Overview

Fund Profile

Key Facts

Portfolio Strategy

BMO US High Dividend Covered Call Hedged to CAD 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, payout ratio and liquidity. The Fund also dynamically writes covered call options. The option premium provides limited downside protection. The U.S. currency exposure is hedged back to the Canadian dollar. In addition, as ZWS is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.

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
  • Hedged to mitigate currency impacts
  • 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 Sep 29, 2023, 1 Day Change, 1 Day % Change
Unit Price as of
(Sep 29, 2023)
1 Day Change 1 Day % Change
Market Price $ 18.66 $ -0.02 -0.11%
Price (NAV) $ 18.6675 $ -0.0343 -0.18%

Performance

Annualized Performance

Annualized Performance (%) for period ending: Aug 31, 2023

Table for annualized performance. For period ending
1 Year 2 Year 3 Year 5 Year 10 Year Since Inception
NAV 8.12% 0.75% 10.53% - - 5.97%
Index - - - - - -
Calendar Performance

Calendar Year Performance (%) for period ending: Aug 31, 2023

Table for calendar performance. For period ending
YTD 2022 2021 2020 2019 2018
NAV 3.78% -7.19% 24.46% 0.29% 21.04% -5.46%
Index - - - - - -
Cumulative Performance

Cumulative Performance (%) for period ending: Aug 31, 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 3.78% -1.77% 5.75% 4.63% 8.12% 1.50% 35.03% - - 37.56%
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, 2023 Jan 27, 2023 Jan 30, 2023 Feb 02, 2023 0.100000 - 0.100000
Feb, 2023 Feb 24, 2023 Feb 27, 2023 Mar 02, 2023 0.100000 - 0.100000
Mar, 2023 Mar 29, 2023 Mar 30, 2023 Apr 04, 2023 0.100000 - 0.100000
Apr, 2023 Apr 26, 2023 Apr 27, 2023 May 02, 2023 0.100000 - 0.100000
May, 2023 May 30, 2023 May 31, 2023 Jun 05, 2023 0.090000 - 0.090000
Jun, 2023 Jun 28, 2023 Jun 29, 2023 Jul 05, 2023 0.090000 - 0.090000
Jul, 2023 Jul 27, 2023 Jul 28, 2023 Aug 02, 2023 0.090000 - 0.090000
Aug, 2023 Aug 29, 2023 Aug 30, 2023 Sep 05, 2023 0.090000 - 0.090000
Sep, 2023 Sep 27, 2023 Sep 28, 2023 Oct 04, 2023 0.090000 - 0.090000
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, 2024 - - -
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 Sep 29, 2023

Stock

100.39%

Cash and Cash Equivalents

-0.39%

Number of Holdings

2

Total Net Assets

$ 175,527,051.00


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
100.39% BMO US HIGH DIVIDEND COVERED CALL ETF CA05579F1062 ZWH 8,316,460 CAD 176,215,558 - Stock
-0.39% CASH - - 1 CAD -688,478 - Cash and Cash Equivalents

Holdings Breakdown

Sector Allocation

has a donut chart divided into 10 ranges. Ranges are: 24.18%, Information Technology.15.87%, Financials.15.54%, Health Care.12.49%, Consumer Staples.8.18%, Consumer Discretionary.7.37%, Industrials.5.8%, Energy.5.06%, Communication Services.3.68%, Utilities.2%, Materials.

Geographic Allocation

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

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