Canadian Covered Call ETFs

Last week I received a question from a reader on covered call ETFs: “Just would like to hear other people’s views of the covered call ETFs from Horizons that are currently paying around 15%, such as HEX-T, or of BMO’s ZWB that is paying close to 10%.” There have been several articles already written on covered call ETFs here in Canada, and I’ve listed some of them below. Since then, both BMO Financial Group and Horizons have added new covered call ETFs. While I have nothing new to offer to the debate, I do think investors are taking risk with …

Read more