Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See
full details
.
I Agree
×
Join today and have your say! It’s FREE!
Join Now
Sign In
Become a member today, It's free!
We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Join Today
or
Sign in with existing account
Privacy Policy
|
Disclaimer
Sign In
Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Remember me
Forgot Password?
Sign In
or
Sign Up
Privacy Policy
|
Disclaimer
Please Try Again
{{ error }}
Send my password
Submit
Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.
Become a member today, It's free!
We will not release or resell your information to third parties without your permission.
Linking with Facebook:
Stockhouse membership requires an email address which must be shared by Facebook.
By default, joining or signing in using your Facebook account will work and the email address will be shared by Facebook automatically.
If you change your Facebook permissions to restrict Stockhouse from receiving your email while joining or signing in to Stockhouse then it will fail.
Please do not modify the permission settings during sign-in.
Sign in with Facebook
Return to Signup Options
Home
Community
Bullboards
Blogs
Groups
Messages
Markets
Stocks
TSX
TSXV
CSE
Cboe Canada
NASDAQ
NYSE
NYSE American
Cryptocurrency
Currencies
Market Movers
Bonds
News
Featured News
Trending News
Canadian Press Releases
US Press Releases
Video
Editorial
Thematic Insights
Independent Reports
Interviews
Buzz on the Bullboards
Portfolio
Watchlist
Portfolio
Showcase Companies
DealRoom
Quote
|
Bullboard
|
News
|
Opinion
|
Profile
|
Peers
|
Filings
|
Financials
|
Options
|
Price History
|
Ratios
|
Ownership
|
Insiders
|
Valuation
Bullboard - Stock Discussion Forum
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.
see more
Join the community and start posting on the bullboards today. It's free.
You are already a member! Please enter your password to sign in.
Remember me
Forgot password?
Back
Submit
By providing my email, I consent to receiving messages from Stockhouse.
Create a portfolio watchlist today. It's free.
You are already a member! Please enter your password to sign in.
Remember me
Forgot password?
Back
Submit
By providing my email, I consent to receiving messages from Stockhouse.
Add To Watchlist
Bullboard (TSX:ZWU)
New Post
View:
Posts & Comments
Threaded Posts
Prev
1
2
3
4
5
Next
(2483)
•••
Marty47
X
Post by
Marty47
on Aug 02, 2024 2:16pm
Dow down 900 this it’s hold 10.7$
I had a good feeling to buy a lot of this etf between 9.45 and 10.2 in the last year , moved a lot my gainer to this etf , now getting a nice dividend and shares appreciations , back over 11 $ soon
...more
(2483)
•••
Marty47
X
Post by
Marty47
on Jul 24, 2024 9:09pm
At 4% interest rate we should be 11.20$
Base on recent interest cut at 4% we are getting close to 11.20$ and since the etf also have some USA exposure when the fed will start cutting we will get close to 11.70$ with a 0.5% cut a lot of
...more
(122)
•••
Panic54321
X
Post by
Panic54321
on Jul 12, 2024 9:28am
Back above the 200 day!
There has been a nice base in this ETF.. looks like more rates cuts to come.. Broke 200 day moving avg. again looking good all around !!
(2483)
•••
Marty47
X
Comment by
Marty47
on Jun 04, 2024 9:31pm
RE:Finally breaking the 200 day moving avg.
Y'a been buying between 9.45$ and 10.2$ I'm now over 20k shares .....as interest go down we will be over 11$ soon , I just hold utilities will do well in this climate change stuff
(122)
•••
Panic54321
X
Post by
Panic54321
on May 08, 2024 6:07pm
Finally breaking the 200 day moving avg.
This has been long time coming it broke the 200 in Oct. 2022. ( it's been a dog since then ) this is completely interest rate sensitive area as interest rates come down. It
...more
(164)
•••
DeanEdmonton
X
Comment by
DeanEdmonton
on Apr 29, 2024 1:34am
RE:RE:RE:How sustainable is this dividend?
Franman - can you not read. Yes the underlying companies pay 5%, the fact ZWU is returning over 70% of their payout as a return of your own money means they are losing their azz on the covered call
...more
(78)
•••
Franman184
X
Comment by
Franman184
on Apr 16, 2024 12:44pm
RE:RE:How sustainable is this dividend?
The underlying companies pay about 5 percent and the extra income comes from the covered call. If we have volitiltiy the covered call showed be good as well. Should the underlying companies go up in
...more
(164)
•••
DeanEdmonton
X
Comment by
DeanEdmonton
on Apr 14, 2024 2:04pm
RE:How sustainable is this dividend?
Just checked, for 2023. Copy and paste from a Buddy of mine's T3. It is actually a lot more than 50%, it is 74%. 2023 T3 slip (original) from BMO COVERED CALL CANADIAN BANKS ETF Box number Box
...more
(164)
•••
DeanEdmonton
X
Comment by
DeanEdmonton
on Apr 14, 2024 1:39pm
RE:How sustainable is this dividend?
Mbuch - Take a Look at the composition of this dividend, 50% is return of capital. That is your oen money, not really a dividend. They can keep the dividend here indefinitely by continuing to raise
...more
(122)
•••
Panic54321
X
Comment by
Panic54321
on Apr 11, 2024 10:24am
RE:How sustainable is this dividend?
The dividend on this can fluctuate, but it won't fluctuate a crazy amount. It can go up and down with the market and the underlining securities that it holds. It depends on the
...more
(30)
•••
mbuch
X
Post by
mbuch
on Apr 10, 2024 11:46am
How sustainable is this dividend?
Seems to be to high for too long in my opinion. But am still considering adding some more shares. Should I wait to see if it gets cut and wait for the dip in share price?
(35)
•••
saddlerack
X
Comment by
saddlerack
on Jan 03, 2024 12:59pm
RE:Special Distribution???
It was an error and has now been reversed :(
(35)
•••
saddlerack
X
Post by
saddlerack
on Jan 03, 2024 12:12pm
Special Distribution???
I hold ZWU in 3 accounts with TD. This morning I noticed that the distribution payed for December was 10 X what it should be. I can't find any news of a special distriubtion. Is
...more
(69)
•••
Puma1back
X
Comment by
Puma1back
on Dec 29, 2023 8:36am
RE:RE:RE:Calls exercised?
it was the 13th - excerpt from the Globe: CIBC World Markets is the latest research team to release their 2024 outlook, “Particularly impressive this past year was the ability of
...more
(69)
•••
Puma1back
X
Comment by
Puma1back
on Dec 19, 2023 9:13am
RE:RE:Calls exercised?
Anyway, this ETF got put in the Top 10 ETF's for 2024 in the Globe.
Prev
1
2
3
4
5
Next
Thank You
Your Report has been submitted.
Report Abusive Content
×
Close
Sign up to get access
You are already a member! Please enter your password to sign in.
Remember me
Forgot password?
Back
Submit
By providing my email, I consent to receiving messages from Stockhouse.
The Market Update
{{currentVideo.title}}
{{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >
A daily snapshot of everything
from market open to close.
{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}
{{currentVideo.intervieweeTitle}}
{{currentVideo.headline}}
{{currentVideo.link1Text}}
{{currentVideo.link2Text}}
< Previous
{{moreVideoText}}
Next >
Featured News Links
Why Dozens of Pro Athletes are Paying Attention to this Product
Q Precious & Battery Metals To Resume Diamond Drilling La Corne South Project, Val D'or Quebec
Do you want to stay ahead of the markets? See how DealRoom can help.