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Royal Bank of Canada (RY $244.68)
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Toronto-Dominion Bank (The) (TD $146.22)
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Bank of Nova Scotia (The) (BNS $105.73)
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BMO Covered Call Canadian Banks ETF (ZWB $27.54)
Q: Does the ETF ZWB with its covered call structure have an advantage if banks hold flat or very slow growth? Wondering if trimming my straight Canadian bank stocks and rotating to ZWB should present an advantage.
Am I missing something?
Am I missing something?
5i Research Answer:
Covered call ETFs should tend to do the best in a sideways or slowly rising/declining market....
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZWB.