If you are a contrarian and you have some ability to withstand the risk of buying on a dip, he doesn’t believe the world is going to end, and he doesn’t think this is going to be a problematic thing for a very long time. If things take a pullback in the next day or 2, it may be an opportunity to get in.


Price:
$22.290
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2017-05-29 COMMENT Larry Berman CFA, CMT, CTA

[In a non-registered account]  The dividend stream coming off a foreign stream is fully taxed.  In registered accounts you can hold foreign holdings that would otherwise be fully taxed. 


Price:
$22.560
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2017-05-15 BUY Larry Berman CFA, CMT, CTA

This is the way he is holding Europe in his global dividend strategy. A great way to get a 6%-7% yield out of Europe. The yield has gone down, because the price is gone up significantly over the last year, but it is still a great diversifier away from North American equities.


Price:
$22.630
Subject:
STOCKS & ETFs
Bias:
CAUTIOUS
Owned:
Yes
2017-05-11 TOP PICK John Hood

A play on Europe where he does not have to worry about the Euro or the Pound.


Price:
$22.540
Subject:
OPTIONS & ETFs
Bias:
BULLISH on US MARKET
Owned:
No
2017-05-08 BUY Larry Berman CFA, CMT, CTA

There is always foreign tax withholdings.  You need to focus on the diversification of being in other parts of the world.  The benefits you get from diversification globally override tax considerations.  It has been a pretty clear ride up and is his favourite way to play Europe.


Price:
$22.370
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2017-04-24 COMMENT Larry Berman CFA, CMT, CTA

Europe covered call.  Its biggest weighting is France and it sold off in recent weeks and then today is on new highs.  This is the safeness way to play Europe.


Price:
$22.060
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
2017-04-17 COMMENT John DeGoey

BMO Europe High Dividend Covered Call hedged to CAD (ZWE-T) or BMO MSCI Europe High Quality (ZEQ-T)? This one is basically a value screen, or alternatively you can go for a quality that is similar, but not exactly the same through ZEQ. Either way, you are looking at factor investing. He doesn’t find a lot to choose between the 2. Either would do well for you.


Price:
$21.850
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2017-04-03 BUY Larry Berman CFA, CMT, CTA

A diversified basket of high dividend covered calls are something he likes.  He would consider adding ZWC-T.  If we go into a 20% bear market then an ETF like these will only fall about 80% of the downside of the market in general.  Also, look at ZWU-T in a recession.


Price:
$21.710
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2017-03-29 COMMENT Daniel Straus

Covered calls.  You can miss some upside if stocks run up a lot.  They are valuable when the market becomes volatile.  If you need yield as opposed to price appreciation, then this is good.  6.7% yield.


Price:
$21.600
Subject:
ETF's
Bias:
BULL on GLOBAL GROWTH
Owned:
Unknown
2017-03-27 DON'T BUY Larry Berman CFA, CMT, CTA

It is a broad, European, covered call strategy.  It could easily fall 10-15% minimum.  Don’t put new money to work here now.  Europe overall is pretty cheap, however. 


Price:
$21.600
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2017-03-20 BUY Larry Berman CFA, CMT, CTA

BMO high dividend or BMO Europe high dividend? He loves these and uses them in his fund. When you want to play defence, a high dividend concentration in stocks, tend to have lower downside risk. If you do this with a Covered Call, you get an enhancement on your yield.


Price:
$21.590
Subject:
STOCKS & ETFs
Bias:
UNKNOWN
Owned:
Yes
2017-02-27 COMMENT Mike S. Newton, CIM FCSI

Likes the European space and has been cautiously moving into it. There are a lot of events on the horizon. The covered call writing gives this about a 6.75% yield. He would be more inclined to go directly without having a covered call strategy on top. You would probably get more torque and upside here by not using the covered call strategy. Not using covered calls brings down the costs.


Price:
$21.330
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2017-02-23 COMMENT John DeGoey

He likes this because it has 2 things that he is always telling people to do. 1) Invest outside of Canada, and 2) anything that has a dividend bent to it is pretty much, as a by-product, going to be a value kind of tilt. This basically gives you European large cap value stocks, which is a good and reasonably conservative way to diversify your portfolio.


Price:
$21.360
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2017-02-13 BUY Larry Berman CFA, CMT, CTA

European Market. He plays it with ZWE-T. It has high dividends and a covered call strategy with a currency hedge.  6-7% yield.  For the next 5 years that would be pretty good for Europe.  It is the more conservative way to go.


Price:
$21.310
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2016-10-31 BUY Larry Berman CFA, CMT, CTA

Comment on an ETF Basket of ZWE-T, ZDH-T and ZWH-T.  ZWE-T is high dividend Euro stocks with a covered call.  A defensive way to play Europe.  ZDH-T is hedged.  ZWH-T is international High Dividend US, non-hedged.  He likes them all and owns them in his funds.


Price:
$19.820
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 15 of 40 entries
<< < 1 2 3 > >>

2 Comments

GerryT1

October 26th 2015 at 7:25pm

Interesting potential opportunity but I wonder:
1 - Are they writing covered calls on a large percentage of the companies in the ETF.
2 - Do they use leverage or not.
3 - Does the monthly distribution include a large percent of "Return Of Capital"

Hans Albrecht

August 26th 2016 at 4:19pm

Horizons Enhanced Income International Equity covered call ETF (HEJ) to July 31 is up 5.2% versus 0.70% for ZWE, with volatility of 15.9% versus 17.8% for ZWE. And with a better div yield of 8.3% versus 6.6%. But it is more 'worldy' than just Europe, with exposure to S.America and Asia as well as Europe.
Full disclosure: I work for Horizons


You must be logged in to comment.