TSX:ZWB (BMO Covered Call Canadian Banks ETF)

About ZWB

The ETF seeks to provide exposure to the performance of a portfolio of Canadian banks to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options. To achieve investment objective the ETF will primarily invest in and hold the securities of Canadian banks, ETFs, or a combination of these. Depending on market volatility and other factors, the ETF will write covered call options on these securities. Under such call options, the ETF will sell to the buyer of the option, for a premium, either a right to buy the security from the ETF at an exercise price or, if the option is cash settled, the right to a payment from the ETF equal to the difference between the value of the security and the exercise price.
  • BMO Covered Call Canadian Banks ETF (TSX: ZWB) Latest News

    Senior Man Sitting On Sofa At Home With Pet Labrador Dog
    Dividend Stocks

    These 2 Dividend ETFs Could Be a Retiree’s Best Friend

    A covered-call ETF might be attractive for investors seeking high-yield monthly income.

    Read more »

    Canadian Dollars
    Dividend Stocks

    How Much to Invest to Get $500 in Dividends Every Month

    It all depends on what you invest in and how much risk you're willing to take.

    Read more »

    exchange traded funds
    Investing

    Investors: Here’s How to Make $750 Each Month in Retirement

    A covered call ETF can help investors generate an above-average level of monthly income.

    Read more »

    Bank sign on traditional europe building facade
    Bank Stocks

    Canadian Bank ETFs: An Easy Way to Invest in the Big 6

    For long-term investing, ZEB is a good bet. If you expect the bank stocks to be depressed in the near…

    Read more »

    Shopping card with boxes labelled REITs, ETFs, Bonds, Stocks
    Dividend Stocks

    Build the Ultimate Passive Income Portfolio With Just $5,000

    A covered call ETF coupled with a TFSA can help you create a lucrative passive income stream.

    Read more »

    Bank sign on traditional europe building facade
    Bank Stocks

    Canadian Banking Stocks: Secure Your Portfolio for July 2023 and Beyond

    Here are two great ETF picks for investing in the Big Six Canadian bank stocks.

    Read more »

    Dollar symbol and Canadian flag on keyboard
    Dividend Stocks

    These 3 Canadian Dividend Stocks Are Great Choices for Retirement Income

    There’s no shortage of great Canadian dividend to establish a retirement income. Here’s a shortlist of investments to buy today.

    Read more »

    TFSA and coins
    Dividend Stocks

    Passive Income: How to Earn Nearly $600 Per Month in Your TFSA Portfolio

    An ETF that combines big Canadian bank stocks with a covered call strategy can help produce high monthly income streams.

    Read more »

    analyze data
    Dividend Stocks

    How Much Do You Need to Invest to Give Up Work and Live Only Off Dividend Income?

    Here's an honest assessment of how difficult it is to achieve "quit-your-job" levels of passive income.

    Read more »

    Various Canadian dollars in gray pants pocket
    Dividend Stocks

    Need Passive Income? Turn $5,000 Into $28 Every Month

    $5,000 can produce some passive monthly income, but it may be better invested for growth.

    Read more »

    Payday ringed on a calendar
    Bank Stocks

    How to Create $500 in Passive Income Each and Every Month

    Combining your TFSA with a covered call ETF can create some very lucrative passive-income streams.

    Read more »

    growing plant shoots on stacked coins
    Investing

    How I’d Invest $1,000 in December to Make Easy Passive Income

    These BMO ETFs offer high yields and monthly dividends for income-hungry investors.

    Read more »