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  5. ZWP: Which would you prefer for a 2 to 3 year hold for income in a tfsa? [BMO Europe High Dividend Covered Call ETF]
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Q: Which would you prefer for a 2 to 3 year hold for income in a tfsa?
Asked by Steve on November 21, 2023
5i Research Answer:

Both funds are essentially identical except ZWP is unhedged to CAD and therefore will fluctuate based on the local European currency. With the weakness in the European economy, we would feel comfortable holding ZWE (hedged to CAD) for the purposes of income in a TFSA.

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