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BMO ETF
A one-ticket European equity portfolio: 36 stocks, 100% Europe, hedged to Canadian dollars, for 0.65% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
A fund of covered-call funds. Returns come from its underlying covered-call funds: their option premiums lifted distributions and capped part of the upside on the covered portion.
| Concentration | Top 10 holdings = 46.9% of the fund | holdings↓ |
| Fee | 0.65% per year | costs↓ |
| Currency | CAD-hedged | facts↓ |
| Wrapper | Fund of funds | holdings↓ |
How this fund works
Holds the underlying investments and writes covered calls on part of the position. The option premiums add to distributions and cap part of the upside.
Top holding: HSBC Holdings PLC 5.8% (broad) · Top sector: Financials 25.9% (broad) · Top region: Europe 100.0% (concentrated)
Financials 25.9%·Industrials 14.0%·Healthcare 12.9%·Utilities 9.3%·Energy 8.8%·Other 8.4%·Other (locked) 20.7%
Europe 100.0%
Look-through via underlying funds.
The management fee was 0.65% a year, or about $65 for every $10,000 held. This figure is the fund's own fee; the covered-call funds it holds run their option overlays internally, so there is no separate overlay fee, though those overlays change the return and distribution profile. Trading spreads are separate from this fee. This is the management fee as published by the provider; the total expense ratio can be slightly higher once fund operating costs are added.
How durable the fund is, and what moved its price.
| Assets | $2M· net assets |
| Listed | 2026· 0 years of history |
| Leverage / overlay | Options overlay |
What moved the price
| Ticker | ZWE.T.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-hedged |
| Asset class | Equity |
| Structure | Fund of funds |
| Theme | Dividend & Income |
| Provider | BMO ETF |
| Mgmt fee | 0.65% |
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Prices as of last close.
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