BMO Canadian High Dividend Covered Call ETF ZWCCF

Primary Symbol: T.ZWC

The ETF seeks to provide exposure to the performance of a portfolio of dividend paying Canadian companies 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 dividend paying equity securities of Canadian companies. The selected companies will have the potential for long-term capital appreciation. Securities will be selected using a rules based methodology that considers dividend growth, yield, and payout ratio. Securities will also be subject to a screening process to ensure sufficient liquidity. Depending on market volatility and other factors, the ETF will write covered call options on these securities.

TSX:ZWC - Post by User

BMO Canadian High Dividend Covered Call ETF > increased dividend?

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Comment by Indicatoron Oct 01, 2022 12:49pm

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Post# 34999441

RE:increased dividend?

Bear market not over yet so I expect any prudent CEO of anything other than energy plays, will not be raising divvy at least until markets actually firm up.

Charts of Option ETF's ZWU, ZWC, ZWB all show they are not immune to considerable price slippage during market down turns. All of the above were cut by at least 1/3 during the pandemic plunge.

If you buy during a bottom black swan event, the charts show that is about the only time they could be considered care free long term investments. Buying now, well above pre-pandemic highs, still risks downside movement and loss of capital.

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A junior copper-gold stock trading at a bargain of monumental proportions