Covered Call ETF Vs Pure Dividend Stocks
by | Posted 6.12.2012 | Post Comment (No Comments)

About a year ago, I bought a Covered Call ETF: ZWB: BMO Covered Call ETF Canadian Banks (click here for the detail of my trade on ZWB). When I first bought it, the covered call ETF was a relatively new “financial invention” in Canada. I thought it was really interesting to have an ETF that was able to track the 6 strongest banks in the world while paying a higher dividend. At the time of the purchase, I think the dividend yield was roughly 10%.

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