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BMO Covered Call Utilities ETF (ZWU $11.26)
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Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV $18.38)
Q: I would be interested in your professional opinion on covered call ETF's within a non registered account for a duo objective of maintaining principal and generating an income. I have ample growth investments in registered accounts. One draw back I see from. this approach is the tracking of ACB for tax purposes etc, which you don't have in registered accounts, If you have 2-3 recommendations you feel comfortable with, that's appreciated.
Thanks
As a tag on to my recently submitted question about covered call, what is your opinion and recommendations within in an RRSP?
Thanks
As a tag on to my recently submitted question about covered call, what is your opinion and recommendations within in an RRSP?
5i Research Answer:
Yes, tracking ACB can be a pain, but if there is a return of capital component on a fund it can...
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZWU.