BMO Covered Call Utilities ETF BMMVF

Primary Symbol: T.ZWU

The ETF seeks to provide exposure to the performance of a portfolio of utilities companies to generate income and to provide long-term capital appreciation. To achieve investment objective the ETF will primarily invest in and hold the equity securities of Canadian companies widely recognized as utilities companies, which may also include telecommunication and pipeline companies, and use derivative instruments to hedge U.S. dollar securities back to the Canadian dollar. 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:ZWU - Post by User

BMO Covered Call Utilities ETF > this stock is a bust should not be trading down here

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Comment by ALTELon Jun 15, 2022 3:33pm

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Post# 34759187

RE:this stock is a bust should not be trading down here

armordeck wrote: ARE THEY GOING BROKE IF SO WE SHOULD SELL

Who’s going broke?

The biggest Pipeline/Utility/Telecom companies in Canada?... PLEASE

This is one the best ETF’s you can buy after a market correction

Bot in today @$12.51

If it falls further I will buy more

Now just sit back and collect the 7.6% divi … plus the Dividend Tax Credit

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From now on, dynaCERT instead of Bitcoin or NVIDIA?