BMO CDN HIGH DIV COVERED CALL ETF (ZWC.TO)

A new product and is on the whole Canadian Index. Has a very high yield. Currently 6.2%. An attractive product.

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. This one has close to a 6% yield, not a bad way to play Canada.