Key stats
About BMO GLOBAL HIGH DIVID CVRD CALL ETF UNIT CAD
Expense ratio
0.82%
Home page
Inception date
Jan 16, 2020
The fund combines a dividend strategy with a covered call options overlay. Its underlying portfolio holds high yielding global dividend equities that are screened for dividend payout sustainability and positive 3-year dividend growth. Underlying portfolio securities are selected and weighted by dividend yield. The fund holds underlying stock positions on this portfolio and writes call options out of the money. The call options, which are either exchange-traded or over-the-counter, are selected based on the option's implied volatility. The funds strategy enables investors to earn call option premiums, which provide limited downside protection.
Classification
What's in the fund
Exposure type
Finance
Electronic Technology
Health Technology
Technology Services
Stock breakdown by region
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