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BMO Covered Call Canadian Banks ETF T.ZWB

Alternate Symbol(s):  BMDLF | T.ZWB.U

The ETF seeks to provide exposure to the performance of a portfolio of Canadian banks to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options. To achieve investment objective the ETF will primarily invest in and hold the securities of Canadian banks, ETFs, or a combination of these. Depending on market volatility and other factors, the ETF will write covered call options on these securities. Under such call options, the ETF will sell to the buyer of the option, for a premium, either a right to buy the security from the ETF at an exercise price or, if the option is cash settled, the right to a payment from the ETF equal to the difference between the value of the security and the exercise price.


TSX:ZWB - Post by User

Comment by AnalogueManon Feb 10, 2022 12:28am
502 Views
Post# 34415298

RE:RE:RE:RE:Bought more today.....

RE:RE:RE:RE:Bought more today.....I think there miut have been confusion ...
A friend, been trading a long time, swore ZWB.TO was paying 5% MONTLY div.
Sold some good stocks to get in a few days ago ........ Wot the ?
5% "monthly" must have be spread around as the price jumpd on the 7th
BUT headed south today ..........  ??? when div found to be NOT 5% monthy   ????
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