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

    IMAGE OF A NOTEBOOK WITH TFSA WRITTEN ON IT
    Investing

    2 Ways to Score a Richer Monthly TFSA Payout

    These two BMO covered call ETFs have high yields above 6% and are great for income investors.

    Read more »

    exchange-traded funds
    Investing

    TFSA: Invest $50,000 and Get $290-$340/Month in Passive Income

    Both of these BMO ETFs pay yields above 7% right now.

    Read more »

    Money in jars with the text “Canadian Bank Stocks” and The Motley Fool jester cap logo
    Page

    Top Canadian Bank Stocks of 2023

    Bank stocks are financial institutions that are licensed to accept and hold deposits, issue loans, and sell financial products (like…

    Read more »

    edit Close-up Of A Piggybank With Eyeglasses And Calculator On Desk
    Bank Stocks

    3 Side Hustles That Can Get You Investing for Free

    Side hustles can be a great way to bring in extra cash, and can even turn into a full-time gig!…

    Read more »

    A golden egg in a nest
    Dividend Stocks

    Millennials: No Excuses! Start Saving for Retirement Right Now.

    Millennials, we need to stop complaining and start bragging. We're great savers, so it's time to start investing in TSX…

    Read more »

    edit Close-up Of A Piggybank With Eyeglasses And Calculator On Desk
    Energy Stocks

    Got $2,000? Here Are 3 Smart TSX Stocks to Buy Now

    If you're a new investor with just $2,000 you're willing to invest, then these should be the top three TSX…

    Read more »

    exchange traded funds
    Investing

    3 Must-Buy Bank of Montreal ETFs to Ride Out a Recession

    Passive investors may wish to buy BMO Covered Call Canadian Banks ETF (TSX:ZWB) and two other incredible ETFs that right…

    Read more »

    ETF chart stocks
    Investing

    2 Passive-Income ETFs That Could Soar in H2 2022

    BMO Covered Call Canadian Banks ETF (TSX:ZWB) could spoil you with high dividends, as inflation continues to run hot.

    Read more »

    Payday ringed on a calendar
    Dividend Stocks

    3 TSX Stocks to Create $345 in Monthly Passive Income

    These inflation-fighting TSX stocks are the perfect option for long-term passive income of $345 per month.

    Read more »

    investment research
    Stocks for Beginners

    Millennials: Create a Million-Dollar Portfolio for Retirement

    Millennials can reach millionaire status by retirement by investing in one solid stock and reinvesting on a consistent basis.

    Read more »

    money cash dividends
    Dividend Stocks

    How to Make $20,000 Per Year Starting in 2022

    If you find the right stock, you could bring in as much as a part-time job! All while getting that…

    Read more »

    Chalk outline of two arrows pointing in opposite directions
    Stocks for Beginners

    How to Save Thousands Per Year With Your RRSP

    If you can hit your RRSP contribution limit each year, you could save thousands in taxes that could help boost…

    Read more »