Overview
Description
The BMO High Dividend Covered Call U.S. Equity Fund is an actively managed investment fund designed to generate income for investors through a combination of dividends and covered call writing strategies. Its primary function is to offer exposure to a diversified portfolio of high-quality U.S. equities that also pay attractive dividends. By employing a covered call strategy, the fund seeks to enhance yield and provide a potential hedge against market volatility by writing call options on its holdings. This unique approach not only aims to generate consistent income but also works to reduce overall portfolio volatility. The fund is particularly appealing to investors seeking steady income streams, especially in low-interest-rate environments, while maintaining exposure to the U.S. equity market. It's managed by BMO Global Asset Management, known for their expertise in developing innovative investment solutions across various asset classes.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE