ZWB Stock Price, Chart, Stats & News

BMO Covered Call Canadian Banks ETF
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Financial Services Equity
Category
4.85%
Dividend yield
CA$1.43
0.72%
Expense ratio
4.39B
Assets
52.21%
1Y return
ZWB chart
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About
This investment vehicle offers investors a way to gain exposure to the Canadian banking sector while simultaneously generating income from options. The fund achieves this by holding shares of Canadian financial institutions and actively selling covered call options. These options are consistently written with a strike price above the current market price ("out-of-the-money") and are selected based on an assessment of their implied volatility.
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