BMO Premium Yield ETF
Overview
The ETF seeks to provide exposure to a portfolio of U.S. large capitalization companies. Fund investing in U.S. equity securities and derivative instruments to provide long term capital appreciation, generate income and mitigate downside risk. Securities will be selected using a rules based methodology that considers quality, yield, and liquidity. Depending on market volatility and other factors, the ETF may employ derivative strategies. The ETF may write call options selected by considering volatility, fundamental and technical analysis, price sensitivity to the broad market and sector diversification. The ETF may also purchase call options to gain potential exposure to U.S. equity securities and U.S. markets. The ETF may write put options to reduce the net cost of acquiring portfolio securities and may purchase put options to potentially limit the loss from significant declines of U.S. equity securities and U.S. markets.