Fund info

BMO Global High Dividend Covered Call ETF is an exchange-traded fund designed to provide investors with high dividend income through exposure to a portfolio of global dividend-generating stocks, enhanced by a covered call overlay. The primary purpose of this ETF is to deliver consistent income by owning shares in highly capitalized, well-established companies that pay dividends, while simultaneously writing covered call options on these holdings. This strategy is aimed at boosting yields through premium income from the options. Notable features include a focus on global diversification, allowing exposure to various sectors and industries worldwide, potentially reducing risk through geographic diversity. The use of covered call strategies aims to enhance the overall yield of the portfolio, making it particularly attractive to investors seeking higher payouts with a considered level of risk. In the financial market, the BMO Global High Dividend Covered Call ETF represents a specialized investment vehicle that provides a balance of income generation and equity exposure, leveraging derivative strategies to optimize returns for income-focused investors. It plays a significant role for those looking to benefit from dividend income while managing market volatility through option premiums.