Q: What am I missing here? This is a bond fund with an almost 12% payout? Is this something you can put $100k in and get $12k paid out every year forever? I get that it does covered calls but it just seems too easy. It completely trashes the TSX yearly returns with far less risk?
5i Research Answer:
BOND is up 4.24% this year, and indicated yield is 11.97%. The covered calls enhance income, and...