BMO Global High Dividend Covered Call ETF (ZWG.TO)

The BMO Global High Dividend Covered Call ETF offers investors exposure to a portfolio focused on high-dividend equities, simultaneously generating income by selling call options. Its underlying holdings are diversified across various sectors and weighted by their dividend yield. The fund employs a systematic, rule-based approach for security selection, evaluating factors like dividend growth rate, yield, payout ratio, and market liquidity. Additionally, it actively implements a covered call strategy, selling options that are out-of-the-money and chosen based on the potential premium they can generate. This premium then provides a limited cushion against potential market declines.