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  5. ZWC: I am interested in income and currently hold 3% of ZWU and 3% of ZWC in my RIF. [BMO Canadian High Dividend Covered Call ETF]
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Investment Q&A

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Q: I am interested in income and currently hold 3% of ZWU and 3% of ZWC in my RIF. I would like to bring one of them up to a 5% holding and am looking for your opinion on which one to add to and why. Thanks, James
Asked by JAMES on May 02, 2023
5i Research Answer:

We would prefer ZWC as it is more diversified that a sector specific ETF such as ZWU, which is all utilities. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZWU.