Overview

Fund Profile

Key Facts

Portfolio Strategy

BMO Canadian High Dividend Covered Call ETF has been designed to provide exposure to a dividend focused portfolio, while earning call option premiums. The underlying portfolio is yield-weighted and broadly diversified across sectors. The Fund utilizes a rules based methodology that considers dividend growth rate, yield, and payout ratio. Securities will also be subject to a liquidity screen process.  The ETF also dynamically writes covered call options. The call options are written out of the money and selected based on analyzing the option's available premium. The option premium provides limited downside protection.

Fund Benefits

  • Designed for investors looking for higher income from equity portfolios
  • Invested in a diversified portfolio of high dividend Canadian companies
  • Call option writing reduces volatility 
  • 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 $ 18.45 $ 0.01 0.05%
Price (NAV) $ 18.4360 $ 0.0111 0.06%

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 5.92% 17.55% 6.16% 5.32% - 5.11%
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
NAV -1.03% 25.44% -6.88% 17.00% -9.92% 7.78%
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 -1.03% 3.17% -4.11% -3.13% 5.92% 38.18% 19.62% 29.57% - 31.32%
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 0.100000 0.000000 0.100000
May, 2022 May 27, 2022 May 30, 2022 Jun 03, 2022 0.100000 0.000000 0.100000
Jun, 2022 Jun 28, 2022 Jun 29, 2022 Jul 05, 2022 0.100000 0.000000 0.100000
Jul, 2022 Jul 27, 2022 Jul 28, 2022 Aug 03, 2022 0.100000 0.000000 0.100000
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

100.75%

Cash and Cash Equivalents

-0.75%

Number of Holdings

101

Total Net Assets

$ 1,582,913,243.00


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
5.81% CANADIAN NATIONAL RAILWAY CO CA1363751027 CNR 559,652 CAD 91,973,210 Industrials Stock
5.20% MANULIFE FINANCIAL CORP CA56501R1064 MFC 3,377,416 CAD 82,341,402 Financials Stock
5.07% ROYAL BANK OF CANADA CA7800871021 RY 625,181 CAD 80,304,499 Financials Stock
5.04% BANK OF NOVA SCOTIA/THE CA0641491075 BNS 983,938 CAD 79,817,051 Financials Stock
4.96% CANADIAN IMPERIAL BANK OF COMMERCE CA1360691010 CM 1,168,229 CAD 78,551,718 Financials Stock
4.93% ENBRIDGE INC CA29250N1050 ENB 1,415,315 CAD 78,068,775 Energy Stock
4.82% TORONTO-DOMINION BANK/THE CA8911605092 TD 876,407 CAD 76,361,342 Financials Stock
4.80% BCE INC CA05534B7604 BCE 1,171,264 CAD 75,956,470 Communication Services Stock
4.02% TC ENERGY CORP CA87807B1076 TRP 980,640 CAD 63,614,117 Energy Stock
3.78% CANADIAN NATURAL RESOURCES LTD CA1363851017 CNQ 847,621 CAD 59,875,947 Energy Stock
3.69% BANK OF MONTREAL CA0636711016 BMO 438,137 CAD 58,429,950 Financials Stock
3.61% TELUS CORP CA87971M1032 T 1,896,468 CAD 57,083,687 Communication Services Stock
2.93% NUTRIEN LTD CA67077M1086 NTR 402,658 CAD 46,454,653 Materials Stock
2.93% THOMSON REUTERS CORP CA8849037095 TRI 308,761 CAD 46,320,325 Industrials Stock
2.91% BARRICK GOLD CORP CA0679011084 ABX 2,145,666 CAD 46,131,819 Materials Stock
2.88% SUN LIFE FINANCIAL INC CA8667961053 SLF 736,728 CAD 45,596,096 Financials Stock
2.49% POWER CORP OF CANADA CA7392391016 POW 1,116,409 CAD 39,442,730 Financials Stock
2.42% FORTIS INC/CANADA CA3495531079 FTS 629,678 CAD 38,227,751 Utilities Stock
2.29% BROOKFIELD ASSET MANAGEMENT INC CA1125851040 BAM/A 529,156 CAD 36,289,518 Financials Stock
2.22% NATIONAL BANK OF CANADA CA6330671034 NA 374,254 CAD 35,067,600 Financials Stock
1.91% ROGERS COMMUNICATIONS INC CA7751092007 RCI/B 515,508 CAD 30,296,405 Communication Services Stock
1.83% BROOKFIELD INFRASTRUCTURE PARTNERS LP BMG162521014 BIP-U 544,896 CAD 28,977,569 Utilities Stock
1.80% GREAT-WEST LIFECO INC CA39138C1068 GWO 878,439 CAD 28,461,424 Financials Stock
1.71% AGNICO EAGLE MINES LTD CA0084741085 AEM 462,535 CAD 27,127,678 Materials Stock
1.70% CANADIAN PACIFIC RAILWAY LTD CA13645T1003 CP 258,934 CAD 26,965,387 Industrials Stock
1.66% MAGNA INTERNATIONAL INC CA5592224011 MG 315,934 CAD 26,282,549 Consumer Discretionary Stock
1.61% LOBLAW COS LTD CA5394811015 L 211,803 CAD 25,460,839 Consumer Staples Stock
1.58% HYDRO ONE LTD CA4488112083 H 699,472 CAD 24,971,150 Utilities Stock
1.55% ALIMENTATION COUCHE-TARD INC CA01626P3043 ATD 412,453 CAD 24,536,829 Consumer Staples Stock
1.51% EMERA INC CA2908761018 EMA 387,942 CAD 23,908,865 Utilities Stock
1.46% PEMBINA PIPELINE CORP CA7063271034 PPL 482,150 CAD 23,085,342 Energy Stock
1.44% CANADIAN TIRE CORP LTD CA1366812024 CTC/A 137,480 CAD 22,781,811 Consumer Discretionary Stock
1.43% ALGONQUIN POWER & UTILITIES CORP CA0158571053 AQN 1,207,362 CAD 22,662,185 Utilities Stock
1.38% IMPERIAL OIL LTD CA4530384086 IMO 375,763 CAD 21,820,557 Energy Stock
1.36% GEORGE WESTON LTD CA9611485090 WN 137,196 CAD 21,521,937 Consumer Staples Stock
0.00% AGNICO EAGLE MINES LTD 19Aug2022 68 CALL - AEM 8 C68 -650 CAD -3,575 - Cash and Cash Equivalents
0.00% AGNICO EAGLE MINES LTD 19Aug2022 70 CALL - AEM 8 C70 -650 CAD -3,575 - Cash and Cash Equivalents
0.00% IMPERIAL OIL LTD 19Aug2022 78 CALL - IMO 8 C78 -1,100 CAD -3,850 - Cash and Cash Equivalents
0.00% CANADIAN NATURAL RESOURCES LTD 19Aug2022 80 CALL - CNQ 8 C80 -2,100 CAD -4,200 - Cash and Cash Equivalents
0.00% CANADIAN TIRE CORP LTD 19Aug2022 180 CALL - CTC 8 C180 -300 CAD -6,000 - Cash and Cash Equivalents
0.00% MAGNA INTERNATIONAL INC 19Aug2022 90 CALL - MG 8 C90 -800 CAD -8,000 - Cash and Cash Equivalents
0.00% LOBLAW COS LTD 19Aug2022 125 CALL - L 8 C125 -600 CAD -8,100 - Cash and Cash Equivalents
0.00% FORTIS INC/CANADA 19Aug2022 63.5 CALL - FTS 8 C63.5 -1,500 CAD -8,250 - Cash and Cash Equivalents
0.00% ROGERS COMMUNICATIONS INC 19Aug2022 64 CALL - RCI 8 C64 -2,500 CAD -10,000 - Cash and Cash Equivalents
0.00% TC ENERGY CORP 19Aug2022 70 CALL - TRP 8 C70 -2,000 CAD -10,000 - Cash and Cash Equivalents
0.00% BARRICK GOLD CORP 19Aug2022 30 CALL - ABX 8 C30 -3,500 CAD -12,250 - Cash and Cash Equivalents
0.00% CANADIAN TIRE CORP LTD 16Sep2022 180 CALL - CTC 9 C180 -350 CAD -12,425 - Cash and Cash Equivalents
0.00% TC ENERGY CORP 26Aug2022 72.5 CALL - 4TRP 8 C72.5 -2,300 CAD -12,650 - Cash and Cash Equivalents
0.00% TELUS CORP 19Aug2022 30.5 CALL - T 8 C30.5 -3,300 CAD -13,200 - Cash and Cash Equivalents
0.00% FORTIS INC/CANADA 26Aug2022 61.5 CALL - 4FTS 8 C61.5 -1,400 CAD -14,700 - Cash and Cash Equivalents
0.00% GEORGE WESTON LTD/OLD 16Sep2022 165 CALL - WN 9 C165 -300 CAD -16,800 - Cash and Cash Equivalents
0.00% HYDRO ONE LTD 16Sep2022 37 CALL - H 9 C37 -1,200 CAD -18,000 - Cash and Cash Equivalents
0.00% EMERA INC 16Sep2022 64 CALL - EMA 9 C64 -900 CAD -19,350 - Cash and Cash Equivalents
0.00% ENBRIDGE INC 19Aug2022 58 CALL - ENB 8 C58 -4,000 CAD -20,000 - Cash and Cash Equivalents
0.00% BARRICK GOLD CORP 26Aug2022 23 CALL - 4ABX 8 C23 -3,500 CAD -21,000 - Cash and Cash Equivalents
0.00% LOBLAW COS LTD 16Sep2022 130 CALL - L 9 C130 -500 CAD -21,250 - Cash and Cash Equivalents
0.00% PEMBINA PIPELINE CORP 19Aug2022 49 CALL - PPL 8 C49 -2,300 CAD -24,150 - Cash and Cash Equivalents
0.00% EMERA INC 19Aug2022 62 CALL - EMA 8 C62 -1,100 CAD -24,200 - Cash and Cash Equivalents
0.00% BARRICK GOLD CORP 09Sep2022 23.5 CALL - 2ABX 9 C23.5 -3,100 CAD -29,450 - Cash and Cash Equivalents
0.00% CANADIAN NATURAL RESOURCES LTD 19Aug2022 74 CALL - CNQ 8 C74 -2,100 CAD -37,800 - Cash and Cash Equivalents
0.00% ALIMENTATION COUCHE-TARD INC 19Aug2022 60 CALL - ATD 8 C60 -600 CAD -39,000 - Cash and Cash Equivalents
0.00% AGNICO EAGLE MINES LTD 26Aug2022 63 CALL - 4AEM 8 C63 -1,100 CAD -40,700 - Cash and Cash Equivalents
0.00% ENBRIDGE INC 16Sep2022 58 CALL - ENB 9 C58 -3,000 CAD -48,000 - Cash and Cash Equivalents
0.00% IMPERIAL OIL LTD 16Sep2022 64 CALL - IMO 9 C64 -800 CAD -50,800 - Cash and Cash Equivalents
0.00% CANADIAN IMPERIAL BANK OF COMM 26Aug2022 68 CALL - 4CM 8 C68 -1,100 CAD -55,000 - Cash and Cash Equivalents
0.00% BCE INC 02Sep2022 66 CALL - 1BCE 9 C66 -3,300 CAD -67,650 - Cash and Cash Equivalents
0.00% ALGONQUIN POWER & UTILITIES CO 16Sep2022 19 CALL - AQN 9 C19 -3,000 CAD -75,000 - Cash and Cash Equivalents
0.00% GREAT-WEST LIFECO INC 19Aug2022 32 CALL - GWO 8 C32 -2,000 CAD -79,000 - Cash and Cash Equivalents
-0.01% ALGONQUIN POWER & UTILITIES CO 19Aug2022 18.5 CALL - AQN 8 C18.5 -2,500 CAD -81,250 - Cash and Cash Equivalents
-0.01% NATIONAL BANK OF CANADA 26Aug2022 94.5 CALL - 4NA 8 C94.5 -1,300 CAD -98,800 - Cash and Cash Equivalents
-0.01% GEORGE WESTON LTD/OLD 19Aug2022 155 CALL - WN 8 C155 -400 CAD -99,000 - Cash and Cash Equivalents
-0.01% BCE INC 16Sep2022 66 CALL - BCE 9 C66 -2,500 CAD -100,000 - Cash and Cash Equivalents
-0.01% BROOKFIELD ASSET MANAGEMENT IN 19Aug2022 68 CALL - BAM 8 C68 -1,300 CAD -140,400 - Cash and Cash Equivalents
-0.01% NUTRIEN LTD 19Aug2022 118 CALL - NTR 8 C118 -2,000 CAD -144,000 - Cash and Cash Equivalents
-0.01% HYDRO ONE LTD 19Aug2022 35 CALL - H 8 C35 -2,000 CAD -150,000 - Cash and Cash Equivalents
-0.01% GREAT-WEST LIFECO INC 26Aug2022 32 CALL - 4GWO 8 C32 -2,500 CAD -156,250 - Cash and Cash Equivalents
-0.01% MAGNA INTERNATIONAL INC 19Aug2022 82 CALL - MG 8 C82 -800 CAD -156,800 - Cash and Cash Equivalents
-0.01% BROOKFIELD INFRASTRUCTURE PART 19Aug2022 52 CALL - BIP 8 C52 -1,400 CAD -182,000 - Cash and Cash Equivalents
-0.01% POWER CORP OF CANADA 16Sep2022 35 CALL - POW 9 C35 -2,000 CAD -182,000 - Cash and Cash Equivalents
-0.01% TORONTO-DOMINION BANK/THE 19Aug2022 86.5 CALL - TD 8 C86.5 -3,000 CAD -189,000 - Cash and Cash Equivalents
-0.01% POWER CORP OF CANADA 19Aug2022 35 CALL - POW 8 C35 -3,500 CAD -196,000 - Cash and Cash Equivalents
-0.01% THOMSON REUTERS CORP 16Sep2022 150 CALL - TRI 9 C150 -800 CAD -210,000 - Cash and Cash Equivalents
-0.01% BROOKFIELD INFRASTRUCTURE PART 16Sep2022 52 CALL - BIP 9 C52 -1,300 CAD -214,500 - Cash and Cash Equivalents
-0.01% MANULIFE FINANCIAL CORP 26Aug2022 24 CALL - 4MFC 8 C24 -4,700 CAD -230,300 - Cash and Cash Equivalents
-0.01% ROYAL BANK OF CANADA 19Aug2022 128 CALL - RY 8 C128 -2,200 CAD -235,400 - Cash and Cash Equivalents
-0.02% MANULIFE FINANCIAL CORP 16Sep2022 24 CALL - MFC 9 C24 -4,000 CAD -244,000 - Cash and Cash Equivalents
-0.02% TELUS CORP 02Sep2022 30 CALL - 1T 9 C30 -6,200 CAD -257,300 - Cash and Cash Equivalents
-0.02% CANADIAN NATIONAL RAILWAY CO 16Sep2022 166 CALL - CNR 9 C166 -1,100 CAD -287,650 - Cash and Cash Equivalents
-0.02% SUN LIFE FINANCIAL INC 16Sep2022 60 CALL - SLF 9 C60 -1,500 CAD -312,750 - Cash and Cash Equivalents
-0.02% MANULIFE FINANCIAL CORP 19Aug2022 23.5 CALL - MFC 8 C23.5 -4,000 CAD -360,000 - Cash and Cash Equivalents
-0.02% ALIMENTATION COUCHE-TARD INC 19Aug2022 58 CALL - ATD 8 C58 -1,500 CAD -390,000 - Cash and Cash Equivalents
-0.03% SUN LIFE FINANCIAL INC 19Aug2022 60 CALL - SLF 8 C60 -2,200 CAD -434,500 - Cash and Cash Equivalents
-0.03% MANULIFE FINANCIAL CORP 26Aug2022 23.5 CALL - 4MFC 8 C23.5 -4,700 CAD -434,750 - Cash and Cash Equivalents
-0.03% BANK OF NOVA SCOTIA 02Sep2022 81 CALL - 1BNS 9 C81 -3,400 CAD -515,100 - Cash and Cash Equivalents
-0.04% CANADIAN PACIFIC RAILWAY LTD 19Aug2022 100 CALL - CP 8 C100 -1,200 CAD -570,000 - Cash and Cash Equivalents
-0.05% BANK OF MONTREAL 19Aug2022 128 CALL - BMO 8 C128 -1,500 CAD -832,500 - Cash and Cash Equivalents
-0.06% THOMSON REUTERS CORP 19Aug2022 138 CALL - TRI 8 C138 -800 CAD -964,000 - Cash and Cash Equivalents
-0.07% CANADIAN IMPERIAL BANK OF COMM 19Aug2022 63.5 CALL - CM 8 C63.5 -3,000 CAD -1,132,500 - Cash and Cash Equivalents
-0.08% BROOKFIELD ASSET MANAGEMENT IN 19Aug2022 64 CALL - BAM 8 C64 -2,500 CAD -1,200,000 - Cash and Cash Equivalents
-0.11% CANADIAN NATIONAL RAILWAY CO 19Aug2022 155 CALL - CNR 8 C155 -1,800 CAD -1,696,500 - Cash and Cash Equivalents
0.09% CASH - - 1 CAD 1,358,892 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

has a donut chart divided into 8 ranges. Ranges are: 40.13%, Financials.14.84%, Energy.12.22%, Communication Services.10.23%, Utilities.8.38%, Industrials.7.02%, Materials.4.09%, Consumer Staples.3.1%, Consumer Discretionary.

Geographic Allocation

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

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