Stock price when the opinion was issued
Likes it. A little more restricted than the ZWH, and the yield is about 1.5% lower than that one. Might be better for growth instead of income.
His least favourite BMO ETF, terrible way to get exposure to US equities. Not because it's BMO or because of the structure, but because it's the Dow. DJIA is weighted by the size of a company's stock, so higher prices get more weight than lower. Terrible index.
He'd much prefer an ETF that's in the S&P 500 or an equal-weight US market exposure.
(A Top Pick May 18/18, Up 5%) Covered call adds yield when the market goes sideways, as it usually does in the summer. You don’t have to time the market, you just participate and take down portfolio risk.