BMO Europe High Dividend Covered Call Hedged to CAD ET (ZWE-T)

These covered-call ETFs have an underlying strategy of generating more income. What differentiates them is how much leverage is or isn't used. Doesn't know that for ZWE. He's never seen great returns outside North America and avoids foreign stocks. He prefers the hedge version.

The U.S. is often the leader in what's going on in the world. He would wait before investing in a European ETF.

If you like high-dividends with a covered call in Europe, this is a hold and buy on weakness. Most of the return comes from income, mostly international companies. It's tax efficient to get dividends with international exposure. A good diversifier. Likes it very much. ZWE is currency-hedged. 

There has been no growth for a number of years in Europe and this is not likely to change in the near term. Stick to the North American market for growth including dividends.

Right now, this is his preference. Going over the history of this ETF, the extreme was $1.50-1.60 CAD to euro. So anything above $1.50-1.55, you'd want to be hedged. Anything lower than $1.35-1.40, you want to be exposed to the foreign currency.

Recently we got back above $1.50. If it keeps going higher, that's fine. When you're hedging the CAD relative to Europe, their interest rates are lower than ours, and so you actually earn extra doing it.

Has been on the market for ~10 years. Average total return(annually) is 10%. Believes is a great product, and would recommend buying for the long term investor. Some of the best dividend companies are from Europe. Owns in portfolio. 

Covered call product reduces amount of capital gains. Good for defensive investors. Very reliable dividend yield. Excellent offering of companies covered in the ETF. 

Good option for Europe exposure. High dividends that look to be safe. Adds nice balance to portfolio. Would recommend buying. Nice covered call strategy as well. 

Likes exposure to Europe, of which many Canadians have minimal exposure. ZWE looks at the dividend yields of its holdings. Plus, it does some covered writing, which gives you income along the way in tradeoff for upside. Attractive yield, but consider also owning some European stocks on their own. Nice piece of diversification for your portfolio, good bit of income.

Great for investors looking for stable investment. Well diversified. Better option for investors versus one particular stock. 

Good for currency hedging. Would recommend for European exposure. 

In general, Europe is good value compared to US or NA markets. Lower PE and book value, higher dividend. This one has high dividend stocks, with covered call overlay. Up 11% YTD. Makes sense for cashflow. But ZWP, holding underlying securities, gives better total return. Yield is around 7.5%.

Good exposure for international oriented investors.
Idea of getting European exposure good.
Generally out of the money strategy.
MER = 0.71%.
Portfolio allocation depends on portfolio size.
Good for older investors looking for safe product.

International market presenting value.
All financial metrics are priced low in Europe.
High dividend exposure in ETF provides ~6% yield.
Good name to buy for long term.