Overview
Description
The BMO Europe High Dividend Covered Call ETF is a type of exchange-traded fund designed to provide investors with exposure to high-yield European equities while simultaneously generating additional income through the use of covered calls. This ETF primarily invests in a diversified portfolio of large-cap European companies known for their significant dividend payouts. By employing a covered call strategy, it writes call options on its holdings, which helps enhance income via option premiums. This strategy is particularly beneficial in markets with low volatility or flat price movement, as it provides an extra income stream.
The BMO Europe High Dividend Covered Call ETF is suitable for investors seeking a balance between income generation and equity exposure, specifically within the European market. It plays a significant role in income-focused investment strategies, providing a modest hedge against market fluctuations while capitalizing on the stable dividend yields of established European corporations. This ETF caters to investors interested in diversifying their portfolio with international assets, thereby providing a global flavor to income-enhanced investment portfolios.
About
Address
—
Phone
+1 8003611392
Website
—
Instrument type
ETF
Country
Canada
MIC code
XTSE