Company Data
BMO Europe High Dividend Covered Call Hedged to CAD ETF
Ticker
ZWE:CA
Current Price
$21.32 0.57%
Price Target
Refer to Report
Volume
11.8K
52wk Range
$19.57 - $21.45
Overview
The ETF seeks to provide exposure to the performance of a portfolio of dividend paying European companies to generate income and to provide long-term capital appreciation, while mitigating downside risk through the use of covered call options. The ETF will invest in or use derivative instruments to seek to hedge foreign currency exposure. Currently, the ETF primarily invests in BMO Europe High Dividend Covered Call ETF and uses derivative instruments to hedge back to the Canadian dollar. Securities will be selected using a rules based methodology that considers dividend growth, yield, and payout ratio.