BMO Europe High Dividend Covered Call ETF (ZWP.TO)

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This ETF aims to provide investors with access to a dividend-centric portfolio of European equities, concurrently generating income through a covered call strategy. The underlying holdings are weighted by their yield and boast broad sectoral diversification. Its investment selection follows a rigorous, rules-based methodology, assessing factors such as dividend growth rates, current yield percentages, payout ratios, and market liquidity. Furthermore, the fund proactively employs a dynamic covered call overlay. These options are strategically written 'out of the money' and selected based on the attractive premiums they offer, providing a limited measure of downside protection.