BMO Canadian High Dividend Covered Call ETF

This ETF provides exposure to a dividend focused portfolio, while earning call option premiums.  Underlying portfolio is yield-weighted and broadly diversified across sectors.  The fund utilizes a rules based methodology that considers dividend growth rate, yield and payout ratio.  Securities will also be subject to a liquidity screen process.

This ETF utilize 期權 and financial leverage 槓桿 to increae its yield therefore it is more risky but also a higher yield.

Note that this ETF is subject to a higher management fee at 0.72% per year.

This ETF might be a choice for people immigrating to Canada.