Larry Berman CFA, CMT, CTA BMO International Dividend Hedged to CAD ETF ZDH-T COMMENT Jun 14, 2021

Hedged international dividend ETF. Not all ETFs take off in the market place so this one does not have a lot of assets at present. When investing internationally, the most important factor in returns is currency. He thinks it will take off.

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.

He advocates ZWE-T because it has the covered call strategy. Either one is good late cycle to play dividend payers. But you are not immune to the cycle. It would not be a bad holding.

He prefers ZDI-T at this point, but you are at the high end of the range so he is not that excited about adding new money at this time. He prefers ZWP-T or ZWE-T for a covered call at the moment.