Stock price when the opinion was issued
The caller's question was on which of these ETF's to buy for a start-up portfolio for his 20-year-old daughter. He prefers more sectors to be covered in this situation so he suggested XEI. There are more multi-asset solutions as well. He also suggested lowering the risk tolerance for a beginner investor.
Basket of Canadian banks, equal weight, no covered call. One-year return is 13.3%. Whereas the ZWB, which applies a covered call strategy, has a one-year return of 9.1%