BMO Covered Call Utilities ETF T.ZWU

Alternate Symbol(s): BMMVF

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 RAWCOLTYon Jun 16, 2022 11:09am

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Post# 34761334

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

Everybody relax.... everyone is running to the hills. This a good stock to own right now, just make sure you are running a drip. Enjoy buying cheap shares and waiting this out. Try and time the market and you probably lose more money when you keep tring to find an entry point and will probably miss the one day swing up that comes so quickly.

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