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BMO Covered Call Canadian Banks ETF  
At A Glance Prices and Performance Distribution Holdings
ETF Profile
Ticker Symbol ZWB
Net Assets ($MM) (Feb 05, 2016) $1,004.3
Market Price $15.0900
12 Month Low/High (Market Price) $14.07 / $17.06
Price (NAV) (Feb 05, 2016) $15.1027
12 Month Low/High (Price (NAV)) $14.07 / $17.07
Annualized Distribution Yield (Jan 22, 2016) 1 5.73%
Maximum Annual Management Fee 0.650%
Date Started Jan 28, 2011
Fiscal Year End December 31
Units Outstanding (000's) 66,500
CUSIP 05560U104
Index -
Exchange TSX

Related Links / Downloads
Dividend Investing with Income Enhancement
Covered Call Option Strategy
Legal & Regulatory Documents
  Portfolio Strategy
BMO Covered Call Canadian Banks ETF has been designed to provide exposure to a portfolio of Canadian banks while earning call option premiums. The Fund invests in securities of Canadian banks, and dynamically writes covered call options. The call options are written out of the money and selected based on analyzing the option's implied volatility. The option premium provides limited downside protection. The underlying portfolio is rebalanced and reconstituted semi-annually in June and December, and options are rolled forward upon expiry. In addition, as ZWB is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.

 1 Annualized Distribution Yield: The most recent regular distribution (excluding year end distributions for those ETFs that distribute more frequently) annualized for frequency divided by current NAV.
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BMO - A part of BMO Financial Group
BMO ETFs are managed and administered by BMO Asset Management Inc., an investment fund manager and portfolio manager and separate legal entity from Bank of Montreal. Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated.