This summary was created by AI, based on 3 opinions in the last 12 months.
The BMO CDN HIGH DIV COVERED CALL ETF (ZWC-T) is a defensive investment option with stable companies, relatively good yield, and safety with a defensive orientation. It holds big Canadian banks, Enbridge, BCE, and Manulife, and pays high-paying dividend stocks at a reasonable management expense ratio. It is recommended for defensive investors and for a balanced portfolio.
Defensive product with relatively good yield. Good option for Canadian oriented investors. Provides safety with defensive orientation. Good for a balanced portfolio.
Hold the big Canadian banks, Enbridge, BCE and Manulife. But the option premiums on these stocks is small. So, you're selling some of the upside potential, but not getting downside potential. But this pays you high-paying dividend stocks at a 0.72% MER.
Covered calls give you a boost in the distribution. Not a bad strategy when market is flat or slightly negative. If market continues to go higher, you're better off owning the underlying securities. Consider XEI instead, no covered call. Owns the securities outright, and so you won't get as high a dividend, but you might get more performance. In last 6 months, XEI returned17-18%, whereas ZWC returned 10.68%.
BMO CDN HIGH DIV COVERED CALL ETF is a Canadian stock, trading under the symbol ZWC-T on the Toronto Stock Exchange (ZWC-CT). It is usually referred to as TSX:ZWC or ZWC-T
In the last year, 3 stock analysts published opinions about ZWC-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO CDN HIGH DIV COVERED CALL ETF.
BMO CDN HIGH DIV COVERED CALL ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for BMO CDN HIGH DIV COVERED CALL ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered BMO CDN HIGH DIV COVERED CALL ETF In the last year. It is a trending stock that is worth watching.
On 2024-03-28, BMO CDN HIGH DIV COVERED CALL ETF (ZWC-T) stock closed at a price of $17.45.
Defensive name with stable companies. Would recommend for defensive investors. Would recommend product mixed with exposure to Europe and USA.