Key stats
About BMO EUROPE HIGH DIVID COVERED CALL CAD UNIT
Expense ratio
0.74%
Home page
Inception date
Mar 2, 2018
The fund combines a dividend strategy with a covered call options overlay. Its underlying portfolio holds high yielding European 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
Consumer Non-Durables
Health Technology
Producer Manufacturing
Stocks98.79%
Finance21.18%
Consumer Non-Durables16.12%
Health Technology16.12%
Producer Manufacturing11.04%
Consumer Durables5.70%
Electronic Technology5.59%
Communications5.00%
Energy Minerals3.82%
Non-Energy Minerals3.78%
Utilities3.57%
Technology Services2.28%
Commercial Services2.18%
Retail Trade1.98%
Bonds, Cash & Other1.21%
Cash1.63%
Miscellaneous−0.42%
Stock breakdown by region
Europe100.00%
North America0.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history