Overview

Fund Profile

Key Facts

Portfolio Strategy

BMO US High Dividend Covered Call ETF (US Dollar Units) 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, payout ratio and liquidity. The Fund also 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 re-balanced to maintain broad sector diversification and options are rolled forward upon expiry. In addition, ZWH may hold other underlying ETFs, the management fees charged are reduced by management fees paid on the underlying ETFs, thereby avoiding duplication of the management fees. The ETF trades in US dollars on the TSX.

Fund Benefits

  • Designed for investors looking for higher income from equity portfolios
  • Invested in a diversified portfolio of high dividend U.S. companies
  • Call option writing reduces volatility
  • Further diversification from U.S. currency
  • Purchased in U.S. currency
  • 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 May 29, 2023, 1 Day Change, 1 Day % Change
Unit Price as of
(May 29, 2023)
1 Day Change 1 Day % Change
Market Price $ 21.83 $ 0.14 0.65%
Price (NAV) $ 21.6431 $ -0.0363 -0.17%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Apr 28, 2023

Table for annualized performance. For period ending
1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 3.06% 3.50% 14.90% 7.50% - 7.66%
Index - - - - - -
Calendar Performance

Calendar Year Performance (%) for period ending: Apr 28, 2023

Table for calendar performance. For period ending
YTD 2022 2021 2020 2019 2018 2017 2016 2015
NAV 2.51% -6.60% 24.91% 2.14% 22.65% -7.26% 12.96% 13.58% 2.85%
Index - - - - - - - - -
Cumulative Performance

Cumulative Performance (%) for period ending: Apr 28, 2023

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 2.51% 1.22% 0.85% 5.97% 3.06% 7.11% 51.68% 43.59% - 83.31%
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.

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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, 2023 Jan 27, 2023 Jan 30, 2023 Feb 02, 2023 0.115000 - 0.115000
Feb, 2023 Feb 24, 2023 Feb 27, 2023 Mar 02, 2023 0.115000 - 0.115000
Mar, 2023 Mar 29, 2023 Mar 30, 2023 Apr 04, 2023 0.115000 - 0.115000
Apr, 2023 Apr 26, 2023 Apr 27, 2023 May 02, 2023 0.115000 - 0.115000
May, 2023 May 30, 2023 May 31, 2023 Jun 05, 2023 0.105000 - 0.105000
Jun, 2023 Jun 28, 2023 Jun 29, 2023 Jul 05, 2023 - - -
Jul, 2023 Jul 27, 2023 Jul 28, 2023 Aug 02, 2023 - - -
Aug, 2023 Aug 29, 2023 Aug 30, 2023 Sep 05, 2023 - - -
Sep, 2023 Sep 27, 2023 Sep 28, 2023 Oct 04, 2023 - - -
Oct, 2023 Oct 27, 2023 Oct 30, 2023 Nov 02, 2023 - - -
Nov, 2023 Nov 28, 2023 Nov 29, 2023 Dec 04, 2023 - - -
Dec, 2023 Dec 27, 2023 Dec 28, 2023 Jan 03, 2023 - - -
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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 May 29, 2023

Stock

100.10%

Cash and Cash Equivalents

-0.10%

Number of Holdings

80

Total Net Assets

$ 75,750,990.00


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
4.26% MICROSOFT CORP US5949181045 MSFT 103,447 USD 46,689,412 Information Technology Stock
4.14% HOME DEPOT INC/THE US4370761029 HD 114,223 USD 45,349,441 Consumer Discretionary Stock
4.07% APPLE INC US0378331005 AAPL 187,416 USD 44,558,854 Information Technology Stock
4.07% JPMORGAN CHASE & CO US46625H1005 JPM 240,087 USD 44,546,144 Financials Stock
4.06% PFIZER INC US7170811035 PFE 871,346 USD 44,484,950 Health Care Stock
3.84% ABBVIE INC US00287Y1091 ABBV 225,058 USD 42,058,235 Health Care Stock
3.82% MERCK & CO INC US58933Y1055 MRK 277,812 USD 41,893,846 Health Care Stock
3.81% COCA-COLA CO/THE US1912161007 KO 510,099 USD 41,750,115 Consumer Staples Stock
3.79% BANK OF AMERICA CORP US0605051046 BAC 1,083,648 USD 41,542,676 Financials Stock
3.73% PROCTER & GAMBLE CO/THE US7427181091 PG 207,067 USD 40,890,911 Consumer Staples Stock
3.56% CISCO SYSTEMS INC US17275R1023 CSCO 576,381 USD 38,977,967 Information Technology Stock
3.42% PEPSICO INC US7134481081 PEP 150,216 USD 37,464,532 Consumer Staples Stock
3.30% INTERNATIONAL BUSINESS MACHINES CORP US4592001014 IBM 206,471 USD 36,116,024 Information Technology Stock
3.06% EXXON MOBIL CORP US30231G1022 XOM 235,918 USD 33,575,841 Energy Stock
3.00% CHEVRON CORP US1667641005 CVX 157,556 USD 32,918,772 Energy Stock
3.00% UNITED PARCEL SERVICE INC US9113121068 UPS 141,227 USD 32,846,048 Industrials Stock
2.77% MORGAN STANLEY US6174464486 MS 267,391 USD 30,374,360 Financials Stock
2.55% VERIZON COMMUNICATIONS INC US92343V1044 VZ 588,120 USD 27,941,097 Communication Services Stock
2.54% TEXAS INSTRUMENTS INC US8825081040 TXN 116,496 USD 27,837,881 Information Technology Stock
2.51% COMCAST CORP US20030N1019 CMCSA 514,462 USD 27,534,688 Communication Services Stock
2.39% ORACLE CORP US68389X1054 ORCL 185,878 USD 26,236,137 Information Technology Stock
2.27% AMGEN INC US0311621009 AMGN 84,459 USD 24,884,641 Health Care Stock
2.26% MCDONALD'S CORP US5801351017 MCD 63,801 USD 24,772,349 Consumer Discretionary Stock
2.17% ACCENTURE PLC IE00B4BNMY34 ACN 57,754 USD 23,754,351 Information Technology Stock
2.12% QUALCOMM INC US7475251036 QCOM 155,355 USD 23,229,605 Information Technology Stock
2.10% METLIFE INC US59156R1086 MET 328,263 USD 23,032,316 Financials Stock
2.04% PRUDENTIAL FINANCIAL INC US7443201022 PRU 206,616 USD 22,406,910 Financials Stock
2.04% CATERPILLAR INC US1491231015 CAT 77,820 USD 22,335,888 Industrials Stock
2.01% CVS HEALTH CORP US1266501006 CVS 240,302 USD 22,054,466 Health Care Stock
2.00% LOCKHEED MARTIN CORP US5398301094 LMT 36,014 USD 21,929,806 Industrials Stock
1.96% SOUTHERN CO/THE US8425871071 SO 227,423 USD 21,455,918 Utilities Stock
1.94% LINDE PLC IE000S9YS762 LIN 44,068 USD 21,287,343 Materials Stock
1.88% NEXTERA ENERGY INC US65339F1012 NEE 205,817 USD 20,650,352 Utilities Stock
1.84% NIKE INC US6541061031 NKE 138,430 USD 20,170,836 Consumer Discretionary Stock
1.77% TARGET CORP US87612E1064 TGT 102,762 USD 19,356,509 Consumer Staples Stock
0.00% COCA-COLA CO/THE 02Jun2023 65 CALL - KO 6 C65 -1,300 USD -1,766 - Cash and Cash Equivalents
0.00% MCDONALD'S CORP 02Jun2023 305 CALL - MCD 6 C305 -300 USD -2,038 - Cash and Cash Equivalents
0.00% NEXTERA ENERGY INC 16Jun2023 85 CALL - NEE 6 C85 -500 USD -2,038 - Cash and Cash Equivalents
0.00% COMCAST CORP 02Jun2023 43 CALL - CMCSA 6 C43 -2,000 USD -2,717 - Cash and Cash Equivalents
0.00% PEPSICO INC 16Jun2023 200 CALL - PEP 6 C200 -400 USD -2,717 - Cash and Cash Equivalents
0.00% TARGET CORP 16Jun2023 175 CALL - TGT 6 C175 -500 USD -2,717 - Cash and Cash Equivalents
0.00% VERIZON COMMUNICATIONS INC 02Jun2023 39 CALL - VZ 6 C39 -2,000 USD -2,717 - Cash and Cash Equivalents
0.00% QUALCOMM INC 02Jun2023 129 CALL - QCOM 6 C129 -700 USD -3,804 - Cash and Cash Equivalents
0.00% PEPSICO INC 16Jun2023 195 CALL - PEP 6 C195 -400 USD -5,977 - Cash and Cash Equivalents
0.00% UNITED PARCEL SERVICE INC 16Jun2023 190 CALL - UPS 6 C190 -600 USD -6,113 - Cash and Cash Equivalents
0.00% VERIZON COMMUNICATIONS INC 16Jun2023 38 CALL - VZ 6 C38 -900 USD -6,113 - Cash and Cash Equivalents
0.00% BANK OF AMERICA CORP 02Jun2023 31 CALL - BAC 6 C31 -2,300 USD -6,249 - Cash and Cash Equivalents
0.00% SOUTHERN CO/THE 16Jun2023 75 CALL - SO 6 C75 -1,100 USD -7,472 - Cash and Cash Equivalents
0.00% NIKE INC 23Jun2023 124 CALL - NKE 6 C124 -700 USD -10,460 - Cash and Cash Equivalents
0.00% PROCTER & GAMBLE CO/THE 23Jun2023 157.5 CALL - PG 6 C157.5 -1,000 USD -10,868 - Cash and Cash Equivalents
0.00% MERCK & CO INC 23Jun2023 121 CALL - MRK 6 C121 -500 USD -11,547 - Cash and Cash Equivalents
0.00% MERCK & CO INC 23Jun2023 123 CALL - MRK 6 C123 -900 USD -12,226 - Cash and Cash Equivalents
0.00% AMGEN INC 16Jun2023 235 CALL - AMGN 6 C235 -400 USD -14,128 - Cash and Cash Equivalents
0.00% LINDE PLC 16Jun2023 390 CALL - LIN 6 C390 -220 USD -17,185 - Cash and Cash Equivalents
0.00% COMCAST CORP 23Jun2023 42 CALL - CMCSA 6 C42 -600 USD -17,932 - Cash and Cash Equivalents
0.00% CATERPILLAR INC 23Jun2023 235 CALL - CAT 6 C235 -390 USD -22,782 - Cash and Cash Equivalents
0.00% BANK OF AMERICA CORP 09Jun2023 30 CALL - BAC 6 C30 -2,100 USD -22,823 - Cash and Cash Equivalents
0.00% EXXON MOBIL CORP 23Jun2023 118 CALL - XOM 6 C118 -1,100 USD -26,898 - Cash and Cash Equivalents
0.00% METLIFE INC 16Jun2023 57.5 CALL - MET 6 C57.5 -900 USD -28,121 - Cash and Cash Equivalents
0.00% LOCKHEED MARTIN CORP 16Jun2023 470 CALL - LMT 6 C470 -180 USD -30,566 - Cash and Cash Equivalents
0.00% ORACLE CORP 23Jun2023 114 CALL - ORCL 6 C114 -400 USD -30,974 - Cash and Cash Equivalents
0.00% CVS HEALTH CORP 23Jun2023 74 CALL - CVS 6 C74 -1,200 USD -32,604 - Cash and Cash Equivalents
0.00% NEXTERA ENERGY INC 21Jul2023 80 CALL - NEE 7 C80 -500 USD -38,717 - Cash and Cash Equivalents
0.00% APPLE INC 16Jun2023 185 CALL - AAPL 6 C185 -400 USD -40,212 - Cash and Cash Equivalents
0.00% COCA-COLA CO/THE 30Jun2023 62 CALL - KO 6 C62 -1,300 USD -54,748 - Cash and Cash Equivalents
-0.01% JPMORGAN CHASE & CO 23Jun2023 147 CALL - JPM 6 C147 -1,200 USD -57,057 - Cash and Cash Equivalents
-0.01% APPLE INC 23Jun2023 185 CALL - AAPL 6 C185 -500 USD -62,491 - Cash and Cash Equivalents
-0.01% HOME DEPOT INC/THE 16Jun2023 310 CALL - HD 6 C310 -600 USD -73,359 - Cash and Cash Equivalents
-0.01% PRUDENTIAL FINANCIAL INC 21Jul2023 90 CALL - PRU 7 C90 -1,000 USD -74,717 - Cash and Cash Equivalents
-0.01% PFIZER INC 30Jun2023 41 CALL - PFE 6 C41 -3,000 USD -85,585 - Cash and Cash Equivalents
-0.01% CHEVRON CORP 23Jun2023 165 CALL - CVX 6 C165 -800 USD -92,378 - Cash and Cash Equivalents
-0.01% PFIZER INC 23Jun2023 39 CALL - PFE 6 C39 -1,400 USD -95,095 - Cash and Cash Equivalents
-0.01% MORGAN STANLEY 23Jun2023 89 CALL - MS 6 C89 -1,300 USD -105,963 - Cash and Cash Equivalents
-0.02% INTERNATIONAL BUSINESS MACHINE 23Jun2023 133 CALL - IBM 6 C133 -1,000 USD -167,095 - Cash and Cash Equivalents
-0.02% CISCO SYSTEMS INC 23Jun2023 51 CALL - CSCO 6 C51 -2,900 USD -256,077 - Cash and Cash Equivalents
-0.03% ACCENTURE PLC 16Jun2023 305 CALL - ACN 6 C305 -300 USD -303,625 - Cash and Cash Equivalents
-0.03% ORACLE CORP 02Jun2023 100 CALL - ORCL 6 C100 -500 USD -322,644 - Cash and Cash Equivalents
-0.03% TEXAS INSTRUMENTS INC 16Jun2023 175 CALL - TXN 6 C175 -500 USD -354,568 - Cash and Cash Equivalents
-0.04% MICROSOFT CORP 16Jun2023 335 CALL - MSFT 6 C335 -500 USD -456,456 - Cash and Cash Equivalents
0.17% CASH - - 1 CAD 1,833,992 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

has a donut chart divided into 10 ranges. Ranges are: 24.36%, Information Technology.15.07%, Health Care.14.65%, Financials.11.09%, Consumer Staples.10.67%, Consumer Discretionary.6.87%, Industrials.5.83%, Energy.5.55%, Communication Services.3.95%, Utilities.1.97%, Materials.

Geographic Allocation

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

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