They are both identical. ZWP is not currency hedged. ZWE will hedge those currencies. Right now, he would want more exposure to a strengthening Euro than the CAD.
He would prefer to have more exposure to the Euro so he would go with ZWP. However, both are good choices right now.
He would prefer to have more exposure to the Euro so he would go with ZWP. However, both are good choices right now.
The difference between ZWE and ZWP is the currency hedge. If you think the CAD will do worse than European currencies, then you want a ZWP. If you think the CAD will strengthen against these currencies, get ZWE. He recently swapped into ZWP since he wants foreign currency exposure.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A good fund for those looking for European exposure. There, the valuation is cheaper than in North America. A bet on a global growth recovery. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A good fund for those looking for European exposure. There, the valuation is cheaper than in North America. A bet on a global growth recovery. Unlock Premium - Try 5i Free
He owns both. Timing is the question. The hedge between the foreign currency and the Canadian dollar. Looking at the Euro-Canadian exchange rate, below 1.50 Euro-Cad, you want exposure to ZWP. Over 1.60, you want ZWE. He is wanting more exposure to the Euro and the British pound, so he is moving towards ZWP.
He owns both. Timing is the question. The hedge between the foreign currency and the Canadian dollar. Looking at the Euro-Canadian exchange rate, below 1.50 Euro-Cad, you want exposure to ZWP. Over 1.60, you want ZWE. He is wanting more exposure to the Euro and the British pound, so he is moving towards ZWP.
In general, the dividend is stable in the current situation. Because volatility is increasing, the covered call is increasing yield. It is one of his favourite ways to play international dividends. ZWP would be for the short term when you want exposure to the currency.
In general, the dividend is stable in the current situation. Because volatility is increasing, the covered call is increasing yield. It is one of his favourite ways to play international dividends. ZWP would be for the short term when you want exposure to the currency.
A play on high dividend players with a covered call in Europe. ZWP has exposure to the Euro while ZWE does not. One of the holding is SWP, which is the German stock that took a beating today. Dips are good to buy and for now, he prefers ZWP for the foreign currency exposure.
Great dividend payers, focused in UK, Germany and Switzerland. ZWE has an additional forward contract that hedges the canadian dollar to the pound, euro and swiss franc. He prefers ZWE for the currency hedge.
BMO Europe High Dividend Covered Call Hedged to CAD ET is a Canadian stock, trading under the symbol ZWE-T on the Toronto Stock Exchange (ZWE-CT). It is usually referred to as TSX:ZWE or ZWE-T
In the last year, 10 stock analysts published opinions about ZWE-T. 7 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO Europe High Dividend Covered Call Hedged to CAD ET.
BMO Europe High Dividend Covered Call Hedged to CAD ET was recommended as a Top Pick by Larry Berman CFA, CMT, CTA on 2021-04-12. Read the latest stock experts ratings for BMO Europe High Dividend Covered Call Hedged to CAD ET.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
10 stock analysts on Stockchase covered BMO Europe High Dividend Covered Call Hedged to CAD ET In the last year. It is a trending stock that is worth watching.
On 2021-04-13, BMO Europe High Dividend Covered Call Hedged to CAD ET (ZWE-T) stock closed at a price of $19.05.