Q: Does this fund qualify for benefit as a Canadian Dividend fund?
Please explain rules to qualify for the dividend discount.
Thanks.

Q: After holding this ETF for about 8 years and riding many waves up and down, I am finally ahead a little (not counting dividends). It makes up about 17% of my total holdings. I do not have any substantive exposure to Technology or Reits. There are two etf's I have my eye on-QMAX and RMAX which pay about 10%. ZWC pays about 6%. I would only switch about 50% of ZWC and split it out evenly to QMAX and RMAX. I already hold a bank ETF and a Utility ETF so I think doing his would give me some additional diversification. Your thoughts please?
As a side note, many people ask about these covered call ETF's. When I bought ZWC the TSX was around 16,000. Now I am just slightly above what I paid 8 years ago and the TSX is almost double. Don't expect big growth with these vehicles however the dividends are nice.

Q: I am an 80 year old value investor. In a diversified portfolio in all sectors, covered call ETF's as per above, make up 10% of my portfolio. I am satisfied with that and all but two are up. 30% of holdings are ETF's including the covered calls.
QUESTION:1. Am I holding too many covered call ETF's? They seem to take the stairs up and the elevator down faster than single stocks. 2. Is it supposed that the covered call ETF's will plunge faster than the single stocks in an expected steep correction?
Thank you