BMO Global High Dividend Covered Call ETFZWG.TOHOLDJan 13, 2025Stock price when the opinion was issued
As of Jul 03, 2026. Market Open.
Definitely diversify globally outside Canada. Seeing pretty robust returns from EMs and international developed markets outside the US.
This ETF gives you the slightly higher yield, but the covered call strategy means you give up some upside. Another option is a global portfolio that has a dividend yield, such as XGD. You could buy a half position in each.
At this point, he'd rather have the global exposure than switching to a narrow US focus.