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BMO Covered Call US Banks ETF T.ZWK

The ETF seeks to provide exposure to the performance of a portfolio of U.S. banks to generate income and provide long-term capital appreciation while mitigating downside risk through the use of covered call options The ETF will primarily invest in and hold the equity securities of U.S. banks. 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:ZWK - Post by User

Post by rabnudon Dec 16, 2023 2:44pm
172 Views
Post# 35788358

ZWK

ZWK the best stock I have ever owned pays 10.5 %  and has gone up over $2 in last 2 months 
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