or
Remember me
Back
Isn't it something that I'm the first to comment on this interesting ETF? I was looking for a DOW index ETF that captures the promising growth this year while earning cash distributions on a monthly basis. Then this ETF came along late last year and has been doing very well indeed. The cash distribution from cover call is an attractive part of the deal since it makes it a 'double-edge sword,' so to speak, for year 2012. I first caught sight of it when it was at 16!! Yes I was there. It was only a month ago. Now it's at 16.49$ and raising with the US market.
And yes, it's hedged to the Canadian dollar.
My portfolio consists of a great deal of cover-call ETFs and a set of US blue-chips. ZWA might just be a secret weapon you've been looking for.
