Overview

Fund Profile

Key Facts

Portfolio Strategy

BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF has been designed to provide exposure to a portfolio of Dow Jones Industrial Average companies, while earning call option premiums. The Fund invests in securities of the Dow Jones Industrial Average, 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 to maintain better representation of the broad market and of American industry and options are rolled forward upon expiry. In addition, as ZWA may hold other underlying ETFs, the management fees charged are reduced by the management fees paid on the underlying ETFs, thereby not duplicating the management fees.

Fund Benefits

  • Designed for investors looking for higher income from equity portfolios
  • Invested in a diversified portfolio of U.S. industry leading companies
  • Call option writing reduces volatility
  • Currency is hedged back to Canadian dollars
  • Professionally managed by BMO Global Asset Management

Risk Rating

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Price & Performance

Performance Chart

Growth of 10,000

Chart comparing growth of $10,000. From START_DATE to END_DATE. Comparing FUND_1 and FUND_2. For more details, email [email protected] or call 1-800-361-1392.

Performance Details

Daily Prices

Daily prices table has 3 columns. Table columns are Unit Price as of Aug 15, 2022, 1 Day Change, 1 Day % Change
Unit Price as of
(Aug 15, 2022)
1 Day Change 1 Day % Change
Market Price $ 25.07 $ 0.22 0.89%
Price (NAV) $ 25.0445 $ 0.1094 0.44%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Jul 29, 2022

Table for annualized performance. For period ending
1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -4.87% 12.23% 6.78% 7.68% 9.27% 9.83%
Index - - - - - -
Calendar Performance

Calendar Year Performance (%) for period ending: Jul 29, 2022

Table for calendar performance. For period ending
YTD 2021 2020 2019 2018 2017 2016 2015 2014 2013
NAV -8.54% 19.40% 5.47% 20.39% -6.12% 22.02% 12.00% -0.62% 7.69% 25.08%
Index - - - - - - - - - -
Cumulative Performance

Cumulative Performance (%) for period ending: Jul 29, 2022

Table for cumulative performance. For period ending
YTD 1 mo 3 Mo 6 Mo 1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV -8.54% 6.25% 0.14% -5.61% -4.87% 25.96% 21.75% 44.74% 142.72% 174.81%
Index - - - - - - - - - -

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Tax & Distributions

Distribution History

Each BMO ETF will distribute net taxable income to investors at least once a year. A BMO ETF will have taxable income if the income generated (for example interest, dividend, capital gains, etc.) by the securities within the BMO ETF is greater than the expenses of the BMO ETF. The distributions will either be paid in cash or reinvested in the BMO ETF at the discretion of the manager. The future distribution dates for BMO ETFs may change at any time and whether or not a distribution occurs will depend on the tax characteristics of the underlying investments.

The following table lists historical distributions and includes information about the frequency dollar value and tax composition of the distribution. The tax composition of the BMO ETF distribution will be determined on a yearly basis and will only be available after the BMO ETFs tax year. This information will be reported in an official tax receipt provided to investors by their broker.

Download Distribution History (Excel)
Table for distribution history. For period ending
Distribution Period

Future distribution dates may change without any prior notice.

Footnote
Ex-Dividend Date Record Date Pay Date Cash Distribution Per Unit Reinvested Distribution Per Unit

Distributions by the BMO ETF that are not paid in cash should be accounted for by investors for tax purposes by adding the distribution amount to the adjusted cost base of the units held.

Footnote
Total Distribution Per Unit
Jan, 2022 Jan 27, 2022 Jan 28, 2022 Feb 02, 2022 0.100000 0.000000 0.100000
Feb, 2022 Feb 24, 2022 Feb 25, 2022 Mar 02, 2022 0.100000 0.000000 0.100000
Mar, 2022 Mar 29, 2022 Mar 30, 2022 Apr 04, 2022 0.100000 0.000000 0.100000
Apr, 2022 Apr 27, 2022 Apr 28, 2022 May 03, 2022 0.120000 0.000000 0.120000
May, 2022 May 27, 2022 May 30, 2022 Jun 03, 2022 0.120000 0.000000 0.120000
Jun, 2022 Jun 28, 2022 Jun 29, 2022 Jul 05, 2022 0.120000 0.000000 0.120000
Jul, 2022 Jul 27, 2022 Jul 28, 2022 Aug 03, 2022 0.130000 0.000000 0.130000
Aug, 2022 Aug 29, 2022 Aug 30, 2022 Sep 02, 2022 - - -
Sep, 2022 Sep 28, 2022 Sep 29, 2022 Oct 05, 2022 - - -
Oct, 2022 Oct 27, 2022 Oct 28, 2022 Nov 02, 2022 - - -
Nov, 2022 Nov 28, 2022 Nov 29, 2022 Dec 02, 2022 - - -
Dec, 2022 Dec 28, 2022 Dec 29, 2022 Jan 03, 2023 - - -
Download Distribution Tax (Excel)
ETF distribution tax table. Showing for year
Distribution Period Eligible Dividends Non Eligible Dividends Other Income Capital Gains Return of Capital Foreign Income Foreign Tax Paid Total Distribution per Unit for Tax Purpose

The exact tax treatment of the distributions for a calendar year is calculated after the BMO ETF's tax year-end. As a result investors will receive an official tax statement from their broker detailing the type of income they have to report for tax purposes for the entire year and not for each distribution.

Footnote
- - - - - - - - -

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Holdings & Allocations

Daily Holdings

As of Aug 15, 2022

Stock

101.30%

Cash and Cash Equivalents

-1.30%

Number of Holdings

61

Total Net Assets

$ 209,397,315.00


Download Holdings (Excel)
No column selected.
Daily holdings table has 5 columns. Table columns are Weight (%), Name, ISIN, Bloomberg Ticker, Base Market Value
Weight (%) Name ISIN Bloomberg Ticker Number of Shares Currency Base Market Value Sector Asset Class
10.65% UNITEDHEALTH GROUP INC US91324P1021 UNH 31,735 USD 22,307,789 Health Care Stock
7.01% GOLDMAN SACHS GROUP INC/THE US38141G1040 GS 31,966 USD 14,681,274 Financials Stock
6.20% HOME DEPOT INC/THE US4370761029 HD 31,966 USD 12,979,839 Consumer Discretionary Stock
5.78% MICROSOFT CORP US5949181045 MSFT 31,966 USD 12,107,668 Information Technology Stock
5.23% MCDONALD'S CORP US5801351017 MCD 31,966 USD 10,951,236 Consumer Discretionary Stock
4.95% AMGEN INC US0311621009 AMGN 31,966 USD 10,358,787 Health Care Stock
4.26% VISA INC US92826C8394 V 31,966 USD 8,928,822 Information Technology Stock
3.98% HONEYWELL INTERNATIONAL INC US4385161066 HON 31,966 USD 8,344,212 Industrials Stock
3.86% CATERPILLAR INC US1491231015 CAT 31,966 USD 8,084,293 Industrials Stock
3.76% SALESFORCE INC US79466L3024 CRM 31,966 USD 7,882,547 Information Technology Stock
3.41% APPLE INC US0378331005 AAPL 31,966 USD 7,145,286 Information Technology Stock
3.39% TRAVELERS COS INC/THE US89417E1091 TRV 31,966 USD 7,102,791 Financials Stock
3.36% BOEING CO/THE US0970231058 BA 31,966 USD 7,033,067 Industrials Stock
3.27% JOHNSON & JOHNSON US4781601046 JNJ 31,966 USD 6,852,361 Health Care Stock
3.26% AMERICAN EXPRESS CO US0258161092 AXP 31,966 USD 6,823,894 Financials Stock
3.09% CHEVRON CORP US1667641005 CVX 31,966 USD 6,469,497 Energy Stock
2.98% 3M CO US88579Y1010 MMM 31,966 USD 6,247,535 Industrials Stock
2.93% PROCTER & GAMBLE CO/THE US7427181091 PG 31,966 USD 6,129,128 Consumer Staples Stock
2.66% INTERNATIONAL BUSINESS MACHINES CORP US4592001014 IBM 31,966 USD 5,566,796 Information Technology Stock
2.61% WALMART INC US9311421039 WMT 31,966 USD 5,470,667 Consumer Staples Stock
2.45% WALT DISNEY CO/THE US2546871060 DIS 31,966 USD 5,126,585 Communication Services Stock
2.41% JPMORGAN CHASE & CO US46625H1005 JPM 31,966 USD 5,052,322 Financials Stock
2.29% NIKE INC US6541061031 NKE 31,966 USD 4,799,005 Consumer Discretionary Stock
1.79% MERCK & CO INC US58933Y1055 MRK 31,966 USD 3,737,877 Health Care Stock
1.27% COCA-COLA CO/THE US1912161007 KO 31,966 USD 2,661,071 Consumer Staples Stock
1.09% DOW INC US2605571031 DOW 31,966 USD 2,283,158 Materials Stock
0.92% CISCO SYSTEMS INC US17275R1023 CSCO 31,966 USD 1,922,160 Information Technology Stock
0.90% VERIZON COMMUNICATIONS INC US92343V1044 VZ 31,966 USD 1,879,665 Communication Services Stock
0.81% WALGREENS BOOTS ALLIANCE INC US9314271084 WBA 31,966 USD 1,694,422 Consumer Staples Stock
0.72% INTEL CORP US4581401001 INTC 31,966 USD 1,499,276 Information Technology Stock
0.00% JOHNSON & JOHNSON 19Aug2022 185 CALL - JNJ 8 C185 -175 USD -226 - Cash and Cash Equivalents
0.00% MERCK & CO INC 26Aug2022 100 CALL - MRK 8 C100 -175 USD -1,355 - Cash and Cash Equivalents
0.00% AMGEN INC 26Aug2022 265 CALL - AMGN 8 C265 -175 USD -3,388 - Cash and Cash Equivalents
0.00% INTEL CORP 02Sep2022 39 CALL - INTC 9 C39 -180 USD -3,949 - Cash and Cash Equivalents
0.00% VERIZON COMMUNICATIONS INC 02Sep2022 47 CALL - VZ 9 C47 -180 USD -4,646 - Cash and Cash Equivalents
-0.01% COCA-COLA CO/THE 26Aug2022 65 CALL - KO 8 C65 -180 USD -11,616 - Cash and Cash Equivalents
-0.01% CISCO SYSTEMS INC 19Aug2022 48 CALL - CSCO 8 C48 -180 USD -13,242 - Cash and Cash Equivalents
-0.01% VISA INC 02Sep2022 230 CALL - V 9 C230 -180 USD -14,404 - Cash and Cash Equivalents
-0.01% DOW INC 19Aug2022 55 CALL - DOW 8 C55 -180 USD -20,444 - Cash and Cash Equivalents
-0.01% WALGREENS BOOTS ALLIANCE INC 19Aug2022 40 CALL - WBA 8 C40 -175 USD -24,845 - Cash and Cash Equivalents
-0.01% BOEING CO/THE 02Sep2022 185 CALL - BA 9 C185 -180 USD -25,323 - Cash and Cash Equivalents
-0.01% INTERNATIONAL BUSINESS MACHINE 02Sep2022 137 CALL - IBM 9 C137 -180 USD -27,181 - Cash and Cash Equivalents
-0.02% CHEVRON CORP 26Aug2022 160 CALL - CVX 8 C160 -180 USD -34,151 - Cash and Cash Equivalents
-0.02% PROCTER & GAMBLE CO/THE 02Sep2022 150 CALL - PG 9 C150 -180 USD -36,706 - Cash and Cash Equivalents
-0.02% MCDONALD'S CORP 02Sep2022 270 CALL - MCD 9 C270 -180 USD -37,403 - Cash and Cash Equivalents
-0.02% WALMART INC 26Aug2022 137 CALL - WMT 8 C137 -180 USD -39,494 - Cash and Cash Equivalents
-0.02% NIKE INC 26Aug2022 118 CALL - NKE 8 C118 -180 USD -39,726 - Cash and Cash Equivalents
-0.02% UNITEDHEALTH GROUP INC 26Aug2022 565 CALL - UNH 8 C565 -175 USD -44,269 - Cash and Cash Equivalents
-0.02% APPLE INC 09Sep2022 177.5 CALL - AAPL 9 C177.5 -180 USD -48,090 - Cash and Cash Equivalents
-0.03% JPMORGAN CHASE & CO 26Aug2022 122 CALL - JPM 8 C122 -180 USD -54,362 - Cash and Cash Equivalents
-0.03% TRAVELERS COS INC/THE 19Aug2022 170 CALL - TRV 8 C170 -175 USD -67,082 - Cash and Cash Equivalents
-0.05% 3M CO 02Sep2022 148 CALL - MMM 9 C148 -180 USD -98,735 - Cash and Cash Equivalents
-0.06% HONEYWELL INTERNATIONAL INC 02Sep2022 200 CALL - HON 9 C200 -180 USD -115,462 - Cash and Cash Equivalents
-0.07% HOME DEPOT INC/THE 26Aug2022 320 CALL - HD 8 C320 -180 USD -139,623 - Cash and Cash Equivalents
-0.07% CATERPILLAR INC 19Aug2022 190 CALL - CAT 8 C190 -175 USD -146,811 - Cash and Cash Equivalents
-0.08% SALESFORCE INC 19Aug2022 185 CALL - CRM 8 C185 -175 USD -175,722 - Cash and Cash Equivalents
-0.11% WALT DISNEY CO/THE 26Aug2022 115 CALL - DIS 8 C115 -180 USD -220,701 - Cash and Cash Equivalents
-0.11% MICROSOFT CORP 26Aug2022 285 CALL - MSFT 8 C285 -180 USD -235,105 - Cash and Cash Equivalents
-0.11% AMERICAN EXPRESS CO 19Aug2022 155 CALL - AXP 8 C155 -175 USD -237,157 - Cash and Cash Equivalents
-0.13% GOLDMAN SACHS GROUP INC/THE 02Sep2022 350 CALL - GS 9 C350 -180 USD -267,165 - Cash and Cash Equivalents
-0.26% CASH - - 1 CAD -537,291 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

has a donut chart divided into 9 ranges. Ranges are: 22.14%, Information Technology.17.99%, Health Care.15.9%, Financials.14.59%, Consumer Discretionary.14.37%, Industrials.7.77%, Consumer Staples.3.63%, Communication Services.2.47%, Energy.1.14%, Materials.

Geographic Allocation

has a donut chart divided into 1 range. The range is: 100%, United States.

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