
Canada - TSX:ZWB - CA05560U1049 - ETF
The current stock price of ZWB.CA is 23.36 CAD. In the past month the price increased by 2.23%. In the past year, price increased by 18.34%.
The BMO Covered Call Canadian Banks ETF has been designed to provide exposure to a portfolio of Canadian banks while earning call option premiums. The Fund invests in securities of Canadian banks, 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 and reconstituted semi-annually in June and December, and options are rolled forward upon expiry. In addition, as ZWB is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.
The current stock price of ZWB.CA is 23.36 CAD. The price increased by 0.04% in the last trading session.
ZWB.CA has a ChartMill Technical rating of 8 out of 10.You can find more details on the Technical Analysis and Fundamental Analysis tabs.
ZWB.CA stock is listed on the Toronto Stock Exchange exchange.
ChartMill assigns a technical rating of 8 / 10 to ZWB.CA. When comparing the yearly performance of all stocks, ZWB.CA turns out to be only a medium performer in the overall market: it outperformed 64.43% of all stocks.