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Investment Q&A

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Q: This ETF seems too good to be true,roughly 17.5% yield,up about 8.5% since inception from July of last year and if that’s not enough it pays an 18 cent distribution twice a month.
.85 % MER seems high but I guess that’s for the 25% leverage and zero day to expiry(whatever that means) I suspect.If this is like most covered call ETFs it would have limited upside would it also possibly more defensive in a correction,your thoughts on this income ETF …Thanks
Read Answer Asked by Greg on January 16, 2026