Key stats
About BMO COVERED CALL DJ INDL AV HDG CAD COVERED CALL DOW JONES IND AVG ETF HGD
Expense ratio
0.76%
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Inception date
Oct 20, 2011
The fund applies a covered call option (or buy-write) strategy on the Dow Jones Industrial Average (DJIA), which is a price-weighted index of 30 US blue-chip companies selected by editors of the Wall Street Journal. The fund holds underlying stock positions on the DJIA and writes call options out of the money. Call options, which are either exchange-traded or over-the-counter, are selected based on the option's implied volatility. The funds strategy enables investors to earn call option premiums and have tax-efficient distributions. The option premium provides investors with limited downside protection.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Health Technology
Stocks100.53%
Finance18.41%
Technology Services15.28%
Health Technology11.05%
Retail Trade9.91%
Electronic Technology9.79%
Health Services8.37%
Consumer Services6.60%
Producer Manufacturing5.99%
Consumer Non-Durables5.44%
Commercial Services4.65%
Energy Minerals2.85%
Process Industries0.99%
Communications0.69%
Bonds, Cash & Other−0.53%
Rights & Warrants−0.00%
Cash−0.14%
Miscellaneous−0.39%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history