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BMO Covered Call Canadian Banks ETF (ZWB $25.12)
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BMO Covered Call Utilities ETF (ZWU $10.93)
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BMO Canadian High Dividend Covered Call ETF (ZWC $20.32)
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BMO Covered Call US Banks ETF (ZWK $27.00)
Q: A portion of my portfolio is invested in the BMO Covered Call ETF's. In their fund prospectus, they indicate that a portion of your return is a return of capital. Is this a return of invested capital or is this the return of the premiums collected from writing the calls against the underlying securities?