BMO Canadian High Dividend Covered Call ETF | StockChase
4
BMO Canadian High Dividend Covered Call ETF (ZWC-T)

Last Price Recorded: $20.6400 on 2017-12-13

ON STOCKCHASE SINCE Mar 2017

E.T.F.'s
4
BMO Canadian High Dividend Covered Call ETF (ZWC-T)

Last Price Recorded: $20.6400 on 2017-12-13

ON STOCKCHASE SINCE Mar 2017

E.T.F.'s

BMO Canadian High Dividend Covered Call ETF


Signal Opinion Expert
COMMENT

The dividend paying stocks average about 4% in dividends.  The premium above that is coming from the covered call strategy and there is no return of capital in that model.  There are capital distributions from mergers and acquisitions only.  There is a high correlation to financials in Canada.  It is kind of like the weighting of the TSX.

E.T.F.'s

The dividend paying stocks average about 4% in dividends.  The premium above that is coming from the covered call strategy and there is no return of capital in that model.  There are capital distributions from mergers and acquisitions only.  There is a high correlation to financials in Canada.  It is kind of like the weighting of the TSX.

E.T.F.'s
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$20.630
Owned Owned
Unknown

COMMENT

BMO Canadian High Dividend Covered Call (ZWC-T) or BMO Canadian Dividend (ZDV-T) for a TFSA? This is a broad based diversified fund that writes covered calls against the securities in the fund. It gives you the dividends plus the premiums from the options on top of that. Interest rates are probably going higher, but doesn’t expect it to happen this year. Wouldn’t be surprised to see a couple of hikes next year. He would be inclined to go with this one, because you’re getting 2 sources of income. You could actually own both and be fine.

E.T.F.'s

BMO Canadian High Dividend Covered Call (ZWC-T) or BMO Canadian Dividend (ZDV-T) for a TFSA? This is a broad based diversified fund that writes covered calls against the securities in the fund. It gives you the dividends plus the premiums from the options on top of that. Interest rates are probably going higher, but doesn’t expect it to happen this year. Wouldn’t be surprised to see a couple of hikes next year. He would be inclined to go with this one, because you’re getting 2 sources of income. You could actually own both and be fine.

E.T.F.'s
Richard Croft

President, R.N. Croft Financial...

PricePrice
$19.540
Owned Owned
Unknown

COMMENT

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

E.T.F.'s

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

E.T.F.'s
John Hood

President & Portfolio Manager, J. C Hood Investment...

PricePrice
$19.820
Owned Owned
Unknown

BUY

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.

E.T.F.'s

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.

E.T.F.'s
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$20.020
Owned Owned
Yes

Showing 1 to 4 of 4 entries

No Comments.


You must be logged in to comment.

Successfully Saved Company