Key stats
About BMO GLOBAL HIGH DIVID CVRD CALL ETF UNIT CAD
Expense ratio
0.82%
Home page
Inception date
Jan 16, 2020
The fund combines a dividend strategy with a covered call options overlay. Its underlying portfolio holds high yielding global dividend equities that are screened for dividend payout sustainability and positive 3-year dividend growth. Underlying portfolio securities are selected and weighted by dividend yield. The fund holds underlying stock positions on this portfolio and writes call options out of the money. The 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, which provide 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
Electronic Technology
Health Technology
Technology Services
Stocks100.40%
Finance17.30%
Electronic Technology15.48%
Health Technology14.62%
Technology Services10.78%
Consumer Non-Durables9.07%
Transportation7.37%
Retail Trade6.51%
Energy Minerals4.37%
Communications3.57%
Consumer Services3.38%
Commercial Services2.64%
Consumer Durables2.23%
Non-Energy Minerals1.46%
Health Services1.21%
Bonds, Cash & Other−0.40%
Cash0.00%
Rights & Warrants−0.17%
Miscellaneous−0.24%
Stock breakdown by region
North America82.38%
Europe13.92%
Asia2.23%
Oceania1.46%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history